Business Development Manager in Minneapolis, Minnesota Salary
Minneapolis Business Development Managers are often veterans in their line of work, with about three in five bringing more than 10 years of experience to the table. Salaries slide in at $70K annually on average but can range from $55K to $125K per year. Male Business Development Managers in Minneapolis, Minn. are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. For the most part, people in this position report moderate levels of job satisfaction. Unfortunately, some people in this line of work are without benefits — just over a fifth lack coverage. On the flip side, a strong majority have medical insurance and more than half receive dental plans. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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|Salary||$51,294 - $112,039|
|Bonus||$0.00 - $40,515|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$54,812 - $124,760|
Pay by Experience Level for Business Development Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Minneapolis Business Development Managers who reported more years of relevant experience also reported higher earnings. Survey participants with less than five years' experience pocket $59K on average, but those with five to 10 years of experience enjoy a much bigger median of $93K. Business Development Managers in Minneapolis, Minn. claiming one to two decades of experience make an estimated median of $95K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $98K on average.
Key Stats for Business Development Manager
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