The average pay for a Business Development Officer is $56,234 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Skills that are associated with high pay for this job are Windows Operating System General Use, Microsoft Excel, and Microsoft Word.
Business Development Officer Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$38,683 - $100,226
(Median)
39K
56K
76K
100K
MEDIAN: $56,233
10%
50%
75%
90%
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Business Development Officer Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.50 - $81.75
(Median)
12
31
82
MEDIAN: $18.00
10%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$38,683 - $100,226  
   
Bonus
$0.00 - $28,973  
Profit Sharing
$979 - $6,128  
Commission
$1,987 - $195,743  
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).
)
$39,574 - $120,131  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 297
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$11.50 - $81.75  
   
Overtime
$24.64 - $40.50  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $28,973  
   
Commission
$1,987 - $195,743  
Profit Sharing
$979 - $6,128  
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).
)
$39,574 - $120,131  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 297
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Job Description for Business Development Officer
The business development officer is responsible for working to increase increase sales and profits related to the services and products offered by their organization. The business development officer is also responsible for building stronger ties with the member and shareholders of their institution. Some other responsibilities that are expected of a business development officer on a day-to-day basis include analyzing portfolios to develop new opportunities, developing new business strategies, and staying up to date with their institution's policies, programs, products and pricing. They are also in charge of working with colleagues in product development and competitive positioning, developing new services and increasing use of products and services provided by their institution. The hours of this position may vary, but this is generally a full time position in an office setting; travel is generally required to work with stakeholders and build business.
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Business Development Officer Tasks
  • Plan and evaluate marketing strategy.
  • Negotiate proposal timelines and budgets.
  • Coordinate the public relations.
  • Review proposals and cost estimates.
Popular Skills for Business Development Officer
Pay by Experience Level for Business Development Officer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Francisco
up arrow 93%
Chicago
up arrow 55%
Houston
up arrow 15%
National Average
$61,000
San Diego
up arrow 24%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Business Development Officer Salaries

National Average
$61,000

Skills That Affect Business Development Officer Salaries

Microsoft Office
up arrow 3%
National Average
$61,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 59 votes.
Gender
Female
47%
female alumni
 
Male
53%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
29%
5-9 years
30%
10-19 years
29%
20 years or more
11%
Common Health Benefits
medical benefits Medical: 85% dental benefits Dental: 75%
vision benefits Vision: 57% employee benefits None: 12%
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