Business Development Officer Salary

The average pay for a Business Development Officer is $62,760 per year. A skill in Business Development is associated with high pay for this job.

$42,000 - $121,456
$42K
$64K
$120K
MEDIAN: $63,850
10%
50%
90%

Add this chart to your site: 640px    300px

$11.74 - $26.01
$12
$20
$26
MEDIAN: $20.17
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$90K$180K$270K
Salary
$42,000 - $121,456  
   
Bonus
$582 - $46,369  
Profit Sharing
$0.00 - $29,361  
Commission
$11,745 - $255,321  
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).
)
$41,383 - $136,982  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 204
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$11.74 - $26.01  
   
Overtime
$20.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$582 - $46,369  
   
Commission
$11,745 - $255,321  
Profit Sharing
$0.00 - $29,361  
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).
)
$41,383 - $136,982  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 14

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

Business Development Officer Tasks

  • Coordinate the public relations.
  • Review proposals and cost estimates.
  • Plan and evaluate marketing strategy.
  • Negotiate proposal timelines and budgets.

Common Career Paths for Business Development Officer


Add this chart to your site:   640px 640px    300px 300px

Business Development Officer Job Listings

Search for more jobs:

Popular Skills for Business Development Officer

Pay by Experience Level for Business Development Officer

Pay by Experience for a Business Development Officer has a positive trend. An entry-level Business Development Officer with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 91 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $74,000 based on 55 salaries. An experienced Business Development Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $78,000 based on 58 salaries. A Business Development Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $103,000 based on 48 salaries.

Related Job Salaries

Key Stats for Business Development Officer

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
19%
10-19 years
22%
20 years or more
22%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Officer Salaries

▲52%

▲15%

▲8%

National Average
$68,000

▼19%

Skills That Affect Business Development Officer Salaries

Business Development
▲29%

▲4%


National Average
$68,000


Account Sales
▼7%


Customer Relationship Management (CRM)
▼12%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
19%
10-19 years
22%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
vision benefits
Vision: 65%
no benefits
None: 13%
ADVERTISEMENT