The average pay for a Business Development Officer is $62,584 per year. A skill in Business Development is associated with high pay for this job.

$39,598 - $119,481
$40K
$63K
$120K
MEDIAN: $62,584
10%
50%
90%

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$11.60 - $25.25
$12
$20
$25
MEDIAN: $19.95
10%
50%
90%

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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
$39,598 - $119,481  
   
Bonus
$986 - $48,177  
Profit Sharing
$-0.50 - $29,590  
Commission
$6,787 - $257,605  
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).
)
$40,358 - $142,050  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 195
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
$11.60 - $25.25  
   
Overtime
$28.23  
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
$986 - $48,177  
   
Commission
$6,787 - $257,605  
Profit Sharing
$-0.50 - $29,590  
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).
)
$40,358 - $142,050  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

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United States (change)

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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

  • 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


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Business Development Officer Job Listings

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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.

Related Job Salaries

Key Stats for Business Development Officer

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.
034
Less than 1 year
2%
1-4 years
34%
5-9 years
19%
10-19 years
22%
20 years or more
22%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Officer Salaries




National Average
$67,000


Skills That Affect Business Development Officer Salaries

Business Development
up arrow 30%

up arrow 4%


National Average
$67,000


Account Sales
up arrow 6%


Customer Relationship Management (CRM)
up arrow 11%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
19%
10-19 years
22%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 78%
vision benefits
Vision: 66%
dental benefits
None: 10%
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