Business Development Officer Salary

The average pay for a Business Development Officer is $61,043 per year. Experience has a moderate effect on salary for this job.

$38,099 - $113,619
(Median)
$38K
$61K
$110K
MEDIAN: $61,042
10%
50%
90%

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$12.72 - $32.68
(Median)
$13
$17
$33
MEDIAN: $17.00
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$70K$140K$210K
Salary
$38,099 - $113,619  
   
Bonus
$0.00 - $41,217  
Profit Sharing
$974 - $30,410  
Commission
$0.00 - $203,473  
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).
)
$39,049 - $132,928  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 280
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
$12.72 - $32.68  
   
Overtime
$33.00  
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
$0.00 - $41,217  
   
Commission
$0.00 - $203,473  
Profit Sharing
$974 - $30,410  
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).
)
$39,049 - $132,928  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 16
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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.

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.

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Experience Affects Business Development Officer Salaries




National Average
$65,000


Skills That Affect Business Development Officer Salaries

Sales
up arrow 3%

Windows Operating System General Use
up arrow 2%

Microsoft Excel
0%

National Average
$65,000

Microsoft Office
up arrow 4%


Customer Relationship Management (CRM)
up arrow 8%

Account Sales
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
4%
1-4 years
29%
5-9 years
27%
10-19 years
25%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
medical benefits
Vision: 62%
dental benefits
None: 12%
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