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.

$41,541 - $129,456
$42K
$65K
$130K
MEDIAN: $65,149
10%
50%
90%

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$11.70 - $48.48
$12
$20
$48
MEDIAN: $19.98
10%
50%
90%

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$0$257K
Salary $41,541 - $129,456
Bonus $986 - $49,068
Profit Sharing $-0.50 - $29,799
Commission $11,635 - $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).
)
$40,801 - $152,000
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 199
Hourly Data $0$48
Hourly Rate $11.70 - $48.48
Overtime $10.38
Annual Data $0$257K
Bonus $986 - $49,068
Commission $11,635 - $257,605
Profit Sharing $-0.50 - $29,799
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).
)
$40,801 - $152,000
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 13

Find Out Exactly What You Should Be Paid

United States (change)

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

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
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
Less than 1 year
3%
1-4 years
33%
5-9 years
17%
10-19 years
22%
20 years or more
25%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Officer Salaries

▲48%

▲12%

▲6%

National Average
$70,000

▼21%

Skills That Affect Business Development Officer Salaries

Business Development
▲26%

▲2%

National Average
$70,000



Account Sales
▼10%


Customer Relationship Management (CRM)
▼14%


Job Satisfaction

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

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
17%
10-19 years
22%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 76%
vision benefits
Vision: 68%
no benefits
None: 13%
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