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Business Development Officer Salary

The average pay for a Business Development Officer is $59,751 per year. Experience has a moderate effect on salary for this job.

$36,917 - $112,272
(Median)
$37K
$60K
$110K
MEDIAN: $59,751
10%
50%
90%

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$12.60 - $39.67
(Median)
$13
$18
$40
MEDIAN: $18.00
10%
50%
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$50K$100K$150K
Salary
$36,917 - $112,272  
   
Bonus
$0.00 - $38,000  
Profit Sharing
$970 - $20,426  
Commission
$0.00 - $96,958  
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).
)
$39,094 - $131,531  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 260
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$25$50$75
Hourly Rate
$12.60 - $39.67  
   
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$50K$100K$150K
Bonus
$0.00 - $38,000  
   
Commission
$0.00 - $96,958  
Profit Sharing
$970 - $20,426  
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).
)
$39,094 - $131,531  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 15

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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.

Related Job Salaries

United States (change)

Experience Affects Business Development Officer Salaries




National Average
$63,000


Skills That Affect Business Development Officer Salaries


Windows Operating System General Use
up arrow 1%

Microsoft Word
0%

National Average
$63,000

Microsoft Office
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
3%
1-4 years
28%
5-9 years
29%
10-19 years
27%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 76%
vision benefits Vision: 61% employee benefits None: 12%