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Business Development Officer Salary (United States)

The average pay for a Business Development Officer is $59,121 per year. Experience has a moderate effect on salary for this job.
Business Development Officer Salary (?
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.
)
$37,270 - $107,817
(Median)
37K
59K
81K
110K
MEDIAN: $59,121
10%
50%
75%
90%
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Business Development Officer Salary (?
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.
)
$11.50 - $81.75
(Median)
12
82
MEDIAN: $18.00
10%
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
$37,270 - $107,817  
   
Bonus
$0.00 - $31,172  
Profit Sharing
$979 - $20,426  
Commission
$0.00 - $61,825  
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).
)
$39,087 - $127,753  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 258
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$28$56$84
Hourly Rate
$11.50 - $81.75  
   
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$60K$120K$180K
Bonus
$0.00 - $31,172  
   
Commission
$0.00 - $61,825  
Profit Sharing
$979 - $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).
)
$39,087 - $127,753  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 14
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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.

Pay Difference By Location

San Francisco
up arrow 125%
Los Angeles
up arrow 14%
National Average
$62,000
Washington
up arrow 7%
San Diego
up arrow 19%
Larger circles over a city indicate a job is popular in that location.

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Experience Affects Business Development Officer Salaries

National Average
$62,000

Skills That Affect Business Development Officer Salaries

Microsoft Excel
up arrow 4%
Microsoft Word
up arrow 1%
Microsoft Office
0%
Windows Operating System General Use
0%
National Average
$62,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 54 votes.

Gender

Female
46%
female alumni
 
Male
54%
male alumni

Years of Experience

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

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 74%
vision benefits Vision: 57% employee benefits None: 13%