Marketing & Business Development Manager Salary

Earnings for Marketing & Business Development Managers in the United States come in at around $64K per year on average. The range in cash compensation to Marketing & Business Development Managers (largely between $38K and $128K) includes potential earnings of $25K from bonuses, $12K from profit sharing, and commissions of $49K in exceptional cases. Experience level and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Marketing & Business Development Managers enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Women make up a slight majority of Marketing & Business Development Managers (57 percent) survey respondents. Participants in PayScale's salary questionnaire provided the particulars of this report.

$40,260 - $121,150
$40K
$64K
$120K
MEDIAN: $64,171
10%
50%
90%

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$14.13 - $30.96
$14
$19
$31
MEDIAN: $18.93
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$50K$100K$150K
Salary
$40,260 - $121,150  
   
Bonus
$800 - $24,906  
Profit Sharing
$494.93 - $12,224  
Commission
$262.50 - $49,435  
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).
)
$37,576 - $128,312  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 596
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$25$50$75
Hourly Rate
$14.13 - $30.96  
   
Overtime
$20.55 - $50.34  
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$50K$100K$150K
Bonus
$800 - $24,906  
   
Commission
$262.50 - $49,435  
Profit Sharing
$494.93 - $12,224  
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).
)
$37,576 - $128,312  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 66

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United States (change)

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Job Description for Marketing & Business Development Manager

Marketing and business development managers are in charge of market research and advertising for their company. They are in charge of the "public face" of the company, which includes the website, emails to clients, and social media sites.

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Marketing & Business Development Manager Tasks

  • Research market size, market trends and statistics relative to market expansion opportunities.
  • Support new initiatives with research, analysis, writing, the development of electronic collateral and Power Point presentations.
  • Deliver high level support related to market intelligence to the sales and marketing teams.
  • Research, analyze and report on marketplace trends and competitors.

Common Career Paths for Marketing & Business Development Manager


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Marketing & Business Development Managers sometimes assume positions such as Business Development VPs. That role pays $147K per year on average. The most common next step for a Marketing & Business Development Manager is to become a Business Development Director or a Marketing & Business Development Director. The former position pays an additional $48K per year on average, and the latter position pays $27K more per year.

Business Development Manager Job Listings

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Popular Skills for Marketing & Business Development Manager


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Strategic Planning, Product Marketing, Strategic Marketing, and Sales are correlated to pay that is above average, with boosts between 4 percent and 9 percent. Those listing Media / Public Relations as a skill should be prepared for drastically lower pay. Social Media Marketing and Marketing Communications also typically command lower compensation. Those familiar with New Business Development also tend to know Customer Relationship Management (CRM) and Marketing Management.

Pay by Experience Level for Marketing & Business Development Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Marketing & Business Development Managers with a lot of experience tend to enjoy higher earnings. The average worker who claims fewer than five years of experience earns around $55K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $69K. People with 10 to 20 years of experience make an average of about $86K in this role. Marketing & Business Development Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $104K.

Pay Difference by Location

National Average: $65,038

Larger city markers indicate a job is popular in that location.

For those looking to make money, Marketing & Business Development Managers in Houston enjoy an exceptional pay rate, 52 percent above the national average. Marketing & Business Development Managers will also find cushy salaries in Chicago (+35 percent), San Francisco (+35 percent), Atlanta (+31 percent), and Philadelphia (+27 percent). Falling short of the national average by 20 percent, the area with the worst salaries is Denver. Not at the bottom but still paying below the median are employers in Miami and Minneapolis (19 percent lower and 10 percent lower, respectively).

Related Job Salaries

Key Stats for Marketing & Business Development Manager

Gender

Female
57 %
Male
43 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
30%
10-19 years
26%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Marketing & Business Development Manager Salaries

▲61%

▲32%

▲7%

National Average
$65,000

▼16%

Skills That Affect Marketing & Business Development Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
30%
10-19 years
26%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 71%
vision benefits
Vision: 58%
dental benefits
None: 18%
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