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Marketing & Business Development Manager Salary

Marketing & Business Development Managers in the United States take home approximately $63K annually on average. Overall incomes of Marketing & Business Development Managers — including $22K bonuses, $17K profit sharing proceeds, and $40K commissions on the more lucrative end — generally ranges between $37K and $130K. Experience level is the biggest factor affecting pay for this group, followed by geography. Women make up a slight majority of Marketing & Business Development Managers (56 percent) survey respondents. Most report receiving medical coverage from their employers and the larger part collect dental insurance. Job satisfaction is high and work is enjoyable for most Marketing & Business Development Managers. The data for this synopsis comes from respondents who took the PayScale salary survey.

$37,690 - $115,560
(Median)
$38K
$63K
$120K
MEDIAN: $63,002
10%
50%
90%

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$11.61 - $39.27
(Median)
$12
$20
$39
MEDIAN: $20
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
$37,690 - $115,560  
   
Bonus
$0.00 - $22,014  
Profit Sharing
$400.00 - $16,583  
Commission
$0.00 - $39,548  
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).
)
$36,823 - $129,636  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 1,008
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
$11.61 - $39.27  
   
Overtime
$0.00 - $52.19  
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 - $22,014  
   
Commission
$0.00 - $39,548  
Profit Sharing
$400.00 - $16,583  
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).
)
$36,823 - $129,636  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 88

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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

  • Deliver high level support related to market intelligence to the sales and marketing teams.
  • Research, analyze and report on marketplace trends and competitors.
  • 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.

Common Career Paths for Marketing & Business Development Manager


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Though not the most common occurrence, Marketing & Business Development Managers sometimes become Business Development VPs, where the average income is $146K per year. A common career progression for a Marketing & Business Development Manager is to become a Business Development Director or a Marketing & Business Development Director. Compared to Marketing & Business Development Managers, the first group earns $48K more on average, and the second group earns $29K more.

Business Development Manager Job Listings

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Popular Skills for Marketing & Business Development Manager


Marketing & Business Development Managers report using a large range of skills on the job. Most notably, skills in Strategic Marketing, Product Marketing, Sales Management, and New Business Development are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Those listing Marketing Communications as a skill should be prepared for drastically lower pay. Web Marketing and Media / Public Relations also typically command lower compensation. The majority of those who know New Business Development also know Customer Relationship Management (CRM), Marketing Management, and Marketing Communications.

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. Salaries of relatively inexperienced workers fall in the neighborhood of $51K, but folks who have racked up five to 10 years see a notably higher median of $65K. People with 10 to 20 years of experience make an average of about $82K in this role. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $103K.

Pay Difference by Location


Dallas is home to an above-average pay rate for Marketing & Business Development Managers, 35 percent higher than the national average. Marketing & Business Development Managers can also look forward to large paychecks in cities like Boston (+27 percent), Phoenix (+24 percent), Chicago (+18 percent), and New York (+15 percent). Miami is home to the smallest salaries in the field, lagging the national average by 9 percent. Employers in Seattle and Atlanta also lean toward paying below-median salaries (6 percent lower and 5 percent lower, respectively).

Related Job Salaries

United States (change)

Experience Affects Marketing & Business Development Manager Salaries




National Average
$64,000


Skills That Affect Marketing & Business Development Manager Salaries





Strategic Planning
up arrow 3%

Market Research
up arrow 3%

Sales
up arrow 2%

National Average
$64,000

Proposal Writing
up arrow 1%

Microsoft Office
up arrow 2%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 288 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
29%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 53% employee benefits None: 18%