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Marketing & Business Development Manager Salary

The average Marketing & Business Development Manager in the United States earns approximately $63K per year. With some bonuses approaching $22K and certain profit sharing proceeds approaching $15K, overall incomes of Marketing & Business Development Managers spread between $37K and $127K depending on individual performance. Career length and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Women Marketing & Business Development Managers who took the survey just slightly outnumber men. The data in this summary comes from the PayScale salary survey.

$38,176 - $114,299
(Median)
$38K
$63K
$110K
MEDIAN: $62,683
10%
50%
90%

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$11.23 - $39.05
(Median)
$11
$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
$38,176 - $114,299  
   
Bonus
$0.00 - $21,632  
Profit Sharing
$395.94 - $15,152  
Commission
$0.00 - $38,438  
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).
)
$37,483 - $126,547  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 955
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
$11.23 - $39.05  
   
Overtime
$0.00 - $51.68  
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 - $21,632  
   
Commission
$0.00 - $38,438  
Profit Sharing
$395.94 - $15,152  
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).
)
$37,483 - $126,547  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 82
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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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Marketing & Business Development Managers do not often transition into Business Development VP roles. The role averages $146K per year. Marketing & Business Development Managers typically move into roles as Business Development Directors or Marketing & Business Development Directors, and those positions pay $48K more and $30K more, respectively.

Business Development Manager Job Listings

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Popular Skills for Marketing & Business Development Manager


Marketing & Business Development Managers seem to require a rather large skill set. Most notably, skills in Strategic Marketing, Product Marketing, Strategic Planning, and New Business Development are correlated to pay that is above average, with boosts between 6 percent and 11 percent. At the other end of the pay range are skills like Marketing Communications, Media / Public Relations, and Web Marketing. Employees educated in Customer Relationship Management are typically practiced in New Business Development, too.

Pay by Experience Level for Marketing & Business Development Manager

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


For many Marketing & Business Development Managers, more experience generally translates to higher pay. Salaries for the relatively untried average out to around $51K, but survey participants with five to 10 years of experience earn a significantly higher median of $65K. People with 10 to 20 years of experience make an average of about $81K in this role. Marketing & Business Development Managers who have spent more than 20 years on the job report earning a significantly higher median of $103K.

Pay Difference by Location


Surpassing the national average by 31 percent, Marketing & Business Development Managers in Boston receive some of the highest pay in the country. Marketing & Business Development Managers will also find cushy salaries in Dallas (+31 percent), Phoenix (+24 percent), Chicago (+16 percent), and New York (+13 percent). Marketing & Business Development Managers' salaries are heavily influenced by location — Marketing & Business Development Managers in Atlanta bring in salaries that are 20 percent lower than the national average. Employers in Miami and Los Angeles also lean toward paying below-median salaries (8 percent lower and 4 percent lower, respectively).

Related Job Salaries

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Experience Affects Marketing & Business Development Manager Salaries




National Average
$64,000


Skills That Affect Marketing & Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 251 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
30%
10-19 years
27%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 53% employee benefits None: 17%
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