Marketing & Business Development Manager Salary

The average Marketing & Business Development Manager in the United States earns approximately $62K per year. Final cash compensation to Marketing & Business Development Managers varies from around $38K to approximately $125K; choice pay grades include potential for bonuses and profit sharing as high as $21K and $15K, respectively. Career duration and the particular city each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Women Marketing & Business Development Managers who took the survey just slightly outnumber men. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The data in this summary comes from the PayScale salary survey.

$38,400 - $114,821
(Median)
$38K
$62K
$110K
MEDIAN: $62,123
10%
50%
90%

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$11.15 - $38.55
(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
$38,400 - $114,821  
   
Bonus
$0.00 - $21,122  
Profit Sharing
$385.41 - $14,950  
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).
)
$37,539 - $124,648  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 917
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
$11.15 - $38.55  
   
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 - $21,122  
   
Commission
$0.00 - $38,438  
Profit Sharing
$385.41 - $14,950  
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).
)
$37,539 - $124,648  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 81
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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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It's not very common for Marketing & Business Development Managers to move on to become Business Development VPs. Average pay for a Business Development VP is $145K annually. 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 $30K more per year.

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, Sales Management, and Strategic Planning are correlated to pay that is above average, with boosts between 7 percent and 9 percent. Skills that seem to negatively impact pay include Marketing Communications, Media / Public Relations, and Web Marketing. Most people 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Salaries for inexperienced workers average out to $64K, and those with five to 10 years' experience earn a higher median of $51K. For Marketing & Business Development Managers, 10 to 20 years of experience on the job amounts to an average salary of $80K. Professionals with more than two decades of experience behind them enjoy a prosperous six-figure median salary of $102K.

Pay Difference by Location


Home to some of the best pay for Marketing & Business Development Managers, San Jose offers exceptional salaries, 56 percent above the national average. Marketing & Business Development Managers will also find cushy salaries in Dallas (+34 percent), Boston (+26 percent), Phoenix (+25 percent), and Chicago (+15 percent). The lowest-paying market is Atlanta, which sits 17 percent below the national average. Workers in Miami and Los Angeles earn salaries that trail the national average for those in this profession (7 percent less and 3 percent less, 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





New Business Development
up arrow 4%

Market Research
up arrow 4%

Proposal Writing
up arrow 1%

National Average
$64,000

Sales
up arrow 1%

Microsoft Office
up arrow 4%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 225 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
29%
10-19 years
28%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 54% employee benefits None: 17%
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