Marketing & Business Development Manager Salary

Marketing & Business Development Managers in the United States can expect to earn an average of $62K annually. Total cash compensation for Marketing & Business Development Managers runs from $38K to $125K depending on bonuses that can occasionally exceed $21K and profit sharing that can reach almost $15K. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and the greater part earn dental coverage. Work is enjoyable for Marketing & Business Development Managers, who typically claim high levels of job satisfaction. Women make up a slight majority of Marketing & Business Development Managers (56 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$38,399 - $115,390
(Median)
$38K
$62K
$120K
MEDIAN: $62,280
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
$38,399 - $115,390  
   
Bonus
$0.00 - $21,443  
Profit Sharing
$387.83 - $14,899  
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).
)
$37,501 - $125,205  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 908
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 - $51.92  
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 - $21,443  
   
Commission
$0.00 - $38,438  
Profit Sharing
$387.83 - $14,899  
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).
)
$37,501 - $125,205  
Country: United States | Currency: USD | Updated: 2 Jul 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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Marketing & Business Development Managers who advance into the role of a Business Development VP are fairly uncommon. Business Development VPs on average earn $145K per year. Marketing & Business Development Managers moving up in their careers tend to step into positions as Business Development Directors or Marketing & Business Development Directors. The median paychecks in those roles are $48K higher and $29K higher, respectively.

Business Development Manager Job Listings

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Popular Skills for Marketing & Business Development Manager


Marketing & Business Development Managers seem to wield many skills on the job. Most notably, skills in Strategic Marketing, Product Marketing, Sales Management, and Strategic Planning are correlated to pay that is above average, with boosts between 6 percent and 8 percent. Skills that pay less than market rate include Marketing Communications, Web Marketing, and Media / Public Relations. Most people experienced in 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. The median compensation for relatively untried workers is $51K; in the five-to-10 year group, it's higher at around $64K. For Marketing & Business Development Managers, 10 to 20 years of experience on the job amounts to an average salary of $80K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $103K.

Pay Difference by Location


Dallas offers some of the highest pay in the country for Marketing & Business Development Managers, 31 percent above the national average. Marketing & Business Development Managers can also look forward to large paychecks in cities like Boston (+29 percent), Phoenix (+25 percent), Philadelphia (+17 percent), and Chicago (+15 percent). Atlanta ranks last in the field for pay, reporting salaries 11 percent below the national average. Not at the bottom but still paying below the median are employers in Miami and Los Angeles (8 percent lower and 3 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





New Business Development
up arrow 4%

Market Research
up arrow 3%

Proposal Writing
up arrow 1%

National Average
$64,000

Sales
up arrow 1%








Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 217 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
27%
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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