Marketing & Business Development Manager Salary

For Marketing & Business Development Managers, yearly average wages total $64K annually. Total cash earnings of Marketing & Business Development Managers range from $37K on the low end to $124K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $24K and $12K, respectively. Career duration is the biggest factor affecting pay for this group, followed by geography. For the most part, Marketing & Business Development Managers enjoy their work and report high levels of job satisfaction. Health benefits are not claimed by all — about one in five lack any form of coverage — but a strong majority have medical insurance, and the larger part have dental, too. The data for this synopsis comes from respondents who took the PayScale salary survey.

$39,825 - $118,195
$40K
$64K
$120K
MEDIAN: $64,026
10%
50%
90%

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$14.09 - $31.65
$14
$19
$32
MEDIAN: $18.68
10%
50%
90%

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$0$124K
Salary $39,825 - $118,195
Bonus $510 - $24,429
Profit Sharing $481.77 - $12,108
Commission $496.65 - $48,936
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).
)
$36,677 - $124,148
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 637
Hourly Data $0$49
Hourly Rate $14.09 - $31.65
Overtime $19.63 - $49.66
Annual Data $0$124K
Bonus $510 - $24,429
Commission $496.65 - $48,936
Profit Sharing $481.77 - $12,108
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).
)
$36,677 - $124,148
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 80

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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 who advance into the role of a Business Development VP are fairly uncommon. Business Development VPs on average earn $147K per year. Marketing & Business Development Managers most often move into positions as Business Development Directors or Marketing & Business Development Directors; those groups report median salaries that are $48K higher and $28K higher, respectively.

Marketing & Business Development Manager Job Listings

Popular Skills for Marketing & Business Development Manager


Survey takers working as Marketing & Business Development Managers report using a large range of professional skills. Most notably, skills in Strategic Planning, Product Marketing, Strategic Marketing, and Sales are correlated to pay that is above average, with boosts between 5 percent and 10 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 proficient in New Business Development are, more often than not, also skilled in Customer Relationship Management (CRM) and Marketing Management.

Pay by Experience Level for Marketing & Business Development Manager

Pay by Experience for a Marketing & Business Development Manager has a positive trend. An entry-level Marketing & Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 302 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Marketing & Business Development Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $69,000 based on 251 salaries. An experienced Marketing & Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $86,000 based on 196 salaries. A Marketing & Business Development Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $104,000 based on 77 salaries.

Pay Difference by Location

National Average: $64,563

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

Houston offers some of the highest pay in the country for Marketing & Business Development Managers, 53 percent above the national average. Marketing & Business Development Managers can also look forward to large paychecks in cities like Chicago (+36 percent), San Francisco (+36 percent), Atlanta (+32 percent), and Philadelphia (+28 percent). The smallest paychecks in the market, 19 percent south of the national average, can be found in Denver. Employers also pay below the national average in Miami (19 percent lower) and Minneapolis (10 percent lower).

Marketing & Business Development Manager Reviews

Q: What is it like working as a Marketing & Business Development Manager?

Marketing & Business Development Manager in Washington:
"Varied."
Pros: You get to do a lot of different things.
Cons: Jack of all trades, master of none. Coworkers get confused about your role.

Related Job Salaries

Key Stats for Marketing & Business Development Manager

Gender

Female
60 %
Male
40 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 141 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
29%
10-19 years
26%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Marketing & Business Development Manager Salaries

▲62%

▲33%

▲8%

National Average
$65,000

▼15%

Skills That Affect Marketing & Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 141 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
29%
10-19 years
26%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 69%
vision benefits
Vision: 58%
no benefits
None: 20%
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