Regional Business Development Manager Salary

Regional Business Development Managers in the United States tend to have a good amount of experience under their belt — close to three-fifths have more than 10 years in the field. While pay runs from $52K to $136K per year, median earnings come to $80K per year. Total cash incomes of Regional Business Development Managers run from $52K to $136K, depending on bonuses that can occasionally exceed $30K, profit sharing that reaches $10K, and some commissions of nearly $39K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. The majority of Regional Business Development Managers (65 percent) survey respondents are male. Most Regional Business Development Managers like their work and job satisfaction is high. A large number report receiving medical coverage from their employers and a fair number collect dental insurance.

$48,582 - $122,397
(Median)
$49K
$80K
$120K
MEDIAN: $80,165
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
$48,582 - $122,397  
   
Bonus
$1,177 - $30,063  
Profit Sharing
$397.32 - $10,304  
Commission
$0.00 - $38,541  
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).
)
$51,623 - $136,010  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 501
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Job Description for Regional Business Development Manager

Regional business development managers conduct analyses of past, present, and future performance to create projections, planning, and growth models. Regional business development manager are often responsible for seeking potential business opportunities, which requires a good eye for detail, analysis, and judgment. The manager may also supervise, or interact with, teams in their organization such as marketing, research and development, and advertising.

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Regional Business Development Manager Tasks

  • Monitor, track, and report on competitive intelligence and market trends and outlook.
  • Identify priorities for product development and work with internal teams to align those products with existing capabilities.
  • Communicate with clients to identify unmet needs, analyze services and improve outcomes.
  • Supervise a team to expand revenue and reach while maintaining current business offerings.
  • Collaborate internally and externally to meet demonstrated long- and short-term market needs.

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Popular Skills for Regional Business Development Manager


Survey takers who work as Regional Business Development Managers report a focused set of job skills. Most notably, skills in Strategic Sales, Sales Management, Sales, and Business Development are correlated to pay that is above average, with boosts between 4 percent and 10 percent. Skills that pay less than market rate include Operations Management. Most people familiar with Business Development also know Sales.

Pay by Experience Level for Regional Business Development Manager

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


Experience is an important factor influencing the compensation of Regional Business Development Managers. The average worker who claims fewer than five years of experience earns around $68K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $84K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $102K. Regional Business Development Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $110K.

Pay Difference by Location


For those looking to make money, Regional Business Development Managers in Houston enjoy an exceptional pay rate, 33 percent above the national average. Regional Business Development Managers will also find cushy salaries in St. Louis (+27 percent), Los Angeles (+16 percent), Dallas (+9 percent), and Atlanta (+8 percent). Orlando is the lowest-paying area, 10 percent south of the national average.

Regional Business Development Manager Reviews

What is it like working as a Regional Business Development Manager?

Regional Business Development Manager in Indianapolis:
"Business Development Manager."
Pros: I love the flexibility and freedom to make most our choices around the businesses we staff for and where we spend most of our time.
Cons: Pay is lower than what I am use to.

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Experience Affects Regional Business Development Manager Salaries



National Average
$90,000



Skills That Affect Regional Business Development Manager Salaries



Sales
up arrow 4%

Business Development
0%

National Average
$90,000

Operations Management
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 79 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
0%
1-4 years
14%
5-9 years
26%
10-19 years
35%
20 years or more
25%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 11%
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