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Regional Business Development Manager Salary

With nearly three in five of Regional Business Development Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Regional Business Development Managers is $80K per year and can range from $52K on the lower end to $136K per year near the higher end. Bonuses, profit sharing, and commission all factor into final incomes for Regional Business Development Managers. Ranging between $52K near the bottom and $136K near the top, total earnings can include up to $30K from bonuses and up to $10K from profit sharing, with a high-performing minority reaping commissions of $30K. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Work is enjoyable for Regional Business Development Managers, who typically claim high levels of job satisfaction. The majority of Regional Business Development Managers (64 percent) who took the survey are men. A large number report receiving medical coverage from their employers and a fair number collect dental insurance.

$48,565 - $121,967
(Median)
$49K
$80K
$120K
MEDIAN: $79,501
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
$48,565 - $121,967  
   
Bonus
$1,150 - $29,811  
Profit Sharing
$391.49 - $10,365  
Commission
$0.00 - $30,498  
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).
)
$52,144 - $136,234  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 503

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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.
  • Report the results of analyses, predictions for future business, and recommended action to upper management.
  • Represent the company in negotiations and contract finalization with business partners.
  • Assess potential business partnerships to determine which options are of the most benefit to the company.
  • Work within a region of a company’s operation to evaluate opportunities for expansion.
  • Analyze data on past and present sales to make predictions about the best options for future growth.

Regional Business Development Manager Job Listings

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Popular Skills for Regional Business Development Manager


Survey results imply that Regional Business Development Managers put a diverse skill set to use. Most notably, skills in Strategic Sales, Sales Management, Sales, and Business Development are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Skills that pay less than market rate include Operations Management. Those familiar with Business Development also tend to know Sales.

Pay by Experience Level for Regional Business Development Manager

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


Regional Business Development Managers with a rich background of experience are typically rewarded with larger paychecks. Relatively untried employees who have less than five years' experience make $67K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $85K. Between one and two decades on the job, average salaries pass the six-figure mark at around $101K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $108K on average.

Pay Difference by Location


Houston offers some of the highest pay in the country for Regional Business Development Managers, 40 percent above the national average. Regional Business Development Managers will also find cushy salaries in St. Louis (+27 percent), Los Angeles (+16 percent), Atlanta (+12 percent), and New York (+6 percent). The smallest paychecks in the market, 12 percent south of the national average, can be found in Boston. Orlando and Seattle are a couple other places where companies are known to pay below the median — salaries are 10 percent lower and 9 percent lower, respectively.

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.

Related Job Salaries

United States (change)

Experience Affects Regional Business Development Manager Salaries



National Average
$90,000



Skills That Affect Regional Business Development Manager Salaries



up arrow 5%

Business Development
up arrow 1%

National Average
$90,000

Operations Management
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
0%
1-4 years
14%
5-9 years
26%
10-19 years
36%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 10%