Regional Business Development Manager Salary

With slightly less than three-fifths 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 $81K per year and can range from $51K on the lower end to $140K per year near the higher end. With bonuses occasionally running north of $30K, profit sharing proceeds sometimes surpassing $5K, and a few commissions as high as $55K, total income for Regional Business Development Managers can range between $51K and $140K according to individual performance. Location and years of experience each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Regional Business Development Managers. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. The numbers in this rundown were provided by PayScale's salary survey participants.

$50,162 - $128,844
$50K
$81K
$130K
MEDIAN: $80,742
10%
50%
90%

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$18.06 - $36.94
$21
MEDIAN: $21.41
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$50,162 - $128,844  
   
Bonus
$2,078 - $30,473  
Profit Sharing
$0.00 - $5,215  
Commission
$4,966 - $55,369  
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).
)
$50,605 - $140,094  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 303
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$21.41  
   
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$2,078 - $30,473  
   
Commission
$4,966 - $55,369  
Profit Sharing
$0.00 - $5,215  
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).
)
$50,605 - $140,094  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 8

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United States (change)

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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

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

Common Career Paths for Regional Business Development Manager


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Regional Business Development Managers who move on to become Business Development Directors may enjoy significant pay raises, as Business Development Directors get paid an average of $113K per year.

Regional Business Development Manager Job Listings

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Popular Skills for Regional Business Development Manager


Regional Business Development Managers generally report applying a varied skill set to their work. Most notably, facility with Strategic Planning, Strategic Sales, and New Business Development are correlated to pay that is significantly above average, leading to increases of 27 percent, 10 percent, and 5 percent, respectively. Skills that seem to negatively impact pay include Operations Management. Most people who know Business Development also know Sales.

Pay by Experience Level for Regional Business Development Manager

Pay by Experience for a Regional Business Development Manager has a positive trend. An entry-level Regional Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 86 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regional 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 $84,000 based on 106 salaries. An experienced Regional Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $101,000 based on 124 salaries. A Regional 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 $108,000 based on 76 salaries.

Pay Difference by Location

National Average: $88,013

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

For Regional Business Development Managers, working in the bustling city of Philadelphia has its advantages, including an above-average pay rate. Regional Business Development Managers will also find cushy salaries in St. Louis (+30 percent), Miami (+23 percent), Boston (+19 percent), and Chicago (+18 percent). Seattle is home to the smallest salaries in the field, lagging the national average by 18 percent. Workers in San Francisco and Orlando earn salaries that trail the national average for those in this profession (9 percent less and 8 percent less, respectively).

Regional Business Development Manager Reviews

Q: 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

Key Stats for Regional Business Development Manager

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
1-4 years
19%
5-9 years
24%
10-19 years
32%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Regional Business Development Manager Salaries

▲22%

▲15%

National Average
$88,000

▼4%

▼19%

Skills That Affect Regional Business Development Manager Salaries

Strategic Planning
▲27%



▲3%

Strategic Marketing
▲3%


Business Development
▼0%

National Average
$88,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

1-4 years
19%
5-9 years
24%
10-19 years
32%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 66%
no benefits
None: 12%