Regional Business Development Manager Salary

Regional Business Development Managers in the United States tend to have a good amount of experience under their belt — just below three-fifths have more than 10 years in the field. While pay runs from $51K to $139K per year, median earnings come to $81K annually. Overall compensation packages to Regional Business Development Managers range from $51K on the low end to $139K on the high end; this includes bonuses that peak near $30K and profit sharing that approaches $8K, with some high rollers snagging commissions as high as $55K. Geography is the biggest factor affecting pay for this group, followed by career length. Job satisfaction is high and work is enjoyable for most Regional Business Development Managers. Men make up a slight majority of Regional Business Development Managers (58 percent) who responded to the survey. Most report receiving medical coverage from their employers and a strong majority collect dental insurance.

$49,303 - $127,177
$49K
$81K
$130K
MEDIAN: $80,881
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
$49,303 - $127,177  
   
Bonus
$2,027 - $30,231  
Profit Sharing
$0.00 - $7,698  
Commission
$5,034 - $54,631  
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).
)
$50,724 - $139,426  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 324
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
$2,027 - $30,231  
   
Commission
$5,034 - $54,631  
Profit Sharing
$0.00 - $7,698  
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).
)
$50,724 - $139,426  
Country: United States | Currency: USD | Updated: 18 Jan 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 $112K per year.

Regional Business Development Manager Job Listings

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Popular Skills for Regional Business Development Manager


Regional Business Development Managers report using a pretty varied skill set on the job. 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 26 percent, 11 percent, and 5 percent, respectively. At the other end of the pay range are skills like 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 does not seem to be a strong driver of pay increase in this role. The median compensation for relatively untried workers is $72K; in the five-to-10 year group, it's higher at around $85K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $101K. 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 $106K.

Pay Difference by Location

National Average: $88,254

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 can also look forward to large paychecks in cities like St. Louis (+30 percent), Chicago (+23 percent), Houston (+21 percent), and Miami (+21 percent). The lowest-paying market is Seattle, which sits 18 percent below the national average. Workers in New York and San Francisco earn less than others in this profession; their salaries fall short of the national average by 9 percent.

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
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
0%
1-4 years
19%
5-9 years
25%
10-19 years
32%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Regional Business Development Manager Salaries

▲20%

▲15%

National Average
$88,000

▼4%

▼18%

Skills That Affect Regional Business Development Manager Salaries

Strategic Planning
▲26%




Strategic Marketing
▲3%


▲2%

National Average
$88,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
0%
1-4 years
19%
5-9 years
25%
10-19 years
32%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 77%
vision benefits
Vision: 65%
dental benefits
None: 13%
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