Regional Business Development Manager Salary

Regional Business Development Managers in the United States with more than 10 years of experience in their profession represent just under three-fifths of Regional Business Development Managers. Salaries average out to around $81K annually and spread from $52K to $143K per year. In the world of Regional Business Development Managers, overall cash earnings stretch from $52K near the bottom to $143K near the top; these packages encompass bonuses that run close to $31K and profit sharing that can (albeit rarely) exceed $22K, along with commissions approaching $55K. Geographic location is the biggest factor affecting pay for this group, followed by career length. Men working as Regional Business Development Managers who took the survey just slightly outnumber women at 56 percent. Most Regional Business Development Managers report high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$51,720 - $129,872
$52K
$81K
$130K
MEDIAN: $81,165
10%
50%
90%

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$15.10 - $51.65
$15
$20
$52
MEDIAN: $19.82
10%
50%
90%

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$0$142K
Salary $51,720 - $129,872
Bonus $1,973 - $30,598
Profit Sharing $0.00 - $22,000
Commission $7,748 - $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).
)
$51,827 - $142,792
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 324
Hourly Data $0$51
Hourly Rate $15.10 - $51.65
Annual Data $0$142K
Bonus $1,973 - $30,598
Commission $7,748 - $55,369
Profit Sharing $0.00 - $22,000
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).
)
$51,827 - $142,792
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 10

Find Out Exactly What You Should Be Paid

United States (change)

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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Many Regional Business Development Managers move into a Business Development Director role, and folks who currently hold that position report a much higher median income of $113K per year.

Regional Business Development Manager Job Listings

Popular Skills for Regional Business Development Manager


Overall, survey participants reported applying a fair number of skills 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 26 percent, 10 percent, and 5 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Operations Management. Those familiar with Business Development also tend to 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: $88,147

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

Surpassing the national average by 36 percent, Regional Business Development Managers in Philadelphia receive some of the highest pay in the country. Regional Business Development Managers can also look forward to large paychecks in cities like St. Louis (+30 percent), Miami (+23 percent), Boston (+19 percent), and Chicago (+18 percent). With compensation 18 percent below the national average, Seattle is not known for hefty paychecks and actually represents the lowest-paying market. Below-median salaries also turn up in San Francisco and Orlando (9 percent lower and 8 percent lower, 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
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.
1-4 years
20%
5-9 years
23%
10-19 years
34%
20 years or more
24%
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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
▲26%



▲3%

Strategic Marketing
▲3%


Business Development
▼0%

National Average
$88,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

1-4 years
20%
5-9 years
23%
10-19 years
34%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 78%
vision benefits
Vision: 67%
no benefits
None: 13%
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