Regional Business Development Manager Salary

Regional Business Development Managers in the United States tend to be well-versed in their field, and nearly three in five have more than 10 years of experience. Average salary is expected to be around $80K annually, but may range from $51K to $136K per year. With bonuses occasionally running north of $30K, profit sharing proceeds sometimes surpassing $10K, and a few commissions as high as $39K, total income for Regional Business Development Managers can range between $51K and $136K according to individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. More than half of Regional Business Development Managers (64 percent) survey respondents are men. Job satisfaction is reported as high by the vast majority of workers. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Respondents to the PayScale salary survey provided the data for this report.

$48,482 - $122,416

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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
$48,482 - $122,416  
   
Bonus
$1,181 - $30,090  
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).
)
$51,420 - $136,042  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 500
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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


Typical Regional Business Development Managers report a focused set of job skills. Most notably, skills in Sales Management, Strategic Sales, Sales, and Business Development are correlated to pay that is above average, with boosts between 4 percent and 9 percent. Skills that seem to negatively impact pay include Operations Management. The majority of those who know 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.


For many Regional Business Development Managers, more experience generally translates to higher pay. 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 — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $102K on average. People who have worked for more than 20 years report a median income of $109K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


With a pay rate for Regional Business Development Managers that is 27 percent greater than the national average, St. Louis offers a comfortable salary for those in this profession. Regional Business Development Managers can also look forward to large paychecks in cities like Houston (+20 percent), Los Angeles (+16 percent), Dallas (+10 percent), and Atlanta (+8 percent). Trailing the national average by 10 percent, Seattle is the market with the smallest paychecks.

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 78 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
34%
20 years or more
26%

Common Health Benefits

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