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Regional Business Development Manager Salary

With approximately 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 $53K on the lower end to $136K per year near the higher end. In the world of Regional Business Development Managers, overall income ranges from $53K near the bottom to $136K at the top; this can include more than $30K from bonuses and more than $11K from profit sharing in exceptional cases. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. There are more male Regional Business Development Managers than female among those who completed the questionnaire, making up 65 percent.

$48,647 - $122,170
(Median)
$49K
$80K
$120K
MEDIAN: $80,134
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
$48,647 - $122,170  
   
Bonus
$1,163 - $29,844  
Profit Sharing
$800 - $11,000  
Commission
$0.00 - $30,521  
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).
)
$52,532 - $136,066  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 499
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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 takers who work as Regional Business Development Managers usually report a few specific skills. Most notably, skills in Strategic Sales, Sales Management, Sales, and Business Development are correlated to pay that is above average, with boosts between 3 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Operations Management. Most people skilled in Business Development are similarly competent in Sales.

Pay by Experience Level for Regional Business Development Manager

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


Experience is an important factor influencing the compensation of Regional Business Development Managers. Salaries for the relatively untried average out to around $68K, but survey participants with five to 10 years of experience earn a significantly higher median of $85K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $102K. 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


For Regional Business Development Managers, working in the bustling city of Houston has its advantages, including an above-average pay rate. Regional Business Development Managers will also find cushy salaries in St. Louis (+26 percent), Los Angeles (+14 percent), Atlanta (+9 percent), and Chicago (+7 percent). The lowest-paying market is Orlando, which sits 11 percent below the national average. Seattle and Boston are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 3 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.

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Experience Affects Regional Business Development Manager Salaries



National Average
$91,000



Skills That Affect Regional Business Development Manager Salaries



Sales
up arrow 3%

Business Development
up arrow 1%

National Average
$91,000

Operations Management
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 87 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
0%
1-4 years
13%
5-9 years
26%
10-19 years
35%
20 years or more
25%

Common Health Benefits

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