Regional Business Development Manager Salary

Regional Business Development Managers who are practiced in their profession and carry more than 10 years of experience make up approximately three in five of Regional Business Development Managers. Pay fluctuates from $52K to $136K per year, but expected earnings average $80K per year. Total cash compensation to Regional Business Development Managers approaches anywhere from $52K on the lower end to $136K on the higher end; in exceptional cases, this can include more than $30K from bonuses and upwards of $10K from profit sharing. Career duration and the particular city each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The majority of Regional Business Development Managers (65 percent) who took the survey are men. Work is enjoyable for Regional Business Development Managers, who typically claim high levels of job satisfaction.

$48,633 - $122,242
(Median)
$49K
$80K
$120K
MEDIAN: $80,381
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
$48,633 - $122,242  
   
Bonus
$1,178 - $29,979  
Profit Sharing
$394.53 - $10,332  
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).
)
$51,831 - $135,914  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 498
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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 Strategic Sales, Sales Management, Sales, and Business Development are correlated to pay that is above average, with boosts between 4 percent and 10 percent. 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

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Relatively untried employees who have less than five years' experience make $68K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $84K. Between one and two decades on the job, average salaries pass the six-figure mark at around $102K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $110K on average.

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 (+27 percent), Boston (+16 percent), Los Angeles (+16 percent), and Atlanta (+9 percent). Orlando is home to the smallest salaries in the field, lagging the national average by 11 percent.

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 4%

Business Development
0%

National Average
$91,000

Operations Management
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 81 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: 66% employee benefits None: 11%
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