Slightly less than three-fifths of Regional Business Development Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $51K to $140K per year, and the average comes out to $81K annually. Total cash compensation to Regional Business Development Managers approaches anywhere from $51K on the lower end to $140K on the higher end; in exceptional cases, this can include more than $30K from bonuses and upwards of $5K from profit sharing. Location is the biggest factor affecting pay for this group, followed by experience level. The majority of workers are highly satisfied with their job. Medical benefits are awarded to most, and a strong majority earn dental coverage. The majority of Regional Business Development Managers (62 percent) survey respondents are male.

$48,891 - $127,936
(Median)
$49K
$81K
$130K
MEDIAN: $80,886
10%
50%
90%

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$15.26 - $36.94
(Median)
$
$21
$
MEDIAN: $21.00
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
$48,891 - $127,936  
   
Bonus
$1,982 - $30,316  
Profit Sharing
$0.00 - $5,206  
Commission
$3,064 - $44,042  
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).
)
$50,636 - $140,402  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 341
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  
   
Overtime
$0.00  
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
$1,982 - $30,316  
   
Commission
$3,064 - $44,042  
Profit Sharing
$0.00 - $5,206  
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).
)
$50,636 - $140,402  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 8
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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.

Common Career Paths for Regional Business Development Manager


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Advancing into a Business Development Director role seems to be a popular career move for Regional Business Development Managers, and folks who currently work in the latter position report a notably larger median income of $112K per year.

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Popular Skills for Regional Business Development Manager


Survey results suggest that Regional Business Development Managers use a fairly large toolkit of professional skills. 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 28 percent, 12 percent, and 6 percent, respectively. Skills that pay less than market rate include Operations Management and Strategic Marketing. 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.


Regional Business Development Managers generally obtain higher compensation for more plentiful past experience. Average salaries for inexperienced employees average out to around $70K, but folks who have five to 10 years of experience earn a higher median of $84K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $102K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $108K.

Pay Difference by Location

National Average: $87,374

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

Philadelphia is home to an above-average pay rate for Regional Business Development Managers, 37 percent higher than the national average. Regional Business Development Managers can also look forward to large paychecks in cities like St. Louis (+31 percent), Chicago (+22 percent), Houston (+17 percent), and Dallas (+15 percent). The smallest paychecks in the market, 20 percent south of the national average, can be found in Boston. Employers also pay below the national average in Seattle (9 percent lower) and New York (8 percent lower).

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.

Related Job Salaries

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Experience Affects Regional Business Development Manager Salaries



National Average
$87,000



Skills That Affect Regional Business Development Manager Salaries

Strategic Planning
up arrow 28%



Sales
up arrow 2%

Business Development
up arrow 1%

Sales Management
up arrow 1%

National Average
$87,000

Strategic Marketing
up arrow 7%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
0%
1-4 years
19%
5-9 years
25%
10-19 years
31%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 76%
medical benefits
Vision: 65%
dental benefits
None: 14%
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