Senior Business Development Manager Salary

The median salary for Senior Business Development Managers in the United States is approximately $110K per year, but employers pay the most in Reston, offering around $200K on average. Senior Business Development Managers will also find cushy salaries in Mountain View (+47 percent), San Jose (+24 percent), San Francisco (+21 percent), and Houston (+18 percent). The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$63,629 - $156,408
$64K
$110K
$160K
MEDIAN: $110,219
10%
50%
90%

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$16.83 - $53.26
$17
$25
$53
MEDIAN: $25.43
10%
50%
90%

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$0$175K
Salary $63,629 - $156,408
Bonus $3,048 - $39,410
Profit Sharing $986 - $20,511
Commission $4,818 - $56,673
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).
)
$70,233 - $175,788
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 469
Hourly Data $0$53
Hourly Rate $16.83 - $53.26
Overtime $35.43
Annual Data $0$175K
Bonus $3,048 - $39,410
Commission $4,818 - $56,673
Profit Sharing $986 - $20,511
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).
)
$70,233 - $175,788
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 11

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Senior Business Development Manager

A senior business development manager is primarily responsible for creating and maintaining strong relationships and making business decisions. A senior business development manager is very similar to a business manager, and this position exists in a variety of industries.

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Senior Business Development Manager Tasks

  • Research, locate, define and target key business prospects.
  • Work with customers to provide feedback to development teams for new content and products.
  • Establish and nurture relationships that fill business pipeline with prospective partners and customers.
  • Negotiate new partnerships and business alliances; work closely with legal experts to write contracts for new business partners.
  • Create business development strategies; identify roadblocks and drive new business from conception through closure.

Common Career Paths for Senior Business Development Manager


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For Senior Business Development Managers, career advancements do not tend to correlate with a rise in salary. On average, lower-level Senior Business Development Managers earn similar salaries to those in higher-end positions like Business Development Director.

Senior Business Development Manager Job Listings

Popular Employer Salaries for Senior Business Development Manager


Popular Skills for Senior Business Development Manager


Senior Business Development Managers report using a deep pool of skills on the job. Most notably, facility with Strategic Partners, Strategic Planning, and Business Development are correlated to pay that is significantly above average, leading to increases of 75 percent, 23 percent, and 16 percent, respectively. Those listing Proposal Writing as a skill should be prepared for drastically lower pay. Marketing Communications and Customer Relationship Management also typically command lower compensation. Those proficient in Account Management are, more often than not, also skilled in Technical Sales and Business Development.

Pay by Experience Level for Senior Business Development Manager

Pay by Experience for a Senior Business Development Manager has a positive trend. An entry-level Senior Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 96 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 $116,000 based on 200 salaries. An experienced Senior Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $131,000 based on 215 salaries. A Senior 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 $135,000 based on 113 salaries.

Pay Difference by Location

National Average: $123,230

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

Related Job Salaries

Key Stats for Senior Business Development Manager

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.
1-4 years
13%
5-9 years
29%
10-19 years
34%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Business Development Manager Salaries

▲10%

▲6%

National Average
$123,000

▼6%

▼25%

Skills That Affect Senior Business Development Manager Salaries

Strategic Partners
▲75%

Strategic Planning
▲23%



Contract Negotiation
▼0%

Strategic Sales
▼0%

National Average
$123,000

Project Management
▼1%

Sales Management
▼1%







Proposal Writing
▼46%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

1-4 years
13%
5-9 years
29%
10-19 years
34%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
vision benefits
Vision: 74%
no benefits
None: 6%
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