Senior Business Development Manager Salary

The average salary for Senior Business Development Managers in the United States is $109K annually, and pay runs especially high in Reston, where the average is $200K. Senior Business Development Managers can also look forward to large paychecks in cities like Mountain View (+48 percent), San Jose (+24 percent), San Francisco (+22 percent), and Houston (+19 percent). This snapshot results from replies to PayScale's salary survey.
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$60,281 - $157,456
$60K
$110K
$160K
MEDIAN: $109,392
10%
50%
90%

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$16.89 - $52.85
$17
$25
$53
MEDIAN: $25.03
10%
50%
90%

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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$60K$120K$180K
Salary
$60,281 - $157,456  
   
Bonus
$2,525 - $40,850  
Profit Sharing
$1,000 - $20,482  
Commission
$5,152 - $54,191  
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).
)
$67,927 - $178,141  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 458
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$30$60$90
Hourly Rate
$16.89 - $52.85  
   
Overtime
$35.43  
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$60K$120K$180K
Bonus
$2,525 - $40,850  
   
Commission
$5,152 - $54,191  
Profit Sharing
$1,000 - $20,482  
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).
)
$67,927 - $178,141  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 12

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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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Senior Business Development Managers who go on to become Business Development Directors may see somewhat stagnant compensation. On average, a Business Development Director, an upper-level role, pays $113K.

Senior Business Development Manager Job Listings

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Popular Employer Salaries for Senior Business Development Manager


Popular Skills for Senior Business Development Manager


Senior Business Development Managers seem to exploit a large range 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 77 percent, 24 percent, and 17 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 educated in Account Management tend to be well versed 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: $122,475

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

Related Job Salaries

Key Stats for Senior Business Development Manager

Gender

Female
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.
1-4 years
12%
5-9 years
29%
10-19 years
35%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Business Development Manager Salaries

▲11%

▲7%

National Average
$122,000

▼5%

▼25%

Skills That Affect Senior Business Development Manager Salaries

Strategic Partners
▲77%

Strategic Planning
▲24%



Strategic Sales
▲1%

Project Management
▼0%

Contract Negotiation
▼0%

Sales Management
▼0%

National Average
$122,000







Proposal Writing
▼46%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

1-4 years
12%
5-9 years
29%
10-19 years
35%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 74%
no benefits
None: 7%