Rs 567,051
Avg. Salary
Rs 575
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

Rs 69,063

Profit Sharing

Rs 24,852

Commission

Rs 99,500

The average pay for a Business Development Manager is Rs 575 per hour.

The average pay for a Business Development Manager is Rs 567,051 per year.

$0
10%
$575
50%
$0
90%
MEDIAN $575
$248k
10%
$567k
50%
$1m
90%
MEDIAN $567,051
Rs 248,307 - Rs 1,390,247
Rs 250K
Rs 570K
Rs 1M
MEDIAN: Rs 567,051
10%
50%
90%
Rs 0Rs 1M
Salary Rs 248,307 - Rs 1,390,247
Bonus Rs 4,882 - Rs 297,563
Profit Sharing Rs 0.00 - Rs 294,409
Commission Rs 14,865 - Rs 310,730
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).
)
Rs 264,257 - Rs 1,500,105
  • Country: India
  • Currency: INR
  • Updated: 11 Nov 2018
  • Individuals Reporting: 4,430

Job Description for Business Development Manager

Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction.

Read More...

Business Development Manager Tasks

  • Achieve revenue goals.
  • Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.
  • Identify and develop new and existing referral sources to develop successful referring relationships.
  • Actively identify and generate prospects through strategic sales strategies focusing on customers in target markets.

Popular Employer Salaries for Business Development Manager

Common Career Paths for Business Development Manager


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Business Development Manager Job Listings

Popular Skills for Business Development Manager

Pay by Experience Level for Business Development Manager

Pay by Experience for a Business Development Manager has a positive trend. An entry-level Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 427,000 based on 1,222 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 Rs 725,000 based on 953 salaries. An experienced Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 1,037,000 based on 472 salaries. A 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 Rs 1,104,000 based on 46 salaries.

Pay Difference by Location

National Average: Rs 597,802

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

Business Development Manager Advice

Q: What is it like working as a Business Development Manager?

Business Development Manager in Mumbai:
"Good industrial exposure."
Good opportunity to grow in industrial solution development.

Business Development Manager in Hyderabad:
"MARKETING."
CHECK THE PRODUCT YOU WISH TO MARKET AND MARKET VIABILITY TO ACCEPT THAT PRODUCT.

Business Development Manager in Ahmedabad:
"Be hardworking and career oriented. Do not loose focus."
Be hardworking and career oriented. Do not loose focus.

Business Development Manager in Bangalore:
"Trust."
Pros: Trust they have in me.
Cons: - No systems. - No proper channelization. - Lack of guidance.

Business Development Manager in New Delhi:
Business development profiles are the toughest in world with constant travelling. But they take you to places and people which is good to a certain extent. Ground level business development is must to start and understand the psych of market.

Business Development Manager in Mumbai:
"Management, corporate culture, client interaction"
Pros: Networking with Top Bankers, Ownership of work, Bigger responsibilities
Cons: No perks, less national holidays, low pay raises

Business Development Manager in Chennai:
"Not a good proposition with Frost & Sullivan"
Pros: I get to learn a lot about the business climate in India and other Asian countries. Faced to challenges in terms of compensation and sales commission from the employer. And in terms of getting business from Indian clients. And to top it all, face the internal politics in the company. Combined, all these make my learning very strong.
Cons: The job is interesting, but it is the package that is far below the industry standard and is making one feel very less enthusiastic about this job. There are lot of variations in the payscale in the company, and I am paid much below the salary of a typical manager in business development role. The company gives commission after one year, it is pathetic case and makes one lack the trust in his place of work.

Related Job Salaries

Key Stats for Business Development Manager

Gender

Female
14 %
Male
86 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.
Less than 1 year
5%
1-4 years
38%
5-9 years
35%
10-19 years
19%
20 years or more
2%

Experience Affects Business Development Manager Salaries

▲85%

▲73%

▲21%

National Average
Rs 598,000

▼29%

Skills That Affect Business Development Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
5%
1-4 years
38%
5-9 years
35%
10-19 years
19%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 60%
dental benefits
Dental: 4%
vision benefits
Vision: 4%
no benefits
None: 40%