The average salary for a Business Development Manager in Bangalore, Karnataka is Rs 694,549 per year. The highest paying skills associated with this job are Account Management, Powerpoint, Business Strategy, Technical Sales, and Sales Management. People in this job generally don't have more than 20 years' experience. Experience has a moderate effect on income for this job.

Rs 307,717 - Rs 1,545,923
Rs 310K
Rs 680K
Rs 2M
MEDIAN: Rs 684,540
10%
50%
90%
Rs 0Rs 1M
Salary Rs 307,717 - Rs 1,545,923
Bonus Rs 9,863 - Rs 349,632
Profit Sharing Rs 0.00 - Rs 306,386
Commission Rs 5,128 - Rs 353,549
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 319,376 - Rs 1,712,245
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 704

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.

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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.

Business Development Manager Job Listings

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 507,000 based on 162 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 844,000 based on 154 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 1,315,000 based on 71 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 1,500,000 based on 8 salaries.

Key Stats for Business Development Manager

Gender

Female
16 %
Male
84 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 25 votes.
Less than 1 year
4%
1-4 years
34%
5-9 years
39%
10-19 years
21%
20 years or more
2%

Experience Affects Business Development Manager Salaries

▲107%

▲81%

▲16%

National Average
Rs 726,000

▼30%

Skills That Affect Business Development Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 25 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
4%
1-4 years
34%
5-9 years
39%
10-19 years
21%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 30%