Average Business Development Manager Salary

$3,072,255
Avg. Salary
$50,565
Bonus
$450,000
Profit Sharing
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The average salary for a Business Development Manager is $3,072,255.
10%
$120k
10%
$3m
50%
$10m
90%
90%
MEDIAN $3,072,255
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United States (change)
Salary
$120k - $10m
Bonus
$-66 - $5m
Profit Sharing
$197k - $1m
Total Pay
$200k - $10m

Your Market Worth Over Time

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Job Description for Business Development Manager

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

Popular Skills for Business Development Manager

Skills in Customer Relationship Management (CRM), New Business Development, Sales Management and Business Strategy are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.

Pay by Experience Level for Business Development Manager

An early career Business Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $1,820,223 based on 20 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of $3,230,000 based on 20 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of $6,500,000 based on 6 salaries.

Years of Experience

This data is based on 46 survey responses.
Early Career
43.5%
Mid Career
43.5%
Experienced
13.0%