The average salary for a Business Development Manager in United Kingdom is £34,700.
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What Do Business Development Managers Do?
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.
Some of their main duties include brainstorming with other business development staff to define the scope of the project, review requirements, and approve timeframes. They work well with other company managers to oversee the p…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
The top respondents for the job title Business Development Manager are from the companies GDF Suez, HSBC and Qinetiq PLC. Reported salaries are highest at GDF Suez where the average pay is £53,298. Other companies that offer high salaries for this role include The National Health Service (NHS), earning around £41,494. Qinetiq PLC pays the lowest at around £35,802. HSBC also pays on the lower end of the scale, paying £37,000.
Explore the most common career paths for Business Development Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Business Development Manager
Business Development Director
Senior Business Development Manager
Somewhat common (8 - 20%)
Business Development Manager Job Listings
What Are Popular Skills for Business Development Managers?
Skills in Business Strategy are correlated to pay that is above average. Skills that pay less than market rate include Sales, Customer Relationship Management (CRM), Account Management and New Business Development.
What is the Pay by Experience Level for Business Development Managers?
An entry-level Business Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £26,919 based on 55 salaries. An early career Business Development Manager with 1-4 years of experience earns an average total compensation of £30,510 based on 885 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of £37,045 based on 585 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of £40,548 based on 542 salaries. In their late career (20 years and higher), employees earn an average total compensation of £41,835.
Pay Difference by Location
Employees with Business Development Manager in their job title in London, England earn an average of 11.8% more than the national average. These job titles also find higher than average salaries in London, England: London (10.8% more) and Edinburgh, Scotland: Edinburgh (1.9% more). The lowest salaries can be found in Glasgow, Scotland: Glasgow (8.0% less) and Manchester, England: Manchester (0.8% less).
Years of Experience
This data is based on 2,315 survey responses.