The average pay for a Business Development Manager is £33,694 per year. Skills that are associated with high pay for this job are Strategic Sales, Business Strategy, Technical Sales, and Contract Negotiation. People in this job generally don't have more than 20 years' experience.

£22,204 - £54,342
£22K
£34K
£54K
MEDIAN: £34,335
10%
50%
90%
£6.95 - £20.43
£6
£11
£20
MEDIAN: £11.48
10%
50%
90%
£0£60K
Salary £22,204 - £54,342
Bonus £955 - £14,878
Profit Sharing £0.00 - £8,195
Commission £1,997 - £19,872
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).
)
£23,799 - £60,896
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 2,828
Hourly Data £0£22
Hourly Rate £6.95 - £20.43
Hourly Tips £2.00
Overtime £0.00 - £22.67
Annual Data £0£60K
Bonus £955 - £14,878
Commission £1,997 - £19,872
Profit Sharing £0.00 - £8,195
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).
)
£23,799 - £60,896
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 56

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.

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 ₤32,000 based on 730 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 ₤41,000 based on 536 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 ₤44,000 based on 392 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 ₤46,000 based on 112 salaries.

Pay Difference by Location

National Average: £37,284

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

Business Development Manager Reviews

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

Business Development Manager in Bristol:
"A great group of people, not enough money."
Pros: The people & the friendly management.
Cons: Company tries not to pay you, the immoral atmosphere.

Business Development Manager in London:
"Key Account Management, New Business, Targets"
Pros: I enjoy meeting new people, building relationships with customers and ultimately finding new business and closing deals.
Cons: The stress levels and pressure to reach certain targets can make life difficult

Business Development Manager in London:
"Tough but fair environment"
Pros: Giving customers what they want, when they want it. Solving valid problems and improving their business
Cons: Calling customers cold, developing completely new relationships from scratch

Related Job Salaries

Key Stats for Business Development Manager

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 107 votes.
Less than 1 year
3%
1-4 years
37%
5-9 years
26%
10-19 years
24%
20 years or more
10%

Experience Affects Business Development Manager Salaries

▲25%

▲19%

▲9%

National Average
₤37,000

▼13%

Skills That Affect Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 107 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
3%
1-4 years
37%
5-9 years
26%
10-19 years
24%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 38%
dental benefits
Dental: 11%
vision benefits
Vision: 12%
no benefits
None: 57%