£34,179
Avg. Salary
£12.28
Avg. Hourly Rate

Average additional compensation:

£5,012

Bonus

£1,444

Profit Sharing

£6,932

Commission

What am I worth?
How should I pay?

The average pay for a Business Development Manager is £12.28 per hour.

The average pay for a Business Development Manager is £34,179 per year.

10%
£7.11
10%
£12.28
50%
£27.40
90%
90%
MEDIAN £12.28
10%
£22k
10%
£34k
50%
£54k
90%
90%
MEDIAN £34,179
£22,329 - £54,108
£22K
£34K
£54K
MEDIAN: £34,179
10%
50%
90%
£7.11 - £27.40
£7
£12
£27
MEDIAN: £12.28
10%
50%
90%
£0£60K
Salary £22,329 - £54,108
Bonus £974 - £14,760
Profit Sharing £0.00 - £9,060
Commission £1,991 - £19,787
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).
)
£23,997 - £60,878
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Mar 2019
  • Individuals Reporting: 2,568
Hourly Data £0£29
Hourly Rate £7.11 - £27.40
Hourly Tips £2.00
Overtime £0.00 - £29.09
Annual Data £0£60K
Bonus £974 - £14,760
Commission £1,991 - £19,787
Profit Sharing £0.00 - £9,060
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).
)
£23,997 - £60,878
  • Country: United States
  • Currency: GBP
  • Updated: 16 Mar 2019
  • Individuals Reporting: 52

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.

Business Development Manager Pay By Employer

$0$199K

$56,036

Google, Inc.
24 profiles
$87,014

Amazon.com Inc
20 profiles
$85,500

$84,836

Microsoft Corp
11 profiles
$107,722

$119,967

Siemens
10 profiles
$121,100

$122,449

$50,615

$60,000

Common Career Paths for Business Development Manager


Add this chart to your site:   640px 640px    300px 300px

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: £36,962

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 London:
"Detailed responsibilities + my manager's dogmatic nature."
Don't get excited with a large OTE. Check if it's realistic to achieve it. And mist certainly check the commission structure especially the commission paid on each bracket I.e. 0-75% of target earns you 2% - 75.01% -80% gives you and also your client base.

Business Development Manager in Uxbridge:
"Salary increment structure."
Pls negotiate the salary at the start of the employment, and always seek if you have any salary upgrade options with the company.

Business Development Manager in London:
"Focus on what matters."
Keep focus on the larger opportunities and strategic relationships.

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 Maidstone:
"More about the industry."
I landed on my feet in a great company, but I could have given myself a head start by researching the industry thoroughly before joining.

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 13 votes.
Less than 1 year
3%
1-4 years
38%
5-9 years
26%
10-19 years
23%
20 years or more
9%

Experience Affects Business Development Manager Salaries

▲26%

▲20%

▲10%

National Average
₤37,000

▼13%

Skills That Affect Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
3%
1-4 years
38%
5-9 years
26%
10-19 years
23%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 36%
dental benefits
Dental: 10%
vision benefits
Vision: 12%
no benefits
None: 60%