Business Development Associate Salary

Business Development Associates in the United States take home approximately $50K per year on average. Overall cash earnings for Business Development Associates stretch from $34K on the lower end to $85K near the top, and the heftiest packages can encompass around $18K from bonuses and $15K from profit sharing. Geographic location is the main element affecting pay for this group — career length and the specific company are driving factors as well. A large number enjoy medical while the larger part get dental coverage. Vision coverage is also available to just over a half. Job satisfaction is high and work is enjoyable for most Business Development Associates. Women make up a slight majority of Business Development Associates (52 percent) survey respondents.

$35,889 - $80,357
$36K
$50K
$80K
MEDIAN: $49,819
10%
50%
90%

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$11.54 - $26.38
$12
$17
$26
MEDIAN: $17.32
10%
50%
90%

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$0$86K
Salary $35,889 - $80,357
Bonus $495.93 - $18,365
Profit Sharing $482.88 - $12,255
Commission $1,794 - $25,177
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).
)
$34,344 - $86,113
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 1,279
Hourly Data $0$38
Hourly Rate $11.54 - $26.38
Hourly Tips $1.75
Overtime $18.18 - $38.75
Annual Data $0$86K
Bonus $495.93 - $18,365
Commission $1,794 - $25,177
Profit Sharing $482.88 - $12,255
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).
)
$34,344 - $86,113
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 209

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Business Development Associate

Business development associates help increase growth and sales for their company. The field in which they work may vary, including everything from information technology (IT) to marketing to engineering. Much of the position is focused on developing strategies to build new client relationships while maintaining existing relationships.

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Business Development Associate Tasks

  • Develop, execute and evaluate new plans for expanding increasing sales.
  • Document all customer contact and information.
  • Supervise implementation, advocate for the customer's needs, and communicate with client.
  • Identify, prioritize, and reach out to new business categories, partners and opportunities.

Common Career Paths for Business Development Associate


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Business Development Associates may progress into high-paying roles like Business Development VP, where median compensation is $147K annually. Business Development Managers or Business Development Directors are common next-step roles for Business Development Associates moving up in their careers; annual pay for Business Development Managers is $27K higher on average, and it's $62K higher for Business Development Directors.

Business Development Associate Job Listings

Popular Employer Salaries for Business Development Associate


Business Development Associates seeking a sizable paycheck can earn the most at Corporate Executive Board (CEB), where the median salary comes to $44K, though the large pay difference between employees at the top ($39K) and those starting out ($72K) creates a rather diverse pay scale.

Popular Skills for Business Development Associate


Business Development Associates seem to exploit a large range of skills on the job. Most notably, skills in Business Analysis, Data Analysis, Powerpoint, and New Business Development are correlated to pay that is above average, with boosts between 6 percent and 11 percent. At the other end of the pay range are skills like Microsoft Word, Microsoft Office, and Microsoft Excel. Those proficient in Business Development are, more often than not, also skilled in Sales and Market Research.

Pay by Experience Level for Business Development Associate

Pay by Experience for a Business Development Associate has a positive trend. An entry-level Business Development Associate with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 1,190 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $63,000 based on 246 salaries. An experienced Business Development Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 106 salaries. A Business Development Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $58,000 based on 33 salaries.

Pay Difference by Location

National Average: $50,792

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

With a pay rate for Business Development Associates that is 22 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Business Development Associates will also find cushy salaries in San Diego (+17 percent), New York (+11 percent), Atlanta (+9 percent), and Miami (+9 percent). Those in the field find the lowest salaries in Dallas, 14 percent below the national average. Below-median salaries also turn up in Philadelphia and Austin (10 percent lower and 7 percent lower, respectively).

Business Development Associate Reviews

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

Business Development Associate in Houston:
"Work flexibility and company culture."
Pros: Not being under direct supervision is what I like most about my job. I have the freedom to accomplish tasks delegated to me in a manner I see fit.
Cons: This is a relatively new company and business model. The thing I like least is a lack of consistency. Issues are addressed on a case by case basis. Duplicate issues are often handled differently.

Business Development Associate in Herndon:
"Business Development Associate."
Pros: I like the opportunity to travel and interact with customers.
Cons: The administrative work and ambiguity of my job description.

Business Development Associate in Chicago:
"Great experience where I've learned a ton."
Pros: I've worked 4.5 years as a business development associate doing a range of marketing and sales activities. The ownership and autonomy is what I like the most.
Cons: Stress level and compensation.

Business Development Associate in Pittsburgh:
Pros: Get to help people.
Cons: Competetiveness.

Related Job Salaries

Key Stats for Business Development Associate

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 207 votes.
Less than 1 year
12%
1-4 years
65%
5-9 years
15%
10-19 years
6%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Associate Salaries

▲24%

▲19%

▲15%

National Average
$51,000

▼4%

Skills That Affect Business Development Associate Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 207 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
12%
1-4 years
65%
5-9 years
15%
10-19 years
6%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 70%
vision benefits
Vision: 55%
no benefits
None: 15%
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