$71,206
Avg. Salary
$18.95
Avg. Hourly Rate

Average additional compensation:

$10,061

Bonus

$4,823

Profit Sharing

$16,078

Commission

What am I worth?
How should I pay?

The average pay for a Business Development Manager is $18.95 per hour.

The average pay for a Business Development Manager is $71,206 per year.

10%
$12.05
10%
$18.95
50%
$38.16
90%
90%
MEDIAN $18.95
10%
$43k
10%
$71k
50%
$121k
90%
90%
MEDIAN $71,206
$42,919 - $120,765
$43K
$71K
$120K
MEDIAN: $71,206
10%
50%
90%

Add this chart to your site: 640px    300px

$12.05 - $38.16
$12
$19
$38
MEDIAN: $18.95
10%
50%
90%

Add this chart to your site: 640px    300px

$0$134K
Salary $42,919 - $120,765
Bonus $1,538 - $30,117
Profit Sharing $0.00 - $19,288
Commission $4,066 - $40,215
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).
)
$44,543 - $134,800
  • Country: United States
  • Currency: USD
  • Updated: 15 Apr 2019
  • Individuals Reporting: 9,602
Hourly Data $0$50
Hourly Rate $12.05 - $38.16
Hourly Tips $1.25
Overtime $12.00 - $50.48
Annual Data $0$134K
Bonus $1,538 - $30,117
Commission $4,066 - $40,215
Profit Sharing $0.00 - $19,288
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).
)
$44,543 - $134,800
  • Country: United States
  • Currency: USD
  • Updated: 15 Apr 2019
  • Individuals Reporting: 462

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$179K

$56,545

Google, Inc.
23 profiles
$86,443

Amazon.com Inc
20 profiles
$85,500

$84,836

Microsoft Corp
11 profiles
$107,722

Siemens
10 profiles
$121,100

$116,997

$124,639

$50,615

$60,000

Common Career Paths for Business Development Manager


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


Business Development Managers who go on to become Business Development VPs may see their salaries climb quite a bit. Median pay for Business Development VPs is $147K annually. More often than not, a Business Development Director role is the next step for Business Development Managers moving up in the field. Business Development Directors usually make $113K per year. Many other Business Development Managers choose to take on a Marketing & Business Development Manager role, where salaries are typically $68K.

Business Development Manager Job Listings

Popular Skills for Business Development Manager


Business Development Managers seem to require a rather large skill set. Most notably, facility with Technical Sales, Strategic Sales, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 28 percent, 13 percent, and 9 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Marketing Management, Microsoft Excel, and Microsoft Office. Those familiar with Customer Relationship Management also tend to know Account Management and Strategic Planning.

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 $63,000 based on 2,479 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 $80,000 based on 1,885 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 $92,000 based on 1,563 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 $104,000 based on 715 salaries.

Pay Difference by Location

National Average: $78,219

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

Houston offers some of the highest pay in the country for Business Development Managers, 28 percent above the national average. Business Development Managers can also look forward to large paychecks in cities like San Francisco (+27 percent), Minneapolis (+15 percent), Boston (+14 percent), and Dallas (+11 percent). Miami ranks last in the field for pay, reporting salaries 13 percent below the national average.

Related Job Salaries

Key Stats for Business Development Manager

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1603 votes.
Less than 1 year
2%
1-4 years
32%
5-9 years
28%
10-19 years
25%
20 years or more
13%

Experience Affects Business Development Manager Salaries

▲33%

▲18%

▲3%

National Average
$78,000

▼20%

Skills That Affect Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1603 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
2%
1-4 years
32%
5-9 years
28%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 72%
vision benefits
Vision: 62%
no benefits
None: 15%