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Average Business Development Manager Salary

$73,367
Avg. SalaryShow Hourly Rate
$10,194
Bonus
$15,547
Commission
$4,943
Profit Sharing
What am I worth?
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The average salary for a Business Development Manager is $73,367.
10%
$45k
MEDIAN
$73k
90%
$122k
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Salary
$45k - $122k
Bonus
$2k - $31k
Profit Sharing
$695 - $20k
Commission
$4k - $40k
Total Pay
$46k - $138k
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What Do Business Development Managers Do?

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.

Job Satisfaction for Business Development Manager

4 out of 5
(1,352)
Highly Satisfied
247Reviews
The top respondents for the job title Business Development Manager are from the companies Amazon.com Inc, Advantage Sales & Marketing, LLC and Siemens. Reported salaries are highest at Google, Inc. where the average pay is $114,650. Other companies that offer high salaries for this role include Siemens and Emerson Electric Co, earning around $109,197 and $98,107, respectively. Advantage Sales & Marketing, LLC pays the lowest at around $55,153. Gartner Group Inc and Microsoft Corp also pay on the lower end of the scale, paying $62,602 and $93,000, respectively.

Career Paths

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 to research other job paths.
Business Development Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Business Development Manager Job Listings

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What Are Popular Skills for Business Development Managers?

Skills that pay less than market rate include Sales Management, Sales, Account Management, Customer Relationship Management (CRM) 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 $51,381 based on 174 salaries. An early career Business Development Manager with 1-4 years of experience earns an average total compensation of $62,073 based on 2,636 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of $76,823 based on 2,366 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of $86,483 based on 2,017 salaries. In their late career (20 years and higher), employees earn an average total compensation of $92,527.
Employees with Business Development Manager in their job title in Houston, Texas earn an average of 32.0% more than the national average. These job titles also find higher than average salaries in San Francisco, California (29.3% more) and Seattle, Washington (9.8% more).

Years of Experience

This data is based on 8,288 survey responses.
Entry Level
2.1%
Early Career
31.8%
Mid Career
28.5%
Experienced
24.3%
Late Career
13.2%