Business Development Manager in Baltimore, Maryland Salary

How much does a Business Development Manager make in Baltimore, MD? A Business Development Manager in Baltimore takes home an average of $72,612 per year. This is 3% above the national average for a Business Development Manager which is $70,234 per year. Salaries for a Business Development Manager in Baltimore range from $40,470 per year to $122,971 annually. Total Annual Compensation, which includes salary, bonus, and commission for a Business Development Manager in Baltimore ranges from $40,896 to $134,707 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. Men make up a majority of the Business Development Manager workforce in Baltimore among those reporting — 69 percent to be exact. Many report receiving medical, dental, and vision benefits from their employer.

$40,470 - $122,971
$40K
$73K
$120K
MEDIAN: $72,612
10%
50%
90%

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$0$134K
Salary $40,470 - $122,971
Bonus $1,050 - $30,000
Commission $9,826
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).
)
$40,896 - $134,707
  • Country: United States
  • Currency: USD
  • Updated: 21 Nov 2017
  • Individuals Reporting: 51

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.

About Baltimore, Maryland

Baltimore city, Maryland
621,849
Male:
294,027 (47.3%)
Female:
327,822 (52.7%)
Baltimore (/ˈbɔːltᵻˌmɔːr/, locally: [ˈbɔɫ.mɔɻ]) is the largest city in the U.S. state of Maryland, and the 29th-most populous city in the country. It was established by the Constitution of Maryland and is not part of any county; thus, it is the largest independent city in the United States. Baltimore has more public monuments per capita than any other city in the country and is home to some of the earliest National Register historic districts in the nation, including Fell's Point (1969), Federal Hill (1970) and Mount Vernon Place (1971). More than 65,000 properties, or roughly one in three buildings in the city, are listed on the National Register, more than any other city in the nation. Founded in 1729, Baltimore is the second largest seaport in the Mid-Atlantic. Baltimore's Inner Harbor was once the second leading port of entry for immigrants to the United States and a major manufacturing center. After...
Baltimore:
$44,165
Maryland:
$75,847
$981
Baltimore:
$155,600
Maryland:
$299,800
6.0%

Business Development Manager Job Listings

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 $59,000 based on 14 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 $82,000 based on 12 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 $90,000 based on 6 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 $95,000 based on 6 salaries.

Key Stats for Business Development Manager

Gender

Female
31 %
Male
69 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
1-4 years
33%
5-9 years
31%
10-19 years
18%
20 years or more
18%

Experience Affects Business Development Manager Salaries

Late-Career
▲15%

Experienced
▲8%

National Average
$83,000

Mid-Career
▼1%

Entry-Level
▼29%

Skills That Affect Business Development Manager Salaries

Strategic Planning
▲24%

Market Research
▲5%

Strategic Marketing
▲2%

National Average
$83,000


Account Sales
▼4%

Customer Relationship Management (CRM)
▼9%

Account Management
▼10%

Sales
▼22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

1-4 years
33%
5-9 years
31%
10-19 years
18%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 80%
vision benefits
Vision: 67%
no benefits
None: 16%