Business Development Manager in Minneapolis, Minnesota Salary

An average Business Development Manager in Minneapolis, Minn. can expect to take home roughly $71K annually. Among folks in this role, job satisfaction levels approximately match the national average. Generally, women make up less than a third of all Business Development Managers in Minneapolis, Minn. who answered the questionnnaire. Although a strong majority have medical coverage and more than half have dental coverage, one in four claim no health benefits at all. This report is based on responses to the PayScale salary survey.

$49,711 - $112,351
$50K
$71K
$110K
MEDIAN: $71,313
10%
50%
90%

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$0$123K
Salary $49,711 - $112,351
Bonus $4,894 - $41,755
Profit Sharing $3,000
Commission $24,500
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).
)
$54,614 - $123,163
  • Country: United States
  • Currency: USD
  • Updated: 19 Oct 2017
  • Individuals Reporting: 59

About Minneapolis, Minnesota

Hennepin County, Minnesota
410,935
Male:
206,547 (50.3%)
Female:
204,388 (49.7%)
Minneapolis (/ˌmɪniˈæpəlɪs/) is the county seat of Hennepin County, and larger of the Twin Cities, the 16th-largest metropolitan area in the United States, containing about 3.5 million residents. As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest, after Chicago. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. It was once the world's flour milling capital and a hub for timber. The city and surrounding region is the primary business center between Chicago and...
Minneapolis:
$54,571
Minnesota:
$63,488
$912
Minneapolis:
$227,500
Minnesota:
$200,000
4.3%

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 21 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 $93,000 based on 14 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 $95,000 based on 31 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 $98,000 based on 14 salaries.

Key Stats for Business Development Manager

Gender

Female
19 %
Male
81 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
2%
1-4 years
23%
5-9 years
17%
10-19 years
38%
20 years or more
20%

Experience Affects Business Development Manager Salaries

▲10%

▲7%

Mid-Career
▲5%

National Average
$89,000

▼33%

Skills That Affect Business Development Manager Salaries

Financial Analysis
▲28%

Microsoft Office
▲15%

Account Sales
▲14%


Sales Management
▲7%

Sales
▲3%

Strategic Sales
▲3%

Technical Sales
▲3%



National Average
$89,000

Strategic Planning
▼1%

Microsoft Word
▼7%

Project Management
▼10%

Powerpoint
▼19%

Microsoft Excel
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
17%
10-19 years
38%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 73%
vision benefits
Vision: 58%
no benefits
None: 21%