Avg. Base Salary (USD)
The average salary for a Business Development Officer is $73,502 in 2023
What is the Pay by Experience Level for Business Development Officers?
An entry-level Business Development Officer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,604 based on 9 salaries. An early career Business Development Officer with 1-4 years of experience earns an average total compensation of $60,869 based on …Read more
What Do Business Development Officers Do?
The business development officer is responsible for working to increase increase sales and profits related to the services and products offered by their organization. The business development officer is also responsible for building stronger ties with the member and shareholders of their institution. Some other responsibilities that are expected of a business development officer on a day-to-day basis include analyzing portfolios to develop new opportunities, developing new business strategies, …Read more
How do Business Development Officers Rate Their Jobs?
FAQs About Business Development Officers
What is the highest pay for Business Development Officers?
Our data indicates that the highest pay for a Business Development Officer is $143k / year
What is the lowest pay for Business Development Officers?
Our data indicates that the lowest pay for a Business Development Officer is $44k / year
How can Business Development Officers increase their salary?
Increasing your pay as a Business Development Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Business Development Officer that oversees more junior Business Development Officers, this experience can increase the likelihood to earn more.