The average salary for a Business Development Officer is $64,470.
Business Development Officer by
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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, a…Read more
Job Satisfaction for Business Development Officer
Popular Employer Salaries for Business Development Officer
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Business Development Officer
Strategic Planning Analyst
Vice President (VP), Business Developmen...
Somewhat common (8 - 20%)
Business Development Officer Job Listings
What Are Popular Skills for Business Development Officers?
Skills that pay less than market rate include Microsoft Excel, New Business Development, Microsoft Office, Business Development and Sales.
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 $53,954 based on 120 salaries. A mid-career Business Development Officer with 5-9 years of experience earns an average total compensation of $67,684 based on 71 salaries. An experienced Business Development Officer with 10-19 years of experience earns an average total compensation of $74,251 based on 80 salaries. In their late career (20 years and higher), employees earn an average total compensation of $77,417.
Pay Difference by Location
Employees with Business Development Officer in their job title in Chicago, Illinois earn an average of 31.8% more than the national average. These job titles also find higher than average salaries in San Francisco, California (26.2% more) and New York, New York (16.3% more).
Years of Experience
This data is based on 355 survey responses.