Business Development Representative Salary

The average salary for a Business Development Representative is $44,229 per year. Most people with this job move on to other positions after 20 years in this career. Experience has a moderate effect on income for this job. Skills that are associated with high pay for this job are Technical Sales and Salesforce.
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$33,329 - $67,112
$33K
$45K
$67K
MEDIAN: $45,212
10%
50%
90%

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$10.04 - $25.03
$10
$15
$25
MEDIAN: $14.59
10%
50%
90%

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$0$77K
Salary $33,329 - $67,112
Bonus $984 - $25,246
Profit Sharing $24.47 - $20,759
Commission $2,013 - $29,144
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).
)
$32,012 - $77,395
  • Country: United States
  • Currency: USD
  • Updated: 11 Nov 2017
  • Individuals Reporting: 834
Hourly Data $0$36
Hourly Rate $10.04 - $25.03
Overtime $13.79 - $36.46
Annual Data $0$77K
Bonus $984 - $25,246
Commission $2,013 - $29,144
Profit Sharing $24.47 - $20,759
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).
)
$32,012 - $77,395
  • Country: United States
  • Currency: USD
  • Updated: 11 Nov 2017
  • Individuals Reporting: 137

Job Description for Business Development Representative

A business development representative is a specialized role related to the sales department of a company. While a sales representative works with existing clients to keep them happy and serve their needs, business development reps seek out and build new business for their enterprise. This not only involves finding new clients for existing applications of an organization’s goods and services, but also finding entirely new clientele sets who may have not initially been marketing targets for their company.

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Business Development Representative Tasks

  • Ensure the company meets revenue and profit goals
  • Identify and meet potential customers
  • Maximize referral potentials
  • Manage and maintain high customer satisfaction levels

Common Career Paths for Business Development Representative


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Business Development Representative Job Listings

Popular Employer Salaries for Business Development Representative

Popular Skills for Business Development Representative

Pay by Experience Level for Business Development Representative

Pay by Experience for a Business Development Representative has a positive trend. An entry-level Business Development Representative with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 638 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Representative with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 131 salaries. An experienced Business Development Representative which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 129 salaries. A Business Development Representative with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 41 salaries.

Pay Difference by Location

22%

15%

11%

10%

8%

-7%

-10%

-13%

National Average: $50,387

Larger city markers indicate a job is popular in that location.

Business Development Representative Reviews

Q: What is it like working as a Business Development Representative?

Business Development Representative in Casa Grande:
"The ACO Life."
Pros: The people I work with, the products I sell, the customers I speak with on a daily basis, the atmosphere, the relationships I have built and continue to build.
Cons: I think our pay and bonuses are extremely low.

Business Development Representative in New York:
Pros: Market intelligence is a complex industry.
Cons: No ongoing challenges after initial task mastery.

Business Development Representative in Salem:
"Creative."
Pros: Creative outlet and interacting with others.
Cons: Low pay and micro-management.

Business Development Representative in New York:
"Great firm."
Pros: Great industries to work with. Great people. Great culture. Great office. Great benefits.
Cons: Long close time for enterprise sales.

Business Development Representative in Dalton:
"Its okay."
Pros: The pay, the people, the environment, the management.
Cons: The stress, the heat upstairs, the un-appreciativeness.

Business Development Representative in Boston:
"Responsibility."
Pros: High levels of responsibility in an international location.
Cons: Poor management and no benefits.

Business Development Representative in Seattle:
Pros: Side projects. Excel reporting. Managing a committee.
Cons: Processing registrations. Phone calls, customer service.

Related Job Salaries

Key Stats for Business Development Representative

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 138 votes.
Less than 1 year
13%
1-4 years
56%
5-9 years
14%
10-19 years
12%
20 years or more
5%

Experience Affects Business Development Representative Salaries

▲40%

▲21%

▲10%

National Average
$50,000

▼8%

Skills That Affect Business Development Representative Salaries


▲9%





Outbound Calls
▲1%



National Average
$50,000


▼4%


Sales
▼17%

Strategic Marketing
▼27%

Oral / Verbal Communication
▼40%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 138 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
13%
1-4 years
56%
5-9 years
14%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 73%
vision benefits
Vision: 64%
no benefits
None: 14%