Marketing & Business Development Manager Salary

Marketing & Business Development Managers in the United States take home approximately $64K per year on average. In the world of Marketing & Business Development Managers, total cash compensation ranges from $37K on the lower end to $124K on the higher end; this includes bonuses that reach $24K and profit sharing that approaches $12K in rare cases, with some high rollers snagging commissions as high as $49K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. A fair number enjoy medical while a majority get dental coverage. Vision coverage is also available to the larger part. Job satisfaction is reported as high by the vast majority of workers. This report is based on answers to PayScale's salary questionnaire.

$40,315 - $121,547
$40K
$64K
$120K
MEDIAN: $64,360
10%
50%
90%

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$14.44 - $34.52
$14
$19
$35
MEDIAN: $19.49
10%
50%
90%

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$0$129K
Salary $40,315 - $121,547
Bonus $800 - $24,403
Profit Sharing $152.05 - $12,224
Commission $993 - $48,936
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).
)
$37,248 - $129,009
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 676
Hourly Data $0$48
Hourly Rate $14.44 - $34.52
Overtime $19.92 - $48.97
Annual Data $0$129K
Bonus $800 - $24,403
Commission $993 - $48,936
Profit Sharing $152.05 - $12,224
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).
)
$37,248 - $129,009
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 91

Job Description for Marketing & Business Development Manager

Marketing and business development managers are in charge of market research and advertising for their company. They are in charge of the "public face" of the company, which includes the website, emails to clients, and social media sites.

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Marketing & Business Development Manager Tasks

  • Research market size, market trends and statistics relative to market expansion opportunities.
  • Support new initiatives with research, analysis, writing, the development of electronic collateral and Power Point presentations.
  • Deliver high level support related to market intelligence to the sales and marketing teams.
  • Research, analyze and report on marketplace trends and competitors.

Common Career Paths for Marketing & Business Development Manager


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Though some Marketing & Business Development Managers move into positions like Business Development VP (where the average salary is $147K), this progression is not the norm. When Marketing & Business Development Managers are ready for the next step in their careers, they often become Business Development Directors or Marketing & Business Development Directors. Those roles pay an additional $48K and $28K, respectively.

Marketing & Business Development Manager Job Listings

Popular Skills for Marketing & Business Development Manager


Marketing & Business Development Managers report using a large range of skills on the job. Most notably, skills in Strategic Planning, Product Marketing, Strategic Marketing, and Sales are correlated to pay that is above average, with boosts between 5 percent and 10 percent. Those listing Media / Public Relations as a skill should be prepared for drastically lower pay. Social Media Marketing and Marketing Communications also typically command lower compensation. Most people familiar with New Business Development also know Customer Relationship Management (CRM) and Marketing Management.

Pay by Experience Level for Marketing & Business Development Manager

Pay by Experience for a Marketing & Business Development Manager has a positive trend. An entry-level Marketing & Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 302 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Marketing & 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 $69,000 based on 251 salaries. An experienced Marketing & Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $86,000 based on 196 salaries. A Marketing & 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 $104,000 based on 77 salaries.

Pay Difference by Location

National Average: $65,051

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

Marketing & Business Development Managers will find that Houston offers an impressive pay rate, one which exceeds the national average by 53 percent. Marketing & Business Development Managers will also find cushy salaries in Chicago (+36 percent), San Francisco (+35 percent), Atlanta (+31 percent), and Philadelphia (+27 percent). Denver is the lowest-paying area, 19 percent south of the national average. Employers also pay below the national average in Miami (19 percent lower) and Minneapolis (10 percent lower).

Marketing & Business Development Manager Reviews

Q: What is it like working as a Marketing & Business Development Manager?

Marketing & Business Development Manager in Washington:
"Varied."
Pros: You get to do a lot of different things.
Cons: Jack of all trades, master of none. Coworkers get confused about your role.

Related Job Salaries

Key Stats for Marketing & Business Development Manager

Gender

Female
59 %
Male
41 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 154 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
29%
10-19 years
25%
20 years or more
12%

Experience Affects Marketing & Business Development Manager Salaries

▲61%

▲32%

▲7%

National Average
$65,000

▼16%

Skills That Affect Marketing & Business Development Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 154 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
29%
10-19 years
25%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 68%
vision benefits
Vision: 57%
no benefits
None: 20%