$108,456
Avg. Salary
$25.43
Avg. Hourly Rate

Average additional compensation:

$16,140

Bonus

$7,000

Profit Sharing

$23,107

Commission

What am I worth?
How should I pay?

The average pay for a Senior Business Development Manager is $25.43 per hour.

The average pay for a Senior Business Development Manager is $108,456 per year.

$17.06
10%
$25.43
50%
$51.75
90%
MEDIAN $25.43
$65k
10%
$108k
50%
$156k
90%
MEDIAN $108,456
$64,610 - $155,591
$65K
$110K
$160K
MEDIAN: $108,456
10%
50%
90%

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$17.06 - $51.75
$17
$25
$52
MEDIAN: $25.43
10%
50%
90%

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$0$176K
Salary $64,610 - $155,591
Bonus $4,037 - $38,820
Profit Sharing $1,039 - $29,087
Commission $6,638 - $52,203
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).
)
$72,833 - $176,989
  • Country: United States
  • Currency: USD
  • Updated: 9 Feb 2019
  • Individuals Reporting: 929
Hourly Data $0$51
Hourly Rate $17.06 - $51.75
Overtime $35.65
Annual Data $0$176K
Bonus $4,037 - $38,820
Commission $6,638 - $52,203
Profit Sharing $1,039 - $29,087
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).
)
$72,833 - $176,989
  • Country: United States
  • Currency: USD
  • Updated: 9 Feb 2019
  • Individuals Reporting: 15

Job Description for Senior Business Development Manager

A senior business development manager is primarily responsible for creating and maintaining strong relationships and making business decisions. A senior business development manager is very similar to a business manager, and this position exists in a variety of industries.

Read More...
Senior Business Development Manager Tasks
  • Research, locate, define and target key business prospects.
  • Work with customers to provide feedback to development teams for new content and products.
  • Establish and nurture relationships that fill business pipeline with prospective partners and customers.
  • Negotiate new partnerships and business alliances; work closely with legal experts to write contracts for new business partners.
  • Create business development strategies; identify roadblocks and drive new business from conception through closure.

Popular Employer Salaries for Senior Business Development Manager


Common Career Paths for Senior Business Development Manager


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Senior Business Development Managers who transition into an upper level Business Development Director position will not necessarily make much more than they do in their current role. The average Business Development Director makes $113K a year.

Senior Business Development Manager Job Listings

Popular Skills for Senior Business Development Manager


Senior Business Development Managers seem to require a rather large skill set. Most notably, facility with Strategic Partners, Strategic Planning, and Business Development are correlated to pay that is significantly above average, leading to increases of 76 percent, 24 percent, and 17 percent, respectively. Those listing Proposal Writing as a skill should be prepared for drastically lower pay. Marketing Communications and Customer Relationship Management also typically command lower compensation. Those proficient in Account Management are, more often than not, also skilled in Technical Sales and Business Development.

Pay by Experience Level for Senior Business Development Manager

Pay by Experience for a Senior Business Development Manager has a positive trend. An entry-level Senior Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 96 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 $116,000 based on 200 salaries. An experienced Senior Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $131,000 based on 215 salaries. A Senior 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 $135,000 based on 113 salaries.

Pay Difference by Location

National Average: $123,024

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

Senior Business Development Manager Reviews

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

Senior Business Development Manager in Minneapolis:
Pros: City offers variety of activities and beautiful scenery
Cons: Cold weather

Senior Business Development Manager in Rochester:
"Its my home."
Pros: Close to family and good location for my business region.
Cons: Flights are limited.

Related Job Salaries

Key Stats for Senior Business Development Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 152 votes.
1-4 years
13%
5-9 years
28%
10-19 years
37%
20 years or more
22%

Experience Affects Senior Business Development Manager Salaries

▲10%

▲6%

National Average
$123,000

▼6%

▼25%

Skills That Affect Senior Business Development Manager Salaries

Strategic Partners
▲76%

Strategic Planning
▲23%



Project Management
▼0%

Contract Negotiation
▼0%

Strategic Sales
▼0%

Sales Management
▼0%

National Average
$123,000







Proposal Writing
▼46%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 152 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
13%
5-9 years
28%
10-19 years
37%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 85%
vision benefits
Vision: 76%
no benefits
None: 6%