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Business Development Representative V Salary in Chatham, NJ

How much does a Business Development Representative V make in Chatham, NJ?

As of August 01, 2026, the average salary for a Business Development Representative V in Chatham, NJ is $187,690 per year, which breaks down to an hourly rate of $90.

However, a Business Development Representative V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $204,502
  • Majority Range (25th-75th percentile): $177,140 to $196,490
  • Entry-Level (10th percentile): $167,535
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View as table View as graph 25% $177,140 10% $167,535 90% $204,502 75% $196,490 $187,690 50%(Median) Didn’t find job title? Click

Business Development Representative V Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $196,490 $16,374 $3,779 $94
Average $187,690 $15,641 $3,609 $90
25th Percentile $177,140 $14,762 $3,407 $85
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Key Factors That Influence Business Development Representative V Salaries

A Business Development Representative V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.

How Experience Level Affects Business Development Representative Salaries?

Experience is a primary driver of a Business Development Representative V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Business Development Representative III (4-7 years): $111,029
  • BDR IV (7+ years): $146,303
  • Business Development Representative V (7-10 years): $187,681
  • Business Prospect Development Supervisor (10+ years): $128,725
  • Manager Business Growth and Development (10+ years): $148,662
Job Role Years of Experience Average Salary
Business Development Representative III4-7 years$111,029
BDR IV7+ years$146,303
Business Development Representative V7-10 years$187,681
Business Prospect Development Supervisor10+ years$128,725
Manager Business Growth and Development10+ years$148,662
$111,029 Business ...
$146,303 BDR IV
$187,681 Business ...
$128,725 Business ...
$148,662 Manager B...
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What Am I Worth?

Top Paying Cities for Business Development Representative Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $210,710
  • San Francisco: $208,400
  • Oakland: $204,010

What Skills Can Increase a Business Development Representative V's Salary?

Demanded Skills for the Role:

  • Presentation (Mentioned in 5.26% Job Postings): Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  • Cold Calling (Mentioned in 1.49% Job Postings): Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well.
  • Food Service (Mentioned in 1.14% Job Postings): The foodservice or catering industry includes the businesses, institutions, and companies which prepare meals outside the home.
See More Skills
Skills Demand Percentage
Presentation 5.26%
Cold Calling 1.49%
Food Service 1.14%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Business Development Representative V's salary.
  • Innovation: Can increase your salary by up to 40%.
  • Client Relationship: Can increase your salary by up to 32%.
  • Integrity: Can increase your salary by up to 28%.
Skill Salary Salary % Increase
Innovation
$262,766
40%
Client Relationship
$247,751
32%
Integrity
$240,243
28%
Prioritization
$236,489
26%
CRM
$230,859
23%
Consulting
$223,351
19%
Get Latest Data

Business Development Representative V Salary by Company Size: Startups vs. Enterprise

Business Development Representative V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $210,108. While startup companies pay approximate $177,747.

Business Development Representative V Salary by Company Size

Company Size Employees Average Salary
Startup1~50$177,747
Growth Stage51~500$187,988
Established501~5000$202,897
Enterprise5000+$210,108

Business Development Representative V Salary by Industry: Top Paying Sectors

For Business Development Representative V roles, the industry you choose can affect earning potential by as much as 42% (the gap between the highest and lowest paying industries). Data shows that the Internet and Energy & Utilities sectors offer the strongest compensation, at 18% above the average. In contrast, Business Development Representative positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Business Development Representative V as a support function rather than a direct revenue driver.

The top paying industries for a Business Development Representative V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Internet$221,474$106.018%
Energy & Utilities$215,843$104.015%
Financial Services$215,843$104.015%
Pharmaceuticals$215,843$104.015%
Software & Networking$213,967$103.014%

Business Development Representative V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Business Development Representative V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Business Development Representative V Salary Growth & Career Path

For a Business Development Representative V, the most direct path to higher earnings is advancing to the Business Prospect Development Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $128,730 - a projected growth of -31% over your current level.

Find Your Next Business Development Representative V Job

Ready to take the next step in your career? Browse thousands of current Business Development Representative V job openings on our job board. Use the search bar below to find your perfect match.

United States
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    Chatham, NJ

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    Chatham, NJ

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    Chatham, NJ

    CNA

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    Chatham, NJ

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