How much does a Business Development Associate IV make in the United States? The average Business Development Associate IV salary in the United States is $142,650 as of February 26, 2024, but the range typically falls between $127,719 and $158,938. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Business Development Associate IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Development Associate IV Salary $114,126 US February 26, 2024
25th Percentile Business Development Associate IV Salary $127,719 US February 26, 2024
50th Percentile Business Development Associate IV Salary $142,650 US February 26, 2024
75th Percentile Business Development Associate IV Salary $158,938 US February 26, 2024
90th Percentile Business Development Associate IV Salary $173,768 US February 26, 2024
25% $127,719 10% $114,126 90% $173,768 75% $158,938 $142,650 50%(Median) Didn’t find job title? Click
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What skills does a Business Development Associate IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

B2B: B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).

3.

Inside Sales: Selling products or services remotely via phone, email, and other digital channels.

Customer Service 3.83%
B2B 1.92%
Inside Sales 1.35%
Others 92.9%

Job Description for Business Development Associate IV

Business Development Associate IV identifies and nurtures strategic relationships with partners or potential customers. Assists in the development of a strong pipeline of new business opportunities through direct or indirect customer contact and prospecting. Being a Business Development Associate IV researches and analyzes current and future business opportunities. Works with marketing, sales, and product development teams to implement business development initiatives. Additionally, Business Development Associate IV requires a bachelor's degree in business, finance or marketing. Typically reports to a supervisor or manager. The Business Development Associate IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Business Development Associate IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Business Development Associate IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Business Development Associate IV, the first career path typically starts with a Business Development Associate V position, and then progresses to Business Development Supervisor.

Additionally, the second career path typically starts with a Business Development Manager - Biotech position, and then progresses to Business Development Director - Biotech.

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Business Development Associate IV salary varies from city to city. Compared with national average salary of Business Development Associate IV, the highest Business Development Associate IV salary is in San Francisco, CA, where the Business Development Associate IV salary is 25.0% above. The lowest Business Development Associate IV salary is in Miami, FL, where the Business Development Associate IV salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Business Development Associate IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
127719
158938
142650

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
139638
180240
158687
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Associate IV in the United States. The base salary for Business Development Associate IV ranges from $127,719 to $158,938 with the average base salary of $142,650. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $139,638 to $180,240 with the average total cash compensation of $158,687.
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127719
158938

 

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Skills associated with Business Development Associate IV: Market Analysis, Prospecting, Lead Management, Competitor Analysis ...More

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Business Development Associate IV Salary in United States
Business Development Associate IV Salary Graph, Regional Distribution and Summary