As of March 01, 2025, the average annual salary for a Business Development Manager - Biotech in Chicago, IL is $138,712. According to Salary.com, salaries can range from a low of $110,727 to a high of $164,984, with most professionals earning between $124,064 and $152,464.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $145,342 | $12,112 | $2,795 | $70 |
| Average | $132,233 | $11,019 | $2,543 | $64 |
| 25th Percentile | $118,268 | $9,856 | $2,274 | $57 |
An entry-level Business Development Manager - Biotech with under 1 year experience makes about $131,984. With less than 2 years of experience, a mid-level Business Development Manager - Biotech makes around $132,633. After 2-4 years, the Business Development Manager - Biotech pay rises to about $135,882. Those senior Business Development Manager - Biotech with 5-8 years of experience earn roughly $140,854, and those Business Development Manager - Biotech having 8 years or more experience are expected to earn about $142,480 on average.
| Levels | Salary |
|---|---|
| Entry Level Business Development Manager - Biotech | $131,984 |
| Intermediate Level Business Development Manager - Biotech | $132,633 |
| Senior Level Business Development Manager - Biotech | $135,882 |
| Specialist Level Business Development Manager - Biotech | $140,854 |
| Expert Level Business Development Manager - Biotech | $142,480 |
| Entry Level | 0% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 7% |
| Experienced | 8% |
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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.
Presentation: 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.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Cold Calling: 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.
