How much does a Business Development Manager make in the United States? The average Business Development Manager salary in the United States is $131,466 as of January 26, 2023, but the range typically falls between $113,965 and $151,054. 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. 

Based on HR-reported data: a national average with a geographic differential
25% $113,965 10% $98,031 90% $168,889 75% $151,054 $131,466 50%(Median)
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Job Description for Business Development Manager

Business Development Manager manages the daily execution of the business development strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Coaches teams in best practices and effective tactics for prospecting new markets, partners, channels, and customers. Being a Business Development Manager establishes team targets and metrics to measure the achievement of objectives. Develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Additionally, Business Development Manager makes suggestions for new product offerings or improvements to sales or marketing efforts. May administer or negotiate new business proposals and prepare contracts. Typically requires a bachelor's degree. Typically reports to a director. The Business Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Business Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2023 Salary.com)... View full job description

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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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Average Base Salary

Core compensation

 
 
 
113965
151054
131466

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
123251
171250
144953
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Manager in the United States. The base salary for Business Development Manager ranges from $113,965 to $151,054 with the average base salary of $131,466. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $123,251 to $171,250 with the average total cash compensation of $144,953.
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113965
151054

 

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Skills associated with Business Development Manager: Business Development, Lead Generation, Marketing Operations, Competitor Analysis ...More

Recently searched related titles: Corporate Development Manager

Salary estimation for Business Development Manager at companies like : FONAR CORP, INTERPACE BIOSCIENCES INC, Precipio, Inc.

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