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Business Development Manager Salary in Novi, Michigan

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Business Development Manager Salary in Novi, MI

What is the salary range of Business Development Manager?

As of December 01, 2024, the average annual pay of Business Development Manager in Novi, MI is $145,259. While Salary.com is seeing that Business Development Manager salary in Novi, MI can go up to $183,172 or down to $109,378, but most earn between $126,478 and $165,104. Salary.com shows 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.

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Business Development Manager Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $161,708 $13,476 $3,110 $78
Average $142,271 $11,856 $2,736 $68
25th Percentile $123,876 $10,323 $2,382 $60
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Average Salary

25% $126,478 10% $109,378 90% $183,172 75% $165,104 $145,259 50%(Median) Didn’t find job title? Click
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View Business Development Manager Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Business Development Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Business Development Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$123,876
Average
$142,271/year
$161,708
$10,323
Average
$11,856/month
$13,476
$2,382
Average
$2,736/week
$3,110
$60
Average
$68/hour
$78
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $161,708 $13,476 $3,110 $78
Average $142,271 $11,856 $2,736 $68
25th Percentile $123,876 $10,323 $2,382 $60
Last Updated on December 01, 2024

View Business Development Manager Salary by Experience Levels

An entry-level Business Development Manager with under 1 year experience makes about $138,388. With less than 2 years of experience, a mid-level Business Development Manager makes around $138,946. After 2-4 years, the Business Development Manager pay rises to about $141,735. Those senior Business Development Manager with 5-8 years of experience earn roughly $146,588, and those Business Development Manager having 8 years or more experience are expected to earn about $152,482 on average.

Levels Salary
Entry Level Business Development Manager $138,388
Intermediate Level Business Development Manager $138,946
Senior Level Business Development Manager $141,735
Specialist Level Business Development Manager $146,588
Expert Level Business Development Manager $152,482
$138,388 0 yr
$138,946 < 2 yrs
$141,735 2-4 yrs
$146,588 5-8 yrs
$152,482 > 8 yrs
Last Updated on December 01, 2024
Entry Level 3%
Mid Level 2%
Senior Level 0%
Top Level 3%
Experienced 7%
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Last Updated on December 01, 2024

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Cost of Living In Novi, MI

Cost of Living in Novi , MI is
10.6% Higher
than the National Average
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Best-Paid Skills and Qualifications for Business Development Manager

What skills does a Business Development Manager 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.

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.

2.

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.

3.

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

See More Skills
Presentation 5.27%
Microsoft Office 1.56%
Promotion 0.99%
Others 92.18%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Business Development Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Collaboration, you can get a 4% salary raise. If you are good at Consulting, your salary will increase by 4%. If you are expert in Project Management, your salary will rise by 4%.
Skill Salary Demand
Collaboration
 $151,069
4%
Consulting
 $151,069
4%
Project Management
 $151,069
4%
RFP
 $151,069
4%
Innovation
 $151,069
4%
Insight
 $151,069
4%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Business Development Manager is $145,259 per year in Novi, MI, updated at December 01, 2024.
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