The salary of a Business Development Manager, Sr. in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Business Development Manager, Sr. in the United States is $183,517. According to Salary.com, salaries can range from a low of $145,710 to a high of $226,726, with most professionals earning between $163,728 and $206,134.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $206,134 | $17,178 | $3,964 | $99 |
| Average | $183,517 | $15,293 | $3,529 | $88 |
| 25th Percentile | $163,728 | $13,644 | $3,149 | $79 |
An entry-level Business Development Manager, Sr. with less than 1 year of experience earns about $173,404. With 1-2 years of experience, the average salary increases to $174,824. For 2-4 years of experience, the pay typically rises to $177,663. Senior-level professionals with 5-8 years of experience earn around $181,921, and those with over 8 years of experience can expect an average of $190,262.
| Levels | Salary |
|---|---|
| Entry Level Business Development Manager, Sr. | $173,404 |
| Intermediate Level Business Development Manager, Sr. | $174,824 |
| Senior Level Business Development Manager, Sr. | $177,663 |
| Specialist Level Business Development Manager, Sr. | $181,921 |
| Expert Level Business Development Manager, Sr. | $190,262 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Business Development Manager, Sr. compensation over the past six years. For example, the median salary increased from $165,886 in 2023 to approximately $164,844 in 2024. (For a detailed analysis of Business Development Manager, Sr. salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Business Development Manager, Sr. information for you to search for. Click on search button below to see Business Development Manager, Sr. job openings or enter a new job title here.
Here are companies hiring for Business Development Manager, Sr. and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $183,517 | 65.0% | ||
| Bonus | $26,544 | 9.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,499 | 4.8% | ||
| 401K/403B | $8,823 | 3.1% | ||
| Disability | $4,201 | 1.5% | ||
| Healthcare | $8,352 | 3.0% | ||
| Pension | $11,343 | 4.0% | ||
| Time Off | $25,854 | 9.2% | ||
| Total Compensation | $282,134 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.8% |
| High School | 2.6% |
| Associates | 2.8% |
| Bachelors | 38.8% |
| Masters | 51.7% |
| Doctorate | 3.3% |
What Am I Worth?
The average annual salary of Business Development Manager, Sr. is $183,517. In case you are finding an easy salary calculator, the average hourly pay of Business Development Manager, Sr. is $88; the average weekly pay of Business Development Manager, Sr. is $3,529; the average monthly pay of Business Development Manager, Sr. is $15,293.
A Business Development Manager, Sr.'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Business Development Manager, Sr. earns the most in San Jose, CA, where the annual salary of a Business Development Manager, Sr. is $230,314.
The highest pay for Business Development Manager, Sr. is $226,726.
The lowest pay for Business Development Manager, Sr. is $145,710.
Business Development Manager, Sr. 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, Sr. 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, Sr. 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, Sr. typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Business Development Manager, Sr. typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
Salesforce: Designing and maintaining a cloud-based software that provides customer relationship management (CRM) service for a better experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
