As of August 01, 2026, the average salary for a Business Development Manager, Sr. in the United States is $174,054 per year, which breaks down to an hourly rate of $84.
However, a Business Development Manager, Sr.'s salary can vary significantly. Here’s a look at the typical salary range:
Business Development Manager, Sr. Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $179,826 | $14,986 | $3,458 | $86 |
| Average | $174,054 | $14,505 | $3,347 | $84 |
| 25th Percentile | $158,023 | $13,169 | $3,039 | $76 |
A Business Development Manager, Sr.'s salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Business Development Manager, Sr.'s salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Business Development Supervisor | 10+ years | $114,575 |
| Business Development Manager | 10+ years | $132,320 |
| Business Development Manager, Sr. | 10+ years | $174,054 |
| Business Development Director | 10+ years | $210,767 |
| Vice President of Business Development | 10+ years | $271,011 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 4.56% |
| Microsoft Office | 1.71% |
| Salesforce | 1.15% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Business Development Manager, Sr.'s salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Insight | $186,238 | |
| Effective Communication | $186,238 | |
| Negotiating | $184,497 |
Business Development Manager, Sr. salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $194,843. While startup companies pay approximate $164,833.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $164,833 |
| Growth Stage | 51~500 | $174,330 |
| Established | 501~5000 | $188,156 |
| Enterprise | 5000+ | $194,843 |
Your level of education can impact your salary potential. While many Business Development Manager, Sr. enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Business Development Manager, Sr. with a Bachelor's Degree is between $174,256 and $185,257.
| Typical Education for Business Development Manager, Sr. | |
|---|---|
| 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% |
Understanding how a Business Development Manager, Sr.'s annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $179,826 | $14,986 | $3,458 | $86 |
| Average | $174,054 | $14,505 | $3,347 | $84 |
| 25th Percentile | $158,023 | $13,169 | $3,039 | $76 |
Next Role
Advancement
For a Business Development Manager, Sr., the most direct path to higher earnings is advancing to the Business Development Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $210,767 - a projected growth of 21% over your current level.
Salaries for a Business Development Manager, Sr. can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $165,886 in 2023 to around $163,192 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Business Development Manager, Sr. salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $165,886 |
| 2024 | $164,844 |
| 2025 | $163,192 |
| 2026 |
View More
|
| 2027 |
View More
|
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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 $219,534.
The highest pay for Business Development Manager, Sr. is $185,081.
The lowest pay for Business Development Manager, Sr. is $143,428.
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. 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. 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. 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. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
The Software & Networking industry offers the highest average compensation for Business Development Manager, Sr. roles, with salaries approximately 20% above the market median.
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