As of November 01, 2025, the average salary for a Business Development Manager, Sr. in Merrifield, MN is $170,172 per year, which breaks down to an hourly rate of $82.
However, a Business Development Manager, Sr.'s salary can vary significantly. Here’s a look at the typical salary range:
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Business Development Manager, Sr. Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $175,513 | $14,626 | $3,375 | $84 |
| Average | $170,172 | $14,181 | $3,273 | $82 |
| 25th Percentile | $154,502 | $12,875 | $2,971 | $74 |
Northrop Grumman - Plymouth, MN
Northrop Grumman - Plymouth, MN
Northrop Grumman - Plymouth, MN
Northrop Grumman - Plymouth, MN
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, skills 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:
| Levels | Salary |
|---|---|
| Entry Level Business Development Manager, Sr. | $163,034 |
| Intermediate Level Business Development Manager, Sr. | $164,225 |
| Senior Level Business Development Manager, Sr. | $166,606 |
| Specialist Level Business Development Manager, Sr. | $170,179 |
| Expert Level Business Development Manager, Sr. | $172,039 |
What Am I Worth?
Salaries can also vary between different cities, even within the same state. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different Minnesota cities:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 4.56% |
| Microsoft Office | 1.71% |
| Salesforce | 1.15% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Insight
|
$182,084 |
7%
|
|
Effective Communication
|
$182,084 |
7%
|
|
Negotiating
|
$180,382 |
6%
|
|
Initiative
|
$178,681 |
5%
|
|
Demand Generation
|
$178,681 |
5%
|
|
Account Management
|
$178,681 |
5%
|
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 | $175,513 | $14,626 | $3,375 | $84 |
| Average | $170,172 | $14,181 | $3,273 | $82 |
| 25th Percentile | $154,502 | $12,875 | $2,971 | $74 |
Ready to take the next step in your career? Browse thousands of current Business Development Manager, Sr. job openings on our job board. Use the search bar below to find your perfect match.
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