As of April 01, 2025, the average annual salary for a Business Development Officer (Select Customer) in the United States is $97,465. According to Salary.com, salaries can range from a low of $79,518 to a high of $105,944, with most professionals earning between $88,071 and $101,903.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $101,903 | $8,492 | $1,960 | $49 |
| Average | $97,465 | $8,122 | $1,874 | $47 |
| 25th Percentile | $88,071 | $7,339 | $1,694 | $42 |
An entry-level Business Development Officer (Select Customer) with less than 1 year of experience earns about $94,380. With 1-2 years of experience, the average salary increases to $94,661. For 2-4 years of experience, the pay typically rises to $95,782. Senior-level professionals with 5-8 years of experience earn around $97,465, and those with over 8 years of experience can expect an average of $98,922.
| Levels | Salary |
|---|---|
| Entry Level Business Development Officer (Select Customer) | $94,380 |
| Intermediate Level Business Development Officer (Select Customer) | $94,661 |
| Senior Level Business Development Officer (Select Customer) | $95,782 |
| Specialist Level Business Development Officer (Select Customer) | $97,465 |
| Expert Level Business Development Officer (Select Customer) | $98,922 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 1% |
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 April 01, 2025, our research reveals a significant shift in Business Development Officer (Select Customer) compensation over the past six years. For example, the median salary increased from $104,675 in 2023 to approximately $104,276 in 2024. (For a detailed analysis of Business Development Officer (Select Customer) 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 Officer (Select Customer) information for you to search for. Click on search button below to see Business Development Officer (Select Customer) job openings or enter a new job title here.
Here are companies hiring for Business Development Officer (Select Customer) and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $97,465 | 72.9% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,456 | 5.6% | ||
| 401K/403B | $4,581 | 3.4% | ||
| Disability | $780 | 0.6% | ||
| Healthcare | $6,056 | 4.5% | ||
| Pension | $5,361 | 4.0% | ||
| Time Off | $11,996 | 9.0% | ||
| Total Compensation | $133,694 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.6% |
| High School | 6.6% |
| Associates | 4.2% |
| Bachelors | 51.2% |
| Masters | 36.7% |
| Doctorate | 0.6% |
What Am I Worth?
The average annual salary of Business Development Officer (Select Customer) is $97,465. In case you are finding an easy salary calculator, the average hourly pay of Business Development Officer (Select Customer) is $47; the average weekly pay of Business Development Officer (Select Customer) is $1,874; the average monthly pay of Business Development Officer (Select Customer) is $8,122.
A Business Development Officer (Select Customer)'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 Officer (Select Customer) earns the most in San Jose, CA, where the annual salary of a Business Development Officer (Select Customer) is $122,933.
The highest pay for Business Development Officer (Select Customer) is $105,944.
The lowest pay for Business Development Officer (Select Customer) is $79,518.
Develops and implements select customer referral strategies in order to increase client satisfaction and portfolio growth for affluent professional customers. Responsible for initial relationship and follow-up with prospects. Represents the bank to current and prospective customers and communicates directly with them. Develops and executes marketing and sales strategies according to business objectives. Prepares and presents sales results to top management. Retains and expands existing customer relationships and acquires new customers. May require a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.
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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Customer Sales: Customer Sales means sales of Goods by Licensee directly or through its authorized wholesalers, representatives or distributors to retail establishments for eventual resale to the consumer.
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.
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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.
