How Much Does a New Business Development Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of New Business Development in the United States is $343,920. While Salary.com is seeing that New Business Development salary in the US can go up to $461,742 or down to $231,620, but most earn between $285,138 and $405,592. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $285,138 10% $231,620 90% $461,742 75% $405,592 $343,920 50%(Median)
Related Job Titles to New Business Development
New Business Development Manager
$145,772
US
Per Year
New Business Development Specialist
$111,115
US
Per Year
Director Of New Business Development
$210,682
US
Per Year
Annuities Supervisor (New Business)
$69,877
US
Per Year
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Similar Job Salaries to New Business Development by Company

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Company average base salary in (usd) range
Milner Document Products
New Business Development
$196,576/yr
$174,787
$218,365
RANGE: $174,787 - $218,365
ProAmpac
New Business Development Manager
$102,687/yr
$90,358
$115,017
RANGE: $90,358 - $115,017
FastWyre Broadband
New Business Development Executive
$107,892/yr
$95,321
$120,463
RANGE: $95,321 - $120,463
Inland Label and Marketing Services
New Business Development Representative
$87,772/yr
$77,862
$97,682
RANGE: $77,862 - $97,682
Clearwave Fiber LLC
New Business Development Executive
$102,347/yr
$90,422
$114,272
RANGE: $90,422 - $114,272
ProHome, LLC
New Business Development Representative
$83,240/yr
$73,842
$92,638
RANGE: $73,842 - $92,638
InsideHigherEd
Director of New Business Development
$111,958/yr
$100,128
$123,787
RANGE: $100,128 - $123,787
Crane 1 Services, Inc.
New Business Development Manager
$102,013/yr
$90,623
$113,403
RANGE: $90,623 - $113,403
Canon U.S.A., Inc.
New Business Development Executive
$118,515/yr
$104,469
$132,560
RANGE: $104,469 - $132,560

Open New Business Development Jobs in the United States

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What Does a New Business Development Do?

When thinking about your business development strategy, you might want to consider using an online platform.
Updated December 20, 2021
By bringing all these elements together and communicating it within your team, you generate a business development strategy which is actionable and will encourage your employees, encouraging both growth and success for your business.
Updated December 15, 2021
One of the easiest ways to evaluate your progress is by looking at your sales pipeline and how it is influenced by the activities of the business development team.
Updated December 13, 2021
There are many ways to introduce new business models to new markets with new products and processes and thus generate new sales.
Updated December 13, 2021
Put simply, business development (BD) refers to the processes, strategies, and tasks intended to increase and expand opportunities within and between different companies.
Updated December 12, 2021

Frequently Asked Questions About a New Business Development Salaries

What is the average of a New Business Development in the United States?

The New Business Development salary range is from $285,138 to $405,592, and the average New Business Development salary is $343,920/year in the United States. The New Business Development's salary will change in different locations.

Which location pays the highest New Business Development salary in the United States?

The New Business Development salary in San Jose, CA is $433,786 which is the highest in the US.

What kinds of reasons will influence the New Business Development's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of New Business Development.

What is the growth rate of the New Business Development's salary?

If you are thinking of becoming a New Business Development or planning the next step in your career, find the detailed salary report of a New Business Development.

Recent Salary Report

Below are the most recent New Business Development salary reports. Employer name has been removed to protect anonymity.

$141 Hourly
A New Business Development in Newhall, CA reported making $141 per hour
Newhall, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$393,677 Yearly
A New Business Development in Daytona Beach, FL reported making $393,677 per year
Daytona Beach, FL
6 - 1,000 employees
Full-Time
Company - Private
$380,769 Yearly
A New Business Development in Fort Collins, CO reported making $380,769 per year
Fort Collins, CO
100 - 200 employees
Full-Time
Company - Private
$28,660 Monthly
A New Business Development in Richmond, VA reported making $28,660 per month
Richmond, VA
1,000 - 3,000 employees
Full-Time
Company - Public
$431,409 Yearly
A New Business Development in York, PA reported making $431,409 per year
York, PA
200 - 6 employees
Full-Time
Company - Private
$154 Hourly
A New Business Development in Clarksville, TN reported making $154 per hour
Clarksville, TN
3,000 - 7,6 employees
Part-Time
Company - Public