As of August 01, 2026, the average salary for a Business Development Officer in Cherry, IL is $127,477 per year, which breaks down to an hourly rate of $61.
However, a Business Development Officer's salary can vary significantly. Here’s a look at the typical salary range:
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A Business Development Officer'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 Officer'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 |
|---|---|
| Business ... Level Business Development Officer | $159,719 |
| Business ... Level Business Development Officer | $109,547 |
| Business ... Level Business Development Officer | $126,513 |
| Business ... Level Business Development Officer | $166,416 |
| Business ... Level Business Development Officer | $201,518 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 5.51% |
| Microsoft Office | 1.63% |
| Account Management | 1.07% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Collaboration
|
$132,576 |
4%
|
|
Consulting
|
$132,576 |
4%
|
|
Project Management
|
$132,576 |
4%
|
|
RFP
|
$132,576 |
4%
|
|
Innovation
|
$132,576 |
4%
|
|
Insight
|
$132,576 |
4%
|
For Business Development Officer roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Business Development Officer positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Business Development Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $191,216 | $92.0 | 50% |
| Aerospace & Defense | $165,720 | $80.0 | 30% |
Understanding how a Business Development Officer'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.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Business Development Officer job openings on our job board. Use the search bar below to find your perfect match.
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