Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Business Executive in Maryland is $76,172 per year, which breaks down to an hourly rate of $37.
However, a Business Executive's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Recruit with AI
Business Executive Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $88,216 | $7,351 | $1,696 | $42 |
| Average | $76,172 | $6,348 | $1,465 | $37 |
| 25th Percentile | $70,894 | $5,908 | $1,363 | $34 |
Oliver Wyman, LLC - Frederick, MD
Point Broadband - Hagerstown, MD
Sinclair Broadcast Group - Cockeysville, MD
Guardian Fire Protection Services, LLC - Derwood, MD
A Business Executive'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Business Executive'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 |
|---|---|
| Digital C... Level Business Executive | $62,179 |
| Business ... Level Business Executive | $75,286 |
| Digital C... Level Business Executive | $99,002 |
| Digital C... Level Business Executive | $117,252 |
| Digital C... Level Business Executive | $127,032 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Business Executives. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. 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 U.S. cities:
For Business Executive roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Business Executive positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Business Executive as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $91,406 | $44.0 | 20% |
| Biotechnology | $87,598 | $42.0 | 15% |
| Chemicals | $83,789 | $40.0 | 10% |
| Financial Services | $83,789 | $40.0 | 10% |
| Insurance | $83,789 | $40.0 | 10% |
Understanding how a Business Executive'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 | $88,216 | $7,351 | $1,696 | $42 |
| Average | $76,172 | $6,348 | $1,465 | $37 |
| 25th Percentile | $70,894 | $5,908 | $1,363 | $34 |
Ready to take the next step in your career? Browse thousands of current Business Executive job openings on our job board. Use the search bar below to find your perfect match.
Tejjy
Rockville, MD
Tejjy | Rockville, MD
Business Development Executive. We're looking for a dynamic Business Development Executive to join our Sales and Marketing Team in Maryland, USA. Preferred... more
4 Days Ago
Gables Search Group
Baltimore, MD
Gables Search Group | Baltimore, MD
Business Development Executive. Our client is a global chemical distribution company seeking a Business Development Executive for its division in North Ame... more
5 Days Ago
Ford Office Technologies
Frederick, MD
Ford Office Technologies | Frederick, MD
Business Development Executive. The Business Development Executive is responsible for driving company growth by identifying new business opportunities, bui... more
6 Days Ago
Allegis Group
Hanover, MD
Allegis Group | Hanover, MD
CareerCircle Business Development Executive. CareerCircle is a modern talent platform built to connect upskilled, job-ready individuals with top employers ... more
7 Days Ago
Allegis Group
Hanover, MD
Allegis Group | Hanover, MD
Enterprise Business Development Leader. CareerCircle is a workforce solutions company that connects talent to opportunity through three core services: help... more
4 Days Ago
ZoomInfo
Bethesda, MD
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
