As of August 01, 2026, the average salary for a New Business Development Manager in Penryn, CA is $142,510 per year, which breaks down to an hourly rate of $69.
However, a New Business Development Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A New Business Development Manager'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 New Business Development Manager'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 New Business Development Manager | $178,554 |
| Business ... Level New Business Development Manager | $122,466 |
| New Busin... Level New Business Development Manager | $141,433 |
| Business ... Level New Business Development Manager | $186,041 |
| Business ... Level New Business Development Manager | $225,282 |
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
|
$148,211 |
4%
|
|
Consulting
|
$148,211 |
4%
|
|
Project Management
|
$148,211 |
4%
|
|
RFP
|
$148,211 |
4%
|
|
Innovation
|
$148,211 |
4%
|
|
Insight
|
$148,211 |
4%
|
For New Business Development Manager 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, New Business Development Manager positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view New Business Development Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $213,765 | $103.0 | 50% |
| Aerospace & Defense | $185,263 | $89.0 | 30% |
Understanding how a New Business Development Manager'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 New Business Development Manager job openings on our job board. Use the search bar below to find your perfect match.
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