Alternate Job Titles: Business Development Manager
How much does a Business Development Manager make? The median annual Business Development Manager salary is $118,408, as of September 27, 2017, with a range usually between $95,828-$140,329, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Business Development Manager in the United States.
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This chart describes the expected percentage of people who perform the job of Business Development Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Business Development Manager in the United States is $118,408, so 50% of the people who perform the job of Business Development Manager in the United States are expected to make less than $118,408.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Business Development Manager that make less than that salary. For example 50% of the people who perform the job of Business Development Manager are expected to make less than the median.
Source: HR Reported data as of October 2017
Creates business strategies to facilitate company growth. Identifies and helps to develop strategic relationships with partners or potential customers. Works with other departments to ensure alignment of company goals, as set by senior management. Evaluates appropriate information to forecast the return on future business transactions. Designs and determines terms of business agreements. Requires a bachelor's degree of business, finance or marketing or its equivalent. Typically reports to an executive or a manager. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 4 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. View full job description