How much does a Business Development Manager - Biotech make in Hoffman Estates, IL? The average Business Development Manager - Biotech salary in Hoffman Estates, IL is $134,915 as of April 24, 2024, but the range typically falls between $120,668 and $148,291. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Business Development Manager - Biotech Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Development Manager - Biotech Salary $107,696 Hoffman Estates,IL April 24, 2024
25th Percentile Business Development Manager - Biotech Salary $120,668 Hoffman Estates,IL April 24, 2024
50th Percentile Business Development Manager - Biotech Salary $134,915 Hoffman Estates,IL April 24, 2024
75th Percentile Business Development Manager - Biotech Salary $148,291 Hoffman Estates,IL April 24, 2024
90th Percentile Business Development Manager - Biotech Salary $160,468 Hoffman Estates,IL April 24, 2024
25% $120,668 10% $107,696 90% $160,468 75% $148,291 $134,915 50%(Median) Didn’t find job title? Click
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What skills does a Business Development Manager - Biotech need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.

2.

Cold Calling: Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well.

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Presentation 5.7%
Cold Calling 0.95%
Microsoft Office 1.55%
Others 91.8%

Job Description for Business Development Manager - Biotech

Business Development Manager - Biotech supports management by providing analysis for evaluating new business opportunities such as in/out licensing, collaborative research and development agreements, joint ventures, mergers and acquisitions. May manage activities through subordinate supervisors. Being a Business Development Manager - Biotech requires an MBA and at least 3-5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Additionally, Business Development Manager - Biotech relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. May lead and direct the work of others. A wide degree of creativity and latitude is expected. Typically reports to a manager or head of a unit/department. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Business Development Manager - Biotech in Hoffman Estates, IL
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Career Path for Business Development Manager - Biotech

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Business Development Manager - Biotech, the first career path typically starts with a Business Development Manager, Sr. position, and then progresses to Business Development Director.

Additionally, the second career path typically progresses to Business Development Director - Biotech.

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Business Development Manager - Biotech salary varies from city to city. Compared with national average salary of Business Development Manager - Biotech, the highest Business Development Manager - Biotech salary is in San Francisco, CA, where the Business Development Manager - Biotech salary is 25.0% above. The lowest Business Development Manager - Biotech salary is in Miami, FL, where the Business Development Manager - Biotech salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Business Development Manager - Biotech, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
120668
148291
134915

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
124420
160856
145012
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Manager - Biotech in Hoffman Estates, IL. The base salary for Business Development Manager - Biotech ranges from $120,668 to $148,291 with the average base salary of $134,915. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,420 to $160,856 with the average total cash compensation of $145,012.
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For a real-time salary target, tell us more about your role in the four categories below.

120668
148291

 

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About Hoffman Estates, Illinois    Hoffman Estates is a village in Illinois, United States. The village is located primarily in Cook County, with a small section in Kane County. It is a....More

Hoffman Estates, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Hoffman Estates, Illinois

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