How much does a Business Development Director make in Sterling Heights, MI? The average Business Development Director salary in Sterling Heights, MI is $206,379 as of February 26, 2024, but the range typically falls between $184,462 and $228,753. 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 Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Development Director Salary $164,508 Sterling Heights,MI February 26, 2024
25th Percentile Business Development Director Salary $184,462 Sterling Heights,MI February 26, 2024
50th Percentile Business Development Director Salary $206,379 Sterling Heights,MI February 26, 2024
75th Percentile Business Development Director Salary $228,753 Sterling Heights,MI February 26, 2024
90th Percentile Business Development Director Salary $249,123 Sterling Heights,MI February 26, 2024
25% $184,462 10% $164,508 90% $249,123 75% $228,753 $206,379 50%(Median) Didn’t find job title? Click
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Business Development Director

Source Global, PBC - Los Angeles, CA

What skills does a Business Development Director 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.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

3.

salesforce: Designing and maintaining a cloud-based software that provides customer relationship management (CRM) service for a better experience.

Leadership 24.17%
Economics 2.37%
salesforce 3.03%
Others 70.43%

Job Description for Business Development Director

Business Development Director directs the execution of the business development vision, strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Identifies and evaluates new markets, partners, channels, and customers. Being a Business Development Director develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Oversees the development of proposals and contracts for new business opportunities and manages negotiations. Additionally, Business Development Director collaborates with marketing, sales, product development, and other stakeholders to support business development plans. Requires a bachelor's degree. Typically reports to top management. The Business Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Business Development Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Business Development Director in Sterling Heights, MI

Career Path for Business Development Director

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 Director, the upper level is Vice President of Business Development and then progresses to Senior Vice President of Business Development.

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Business Development Director salary varies from city to city. Compared with national average salary of Business Development Director, the highest Business Development Director salary is in San Francisco, CA, where the Business Development Director salary is 25.0% above. The lowest Business Development Director salary is in Miami, FL, where the Business Development Director salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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 Director, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
184462
228753
206379

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
211469
280990
243661
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Director in Sterling Heights, MI. The base salary for Business Development Director ranges from $184,462 to $228,753 with the average base salary of $206,379. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $211,469 to $280,990 with the average total cash compensation of $243,661.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

184462
228753

 

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How much should you be paid?

About Sterling Heights, Michigan    Sterling Heights is a city in Macomb County of the U.S. state of Michigan, and one of Detroit's core suburbs. As of the 2010 census, the city had a to....More

Sterling Heights, Michigan  area prices were up 1.2% from a year ago    View the Cost of Living in Sterling Heights, Michigan

Business Development Director Salary in popular cities: DetroitGrand RapidsWarren

Skills associated with Business Development Director: Competitor Analysis, Relationship Marketing, Marketing Analytics, Customer Relationship Management (CRM) software ...More

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