Business Development Manager Salary in the United States

How much does a Business Development Manager make in the United States? The average Business Development Manager salary in the United States is $123,396 as of April 27, 2019, but the range typically falls between $99,863 and $146,239. 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.  View the Cost of Living in Major Cities

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Job Description

Business Development Manager creates business strategies to facilitate company growth. Identifies and helps to develop strategic relationships with partners or potential customers. Being a Business Development Manager 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. Additionally, Business Development Manager 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. The Business Development 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. To be a Business Development Manager typically requires 4 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
99863
146239
123396

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
107743
164651
135215
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Manager in the United States. The base salary for Business Development Manager ranges from $99,863 to $146,239 with the average base salary of $123,396. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $107,743 to $164,651 with the average total cash compensation of $135,215.
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99863
146239

 

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Career Path for this job

  1. Down a level:

    Business Development Supervisor

    3 + years experience
    Bachelor's Degree

  2. This Job:

    Business Development Manager

    4 + years experience
    Bachelor's Degree

  3. Up a level:

    Business Development Manager, Sr.


    Bachelor's Degree

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