What is the average Business Development salary for Sioux Falls, SD?
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As of January 20, 2020, the average Business Development salary in Sioux Falls, SD is $176,169. The chart below represents localized salaries for some of our most popular Business Development job titles in Sioux Falls, SD. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Business Development job titles in Sioux Falls, SD. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Business Development Salaries in Sioux Falls, SD
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Business Development Manager | $109,968 | $52.87 | Sioux Falls, SD | January 20, 2020 |
| Business Development Director | $160,467 | $77.15 | Sioux Falls, SD | January 20, 2020 |
| Business Development Associate | $61,564 | $29.60 | Sioux Falls, SD | January 20, 2020 |
| Business Development Manager, Sr. | $143,576 | $69.03 | Sioux Falls, SD | January 20, 2020 |
| Top Business Development Executive | $248,515 | $119.48 | Sioux Falls, SD | January 20, 2020 |
| Business Development Associate, Sr. | $86,853 | $41.76 | Sioux Falls, SD | January 20, 2020 |
| Business Development Director - Biotech | $135,615 | $65.20 | Sioux Falls, SD | January 20, 2020 |
| Business Development Manager - Biotech | $103,470 | $49.74 | Sioux Falls, SD | January 20, 2020 |
| E-Business Development Manager | $120,767 | $58.06 | Sioux Falls, SD | January 20, 2020 |
| Business Development Officer (Select Customer),Sr. | $101,228 | $48.67 | Sioux Falls, SD | January 20, 2020 |
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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 in business. Typically reports to 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. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. Business Development Manager Salaries in Sioux Falls, SDAlternate Job Titles:Manager Business Growth and Development, Market/Partner Development Manager, Business Development Manager
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Directs, establishes, maintains, and plans the overall policies and goals for a business development department. Develops and maintains client relationships. Identifies potential business partners and negotiates agreements. Works with other departments to ensure alignment of company goals, as set by senior management. Ensures business growth strategies are met. Requires a bachelor's degree of Marketing, Journalism, Public Relations or its equivalent. Typically reports to top management. 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 7+ years of related experience. Business Development Director Salaries in Sioux Falls, SDAlternate Job Titles:Director Business Growth and Development, Market/Partner Development Director, Strategic Business Development Director, Business Development Director
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Identifies and helps to develop strategic relationships with partners or potential customers. Assists in the development of a strong pipeline of new business opportunities through direct or indirect customer contact and prospecting. Works with marketing, sales, and product development teams to implement business development initiatives. Requires a bachelor's degree of business, finance or marketing. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience. Business Development Associate Salaries in Sioux Falls, SDAlternate Job Titles:Business Development Representative, Business Prospector, Lead Development Representative, Market/Partner Developer, Business Development Associate
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Seeks opportunities for business development within a defined area or sector. Leads expansion into new markets to support the overall growth strategy. Builds relationships with existing clients in an attempt to increase their current investment. Reviews and analyzes the results of past campaigns to facilitate development of new initiatives and partnerships. Requires a bachelor's degree or its equivalent. Typically reports to a Director or a VP. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 5+ years of managerial experience. Business Development Manager, Sr. Salaries in Sioux Falls, SDAlternate Job Titles:Market/Partner Senior Development Manager, Senior Manager Business Growth and Development, Business Development Manager, Sr.
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Plans and directs all aspects of an organization's business development policies, objectives, and initiatives. Responsible for developing new market initiatives, assessing new markets, and analyzing business opportunities. Conducts financial feasibility studies and develops proposals for new business opportunities. May also be accountable for licensing initiatives and programs; duties include negotiating contracts, initiating proposals, and closing deals. Requires a bachelor's degree. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. Top Business Development Executive Salaries in Sioux Falls, SDAlternate Job Titles:Business Development Executive, Chief Business Development Executive, Chief Business Development Officer, Head of Business Development, Vice President of Business Development, VP of Business Development, Top Business Development Executive
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Identifies and helps develop strategic relationships with partners or potential customers. Researches and analyzes current and future business opportunities. Assists in the development of a strong pipeline of new customers and projects in accounts through direct or indirect customer contact and prospecting. Works with marketing, sales, and product development teams to implement business development initiatives. Requires a bachelor's degree. Typically reports to a supervisor or manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. Business Development Associate, Sr. Salaries in Sioux Falls, SDAlternate Job Titles:Market/Partner Senior Developer, Senior Business Development Representative, Senior Business Prospector, Senior Lead Development Representative, Business Development Associate, Sr.
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Supports top management by providing analysis for evaluating new business opportunities such as in/out licensing, collaborative research and development agreements, joint ventures, mergers and acquisitions. Oversees business development activities through subordinate managers. Requires an MBA and at least 5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to top management. Business Development Director - Biotech Salaries in Sioux Falls, SD
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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. 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. 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. Business Development Manager - Biotech Salaries in Sioux Falls, SD
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Maintains and plans an organization's overall policies and goals regarding e-business development. Develops and manages organizational changes needed to meet goals involving e-business strategies. Identifies potential business partners and negotiates agreements. May coordinate and negotiate with various departments including product development, marketing and/or sales group. Requires a bachelor's degree in a related area. Typically reports to top management. 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 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. E-Business Development Manager Salaries in Sioux Falls, SDAlternate Job Titles:Digital and E-commerce Business Development Manager, E-Business Development Manager
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Develops and implements select customer referral strategies in order to increase client satisfaction and portfolio growth for affluent professional customers. Responsible for initial relationship and follow-up with prospects. Represents the bank to current and prospective customers and communicates directly with them. Develops and executes marketing and sales strategies according to business objectives. Prepares and presents sales results to top management. Retains and expands existing customer relationships and acquires new customers. May require a bachelor's degree. Typically reports to a manager or head of a unit/department. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Typically requires 7+ years of related experience. Business Development Officer (Select Customer),Sr. Salaries in Sioux Falls, SDAlternate Job Titles:Business Development Senior Officer - Affluent Clients, Business Development Officer (Select Customer),Sr.