How Much Does a New Business Development Specialist Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$107,816/yr
Average Base Pay
Low $94,860
Average $107,816
High $120,962
The average salary for New Business Development Specialist is $107,816 per year in the United States.

Related Job Titles to New Business Development Specialist

New Business Development
$327,185
US
Per Year
New Business Specialist
$45,898
US
Per Year
New Business Development Manager
$140,832
US
Per Year
Director Of New Business Development
$203,663
US
Per Year

Similar Job Salaries to New Business Development Specialist by Company

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Company average base salary in (usd) range
The Havas Group
Specialist, New Business Development
$109,282/yr
$95,218
$123,346
RANGE: $95,218 - $123,346
American Capital Financial Services
New Business Development Specialist- Inside Sales
$90,118/yr
$74,024
$106,212
RANGE: $74,024 - $106,212
Chemical Management Co., Inc.
Laboratory Application Specialist (New Business Development)
$88,671/yr
$76,871
$100,471
RANGE: $76,871 - $100,471
MaineLine Graphics
New Business Development Representative
$101,381/yr
$85,531
$117,232
RANGE: $85,531 - $117,232
dancker
New Business Development - ForBuild
$336,055/yr
$258,159
$413,952
RANGE: $258,159 - $413,952
Craftsmen Industries
New Business Development Representative
$90,536/yr
$78,131
$102,941
RANGE: $78,131 - $102,941
Panek Precision
New Business Development Manager
$140,445/yr
$117,349
$163,541
RANGE: $117,349 - $163,541
Community Roofing Services LLC
New Business Development Associate
$112,975/yr
$93,624
$132,326
RANGE: $93,624 - $132,326
DAP
New Business Development Intern
$99,283/yr
$85,757
$112,809
RANGE: $85,757 - $112,809
Overdrive Interactive
New Business Development Manager
$136,212/yr
$116,409
$156,015
RANGE: $116,409 - $156,015

What Does a New Business Development Specialist Do?

The core duties for a Business Development Specialist are to identify, evaluate and design plans that help an organization grow as well as develop new products, services and lines of businesses to increase and sustain that growth.
Updated December 22, 2021
As a Business Development Specialist, you will help drive the growth of platform, services, and solutions.
Updated December 17, 2021
If you are thinking of becoming a Business Development Specialist or planning the next step in your career, find details about.
Updated December 17, 2021
Your role will be to seek new business opportunities by contacting and developing relationships with potential customers.
Updated December 11, 2021
In order to have an understanding of how a brand can be positioned in a certain industry, the Business Development Specialist must conduct extensive market research.
Updated December 09, 2021

Frequently Asked Questions About a New Business Development Specialist Salaries

What is the average of a New Business Development Specialist in the United States?

The New Business Development Specialist salary range is from $94,860 to $120,962, and the average New Business Development Specialist salary is $107,816/year in the United States. The New Business Development Specialist's salary will change in different locations.

Which location pays the highest New Business Development Specialist salary in the United States?

The New Business Development Specialist salary in San Jose, CA is $135,310 which is the highest in the US.

What kinds of reasons will influence the New Business Development Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of New Business Development Specialist.

What is the growth rate of the New Business Development Specialist's salary?

If you are thinking of becoming a New Business Development Specialist or planning the next step in your career, find the detailed salary report of a New Business Development Specialist.

Recent Salary Report

Below are the most recent New Business Development Specialist salary reports. Employer name has been removed to protect anonymity.

$46 Hourly
A New Business Development Specialist in Cary, NC reported making $46 per hour
Cary, NC
3,000 - 7,6 employees
Part-Time
Company - Public
$98,819 Yearly
A New Business Development Specialist in Elgin, IL reported making $98,819 per year
Elgin, IL
6 - 1,000 employees
Full-Time
Company - Private
$102,778 Yearly
A New Business Development Specialist in Oceanside, CA reported making $102,778 per year
Oceanside, CA
100 - 200 employees
Full-Time
Company - Private
$8,835 Monthly
A New Business Development Specialist in East Orange, NJ reported making $8,835 per month
East Orange, NJ
1,000 - 3,000 employees
Full-Time
Company - Public
$92,341 Yearly
A New Business Development Specialist in Newark, OH reported making $92,341 per year
Newark, OH
200 - 6 employees
Full-Time
Company - Private
$63 Hourly
A New Business Development Specialist in Salt Lake City, UT reported making $63 per hour
Salt Lake City, UT
7,6 - 15,000 employees
Part-Time
Company - Public