Business Development Manager salary in US
Average Base Salary in US
$101,577
$47,289
Additional Cash Compensation
$148,866
Total Compensation
Median: 90,000
Min: $16K
Max: $285K
How Much Does a Business Development Manager Make in US?
The average salary for a Business Development Manager in US is $101,577. The average additional cash compensation for a Business Development Manager in US is $47,289. The average total compensation for a Business Development Manager in US is $148,866. Business Development Manager salaries are based on responses gathered by Built In from anonymous Business Development Manager employees in US.
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Business Development Manager
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Salary Insights
Business Development Manager Salary by gender
The average Business Development Manager salary for women is $93,438 and the average Business Development Manager salary for men is $110,480.
Business Development Manager Salary by Years of Experience
The average salary for a Business Development Manager with 7+ years of experience is $121,620. The average salary for <1 year of experience is $69,560.
Business Development Manager Salary ranges
The most common Business Development Manager salary in US is between $110k - $120k.
Average Sales salaries in US
| Job Title | Average Salary | Salary Range |
|---|---|---|
| Customer Support Rep | $53,716 | Min: $10K Max: $160K |
| Inside Sales Representative | $53,920 | Min: $10K Max: $179K |
| Sales Development Representative | $57,754 | Min: $26K Max: $170K |
| Business Development Representative | $58,590 | Min: $10K Max: $250K |
| Sales Coordinator | $62,467 | Min: $45K Max: $109K |
| Sales Associate | $70,266 | Min: $38K Max: $128K |
| Sales Operations Analyst | $70,320 | Min: $20K Max: $215K |
| Tech Sales Representative | $78,426 | Min: $53K Max: $135K |
| Account Manager | $81,149 | Min: $1K Max: $344K |
| Inside Sales Manager | $83,685 | Min: $6K Max: $205K |
| Client Success Manager | $89,763 | Min: $30K Max: $250K |
| Account Executive | $101,228 | Min: $45K Max: $350K |
| Business Development Manager | $101,577 | Min: $16K Max: $285K |
| Sales Manager | $102,935 | Min: $0K Max: $344K |
| Sales Operations Manager | $106,666 | Min: $30K Max: $292K |
| Software Sales Representative | $109,494 | Min: $45K Max: $208K |
| Sales Engineer | $128,713 | Min: $9K Max: $305K |
| Director of Customer Success | $136,139 | Min: $51K Max: $330K |
| Sales Director | $151,886 | Min: $48K Max: $420K |
| Vice President of Sales | $205,329 | Min: $0K Max: $450K |
| CRO (Chief Revenue Officer) | $238,408 | Min: $67K Max: $450K |
FAQ
Q:
A.
Business development managers generate client leads and assist in strategic growth planning, sending leads to AEs and helping foster existing customer relationships.
Q:
How to become a business development manager?
A.
Business development managers typically have a bachelor’s degree in business, marketing or a related field as well as two or more years of experience in business development, sales or similar roles. It's also helpful to have knowledge in the areas of strategy development, lead generation, customer relationship management, sales performance analysis and effective communication.
Q:
How much does a business development manager make?
A.
The salary range for a business development manager is $40K-$285K. The average salary for a Business Development Manager in US is $101,577.
Career Info
Business Development Manager jobs in US
Skills that affect Business Development Manager salaries in US
1
Account Development
2% have this skill
2
Account Management
1% have this skill
3
Client Relations
1% have this skill
4
Sales Strategy
1% have this skill
5
Cold Calling
0% have this skill
6
Customer Relationship Management
0% have this skill
Average Business Development Manager Salary by Company Size
People with the job title Business Development Manager make the most at companies with 501-1,000 employees, earning $106,699 on average.
Recent Business Development Manager salaries in US
$80,000
Yearly Salary
A Business development manager reported a yearly salary of $80,000
1-3 Years of Experience
Female
11-50 Employees
Providence, RI
1-5 Reports
$110,000
Yearly Salary
A Manager of Business Development reported a yearly salary of $110,000 with +$50,000 in additional cash compensation
5-7 Years of Experience
Male
201-500 Employees
Remote
$80,000
Yearly Salary
A Business Development Manager reported a yearly salary of $80,000 with +$20,000 in additional cash compensation
5-7 Years of Experience
Female
11-50 Employees
Remote
$100,000
Yearly Salary
A SDR Manager reported a yearly salary of $100,000 with +$30,000 in additional cash compensation
1-3 Years of Experience
Female
201-500 Employees
Remote
$160,000
Yearly Salary
A Business Development Lead reported a yearly salary of $160,000 with +$30,000 in additional cash compensation
3-5 Years of Experience
Male
11-50 Employees
Remote
$166,010
Yearly Salary
A Sr. Manager, Sales – Access Controls reported a yearly salary of $166,010 with +$111,227 in additional cash compensation
7+ Years of Experience
Male
1,000+ Employees
Chicago, IL
$55,000
Yearly Salary
A Account Manager reported a yearly salary of $55,000 with +$12,000 in additional cash compensation
1-3 Years of Experience
Female
51-200 Employees
Boston, MA
$180,000
Yearly Salary
A Sales Director reported a yearly salary of $180,000 with +$180,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Remote
$90,000
Yearly Salary
A Business Development Manager reported a yearly salary of $90,000 with +$90,000 in additional cash compensation
3-5 Years of Experience
Female
501-1,000 Employees
Houston, TX
$152,250
Yearly Salary
A Senior Account Executive reported a yearly salary of $152,250 with +$152,250 in additional cash compensation
3-5 Years of Experience
Male
51-200 Employees
New York City, NY