Business Development Manager salary in Chicago, IL
Average Base Salary in Chicago, IL
$98,378
$57,889
Additional Cash Compensation
$156,267
Total Compensation
Median: 90,000
Min: $45K
Max: $200K
How Much Does a Business Development Manager Make in Chicago, IL?
The average salary for a Business Development Manager in Chicago, IL is $98,378. The average additional cash compensation for a Business Development Manager in Chicago, IL is $57,889. The average total compensation for a Business Development Manager in Chicago, IL is $156,267. Business Development Manager salaries are based on responses gathered by Built In from anonymous Business Development Manager employees in Chicago, IL.
Add your Business Development Manager in Chicago, IL salary info
Business Development Manager
Account Executive
Account Manager
Business Development Manager
Business Development Representative
Client Success Manager
CRO (Chief Revenue Officer)
Customer Support Rep
Director of Customer Success
Inside Sales Manager
Inside Sales Representative
Sales Associate
Sales Coordinator
Sales Development Representative
Sales Director
Sales Engineer
Sales Manager
Sales Operations Analyst
Sales Operations Manager
Software Sales Representative
Tech Sales Representative
Vice President of Sales
Account ExecutiveAccount ManagerAccountantAerospace EngineerAI EngineerAnalytics ManagerAndroid DeveloperApp DeveloperApplication EngineerArt DirectorAssociate Product ManagerAutomation EngineerAWS DeveloperBack End DeveloperBig Data EngineerBlockchain DeveloperBrand ManagerBudget AnalystBusiness AnalystBusiness Development ManagerBusiness Development RepresentativeBusiness Intelligence AnalystBusiness Intelligence DeveloperBusiness Intelligence DeveloperBusiness Intelligence ManagerCCO (Chief Creative Officer)CFO (Chief Financial Officer)Chief Information OfficerChief People OfficerCIO (Chief Information Officer)Client Success ManagerCloud EngineerCloud Security EngineerCMO (Chief Marketing Officer)Community ManagerContent ManagerContent Marketing ManagerContent StrategistControllerCOO (Chief Operating Officer)CopywriterCPO (Chief Product Officer)Creative Chief OfficerCreative DirectorCRO (Chief Revenue Officer)CTO (Chief Technology Officer)Customer Support ManagerCustomer Support RepCybersecurity + ITCybersecurity EngineerData AnalystData ArchitectData EngineerData Engineering ManagerData ScientistDatabase AdministratorDatabase DeveloperDesign DirectorDesign EngineerDesktop SupportDevOps EngineerDigital Marketing ManagerDirector of AnalyticsDirector of Customer SuccessDirector of MarketingDirector of OperationsDirector of Product ManagementDirector of Product MarketingDirector of Software EngineeringEditorEmail Marketing ManagerEngineering ManagerEvent PlannerFinance DirectorFinancial AnalystFront End DeveloperFull Stack DeveloperGame DesignerGame DeveloperGraphic DesignerHardware EngineerHR CoordinatorHR DirectorHR ManagerHR SpecialistImplementation ManagerImplementation SpecialistInside Sales ManagerInside Sales RepresentativeInstructional DesigneriOS DeveloperIT EngineerJava DeveloperJavascript DeveloperJunior Business AnalystJunior Data AnalystJunior Data ScientistJunior Software DeveloperJunior Software EngineerJunior Web DeveloperLead Software EngineerMachine Learning EngineerMarket Research AnalystMarketing AnalystMarketing AssistantMarketing AssociateMarketing CoordinatorMarketing ManagerMarketing Operations ManagerMarketing Project ManagerMarketing SpecialistNetwork EngineerOffice ManagerOperations AssociateOperations ManagerPower BI DeveloperPrincipal Software EngineerProduct AnalystProduct DesignerProduct ManagerProduct Marketing ManagerProduct OwnerProject CoordinatorProject ManagerPublic Relations ManagerPublic Relations SpecialistPython DeveloperQA AnalystQA EngineerQA ManagerQuant DeveloperReact DeveloperRecruiterRobotics EngineerRPA DeveloperSales AssociateSales CoordinatorSales Development RepresentativeSales DirectorSales EngineerSales ManagerSales Operations AnalystSales Operations ManagerSalesforce DeveloperScrum MasterSecurity EngineerSenior AccountantSenior Business AnalystSenior Data AnalystSenior Data EngineerSenior Data ScientistSenior Financial AnalystSenior Graphic DesignerSenior Marketing ManagerSenior Product DesignerSenior Product ManagerSenior Product Marketing ManagerSenior Project ManagerSenior RecruiterSenior Software DeveloperSenior Software EngineerSenior Systems EngineerSenior Technical WriterSenior UI DesignerSenior UX DesignerSEO ManagerSEO SpecialistSite Reliability EngineerSocial Media ManagerSoftware DeveloperSoftware EngineerSoftware Sales RepresentativeSoftware Test EngineerSQL DeveloperSystems EngineerTableau DeveloperTech Sales RepresentativeTechnical Product ManagerTechnical Project ManagerTechnical RecruiterTechnical SupportTechnical WriterTest EngineerUI DesignerUX DesignerUX ResearcherVice President of CareVice President of EngineeringVice President of FinanceVice President of Human ResourcesVice President of MarketingVice President of OperationsVice President of PeopleVice President of ProductVice President of SalesVice President of Talent AcquisitionVisual DesignerWeb DesignerWeb DeveloperWordpress Developer
Chicago, IL
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Business Development Manager Salary by gender
The average Business Development Manager salary for women is $93,856 and the average Business Development Manager salary for men is $103,015.
Business Development Manager Salary by Years of Experience
The average salary for a Business Development Manager with 7+ years of experience is $112,743. The average salary for <1 year of experience is $62,800.
Business Development Manager Salary ranges
The most common Business Development Manager salary in Chicago, IL is between $70k - $80k.
Average Sales salaries in Chicago, IL
| Job Title | Average Salary | Salary Range |
|---|---|---|
| Inside Sales Representative | $53,193 | Min: $36K Max: $80K |
| Customer Support Rep | $54,181 | Min: $36K Max: $90K |
| Sales Development Representative | $54,719 | Min: $40K Max: $75K |
| Business Development Representative | $56,169 | Min: $36K Max: $165K |
| Software Sales Representative | $60,000 | Min: $60K Max: $60K |
| Sales Associate | $61,043 | Min: $40K Max: $82K |
| Sales Operations Analyst | $70,128 | Min: $40K Max: $150K |
| Account Manager | $73,283 | Min: $35K Max: $155K |
| Inside Sales Manager | $84,971 | Min: $60K Max: $110K |
| Client Success Manager | $87,221 | Min: $40K Max: $190K |
| Account Executive | $95,339 | Min: $45K Max: $200K |
| Business Development Manager | $98,378 | Min: $45K Max: $200K |
| Sales Operations Manager | $100,826 | Min: $70K Max: $167K |
| Sales Manager | $103,956 | Min: $53K Max: $270K |
| Sales Engineer | $118,473 | Min: $70K Max: $220K |
| Director of Customer Success | $128,316 | Min: $70K Max: $190K |
| Sales Director | $144,212 | Min: $57K Max: $300K |
| Vice President of Sales | $194,757 | Min: $135K Max: $450K |
| CRO (Chief Revenue Officer) | $257,259 | Min: $130K Max: $400K |
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 Chicago, IL is $98,378.
Career Info
Business Development Manager jobs in Chicago, IL
Skills that affect Business Development Manager salaries in Chicago, IL
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 11-50 employees, earning $103,688 on average.
Recent Business Development Manager salaries in Chicago, IL
$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
$145,000
Yearly Salary
A Business Development Manager reported a yearly salary of $145,000
5-7 Years of Experience
Male
51-200 Employees
Chicago, IL
$164,300
Yearly Salary
A Director of Business Development reported a yearly salary of $164,300 with +$37,100 in additional cash compensation
5-7 Years of Experience
Female
201-500 Employees
Chicago, IL
$48,000
Yearly Salary
A Business Development Manager reported a yearly salary of $48,000 with +$20,000 in additional cash compensation
< 1 Year of Experience
Male
1,000+ Employees
Chicago, IL
$66,000
Yearly Salary
A Business Development Manager reported a yearly salary of $66,000 with +$45,000 in additional cash compensation
5-7 Years of Experience
Female
51-200 Employees
Chicago, IL
5-10 Reports
$100,880
Yearly Salary
A Senior Director of Business Development, Global Operations reported a yearly salary of $100,880 with +$28,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$150,000
Yearly Salary
A Sales and Client Relations reported a yearly salary of $150,000 with +$542,000 in additional cash compensation
7+ Years of Experience
Female
201-500 Employees
Chicago, IL
$85,000
Yearly Salary
A Business Development Manager reported a yearly salary of $85,000 with +$175,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$120,000
Yearly Salary
A Business Development Manager reported a yearly salary of $120,000
5-7 Years of Experience
Female
51-200 Employees
Chicago, IL
$160,000
Yearly Salary
A Senior Manager, Business Development reported a yearly salary of $160,000 with +$54,250 in additional cash compensation
3-5 Years of Experience
Male
501-1,000 Employees
Chicago, IL