Business Development Manager
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Business Development Manager Salary Information & Pay Scale
Business Development Manager Salary Breakdown
- Entry Level (0-2 years): $65,000
- Mid Level (3-5 years): $85,000
- Senior Level (6-10 years): $100,000
- Expert Level (10+ years): $115,000
Factors Affecting Business Development Manager Salary
- Location: Cost of living varies significantly by city and state
- Experience: Years of experience in business development manager roles
- Company Size: Larger companies typically offer higher salaries
- Industry: Tech, healthcare, and finance often pay premium salaries
- Skills & Certifications: Specialized skills command higher pay
Business Development Manager Role Overview
What Does a Business Development Manager Do?
Business Development Managers are professionals who contribute significantly to their organizations. This role requires specialized skills and experience to deliver value in today's competitive market.
Key Skills for Business Development Managers
These skills are highly valued and can significantly impact business development manager salary potential.
Career Outlook & Industries
Top Industries:
Career Outlook:
Market demand varies by industry and location
Frequently Asked Questions
What is the average salary for a Business Development Manager?
The average salary for a Business Development Manager is $85,000. However, this can range from $65,000 to $115,000 depending on experience, location, and company size.
What skills are most important for a Business Development Manager's salary?
Key skills that impact a Business Development Manager's salary include Professional Skills, Communication, Problem Solving. These technical and soft skills can significantly influence earning potential.
How does location affect Business Development Manager salaries?
Location significantly impacts Business Development Manager salaries. For example, positions in San Francisco typically pay 45% more than the national average, while roles in lower-cost areas may pay 15-20% less.
How much does experience affect Business Development Manager salary?
Experience greatly influences Business Development Manager compensation. Entry-level positions typically start at $65,000, while senior professionals can earn $115,000 or more.
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