Business Development Manager Salary

Average Yearly Salary
$107,000
$73,000
Min 10%
$107,000
Median 50%
$156,000
Max 90%
Best Paying Company
Latham & Watkins
Highest Paying City
Denver, CO
Highest Paying State
Colorado
Average Experience Level
2.7 years
How much does a business development manager make?
Business Development Managers in America make an average salary of $107,533 per year or $51.7 per hour. The top 10 percent make over $156,000 per year, while the bottom 10 percent make under $74,000 per year. Employers that have the highest concentration of job opportunities for Business Development Managers are Technology companies and Professional companies. The best states for high paying Business Development Manager jobs are Colorado, Washington, California, Arkansas, and Virginia. The typical employment for a Business Development Manager is 2.7 years.

Average Business Development Manager Salary By Location

Business Development Managers in the US makes an average salary of $107,533 per year or $51.7 per hour. Denver, CO reports the highest annual salary for Business Development Managers at 135,919. The average starting salary in Denver, CO for Business Development Managers is $80,000. Colorado, Washington, California, Arkansas, and Virginia are the highest paying states. The lowest earning states are Oklahoma, Kentucky, Mississippi, Hawaii, and New Mexico.

Map of Business Development Manager Salaries

The darker areas on the map show where Business Development Managers earn the highest salaries across all 50 states.

Average Salary:

Average Business Development Manager Salary By Company

Business Development Manager jobs offer good job security, but the wages reported in some industries are higher than others. Technology companies and Professional companies have the most job opportunities for Business Development Managers. Latham & Watkins and Baker McKenzie are the highest paying companies. Also, companies like Shearman & Sterling and King & Spalding pay their Business Development Managers very well.

Average Business Development Manager Pay By Industry

Business Development Manager salaries can vary depending on the industry. Our analysis shows that Telecommunication companies, Retail companies, and Technology companies pay higher-than-average wages for Business Development Managers. Telecommunication companies pay their Business Development Managers the highest wages, averaging $113,122 per year. Retail companies and Technology companies pay well too, at $111,811 and $108,564, respectively. The types of companies that pay Business Development Managers the least are in the Finance industry, where the average annual salary is $101,954.
Industry
Average Salary
Telecommunication
Telecommunication
$113,122
$113k
Retail
Retail
$111,811
$112k
Technology
Technology
$108,564
$109k
Manufacturing
Manufacturing
$107,430
$107k
Professional
Professional
$105,030
$105k
Finance
Finance
$101,954
$102k

Business Development Manager Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA

Recently Added Business Development Manager Salaries

Company
Job
Location
Date Added
Salary
Corporate Business Development Manager
04/23/2020
$145,000
Business Development Manager
04/22/2020
$64,000
Eligo Energy, LLC
Business Development Manager (Solar Simplified)
04/16/2020
$55,000
Alnw Outreach and Business Development Manager
04/16/2020
$335,960
Interior Talent
Business Development Manager
04/15/2020
$100,000
Business Development Manager
04/15/2020
$140,000
Business Development Territory Manager
04/06/2020
$95,000
Interior Talent
Business Development Manager
03/30/2020
$100,000
Launchcode
Business Development Manager
03/18/2020
$40,000
Business Development Manager
03/15/2020
$75,000
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