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New business manager salary
Average new business manager salary
$93,395
Understanding the New Business Manager Salary
As of October 2025, the average salary for a New Business Manager stands at $93,395 per year. This figure reflects the vital role these professionals play in driving business growth through client acquisition and strategic partnerships. Salaries for New Business Managers can differ significantly based on factors such as geographic location, industry, and years of experience.
Salary by Experience Level
Entry-level New Business Managers may start with salaries around $60,000, while those with over ten years of experience can earn upwards of $120,000. This progression illustrates the value of experience in this field.
Highest Paying States
States such as California, New York, and Texas offer the highest salaries for New Business Managers, often exceeding the national average. Exploring job postings in these regions can reveal lucrative opportunities.
Career Opportunities
With the growing demand for skilled professionals in this area, aspiring New Business Managers should consider networking and further education to enhance their career prospects. Additional training in sales, marketing, or business development can provide a competitive edge.
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Where can a New Business Manager earn more?
New business manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level new business manager | $38,500 | $18.49 |
| Mid-level new business manager | $59,400 | $28.56 |
| Senior-level new business manager | $108,000 | $51.79 |
New business manager salary estimates from across the web
Average new business manager salary by state
The average new business manager salary in New York, New Jersey, and Connecticut are the highest in the U.S. The lowest average new business manager salary states are Wyoming, Arkansas, and Mississippi.
- State view
- County view
Highest paying states for new business managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $126,576 | $60.85 |
| 2 | New York | $132,418 | $63.66 |
| 3 | New Jersey | $128,878 | $61.96 |
| 4 | District of Columbia | $115,919 | $55.73 |
| 5 | California | $107,967 | $51.91 |
| 6 | Massachusetts | $110,971 | $53.35 |
| 7 | Michigan | $93,489 | $44.95 |
| 8 | Maryland | $98,749 | $47.48 |
| 9 | Delaware | $95,244 | $45.79 |
| 10 | Nevada | $83,356 | $40.08 |
| 11 | Wisconsin | $92,942 | $44.68 |
| 12 | Rhode Island | $109,725 | $52.75 |
| 13 | Washington | $94,457 | $45.41 |
| 14 | Ohio | $81,425 | $39.15 |
| 15 | North Carolina | $82,942 | $39.88 |
| 16 | Alaska | $81,501 | $39.18 |
| 17 | Arizona | $83,609 | $40.20 |
| 18 | Maine | $93,423 | $44.91 |
| 19 | Virginia | $90,714 | $43.61 |
| 20 | Oregon | $86,456 | $41.57 |
| 21 | South Dakota | $82,458 | $39.64 |
| 22 | Minnesota | $83,933 | $40.35 |
| 23 | Colorado | $84,576 | $40.66 |
| 24 | Utah | $73,016 | $35.10 |
| 25 | New Hampshire | $81,496 | $39.18 |
| 26 | Missouri | $72,237 | $34.73 |
| 27 | Tennessee | $73,134 | $35.16 |
| 28 | Pennsylvania | $79,900 | $38.41 |
| 29 | Kansas | $67,174 | $32.30 |
| 30 | Illinois | $71,692 | $34.47 |
| 31 | Indiana | $68,529 | $32.95 |
| 32 | Montana | $66,304 | $31.88 |
| 33 | Idaho | $76,862 | $36.95 |
| 34 | Georgia | $70,816 | $34.05 |
| 35 | Iowa | $66,898 | $32.16 |
| 36 | Alabama | $71,538 | $34.39 |
| 37 | North Dakota | $72,077 | $34.65 |
| 38 | Vermont | $77,225 | $37.13 |
| 39 | Arkansas | $60,145 | $28.92 |
| 40 | Texas | $68,605 | $32.98 |
| 41 | Nebraska | $66,665 | $32.05 |
| 42 | West Virginia | $67,693 | $32.54 |
| 43 | Louisiana | $64,369 | $30.95 |
| 44 | Florida | $63,659 | $30.61 |
| 45 | Kentucky | $49,649 | $23.87 |
| 46 | Hawaii | $50,353 | $24.21 |
| 47 | South Carolina | $61,158 | $29.40 |
| 48 | New Mexico | $63,851 | $30.70 |
| 49 | Wyoming | $60,635 | $29.15 |
| 50 | Mississippi | $57,609 | $27.70 |
| 51 | Oklahoma | $55,171 | $26.52 |
Highest paying cities for new business managers
The highest-paying cities for new business managers are New Rochelle, NY, Cherry Hill, NJ, and New Haven, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Rochelle, NY | $134,365 | $64.60 |
| 2 | Cherry Hill, NJ | $128,871 | $61.96 |
| 3 | New Haven, CT | $127,819 | $61.45 |
| 4 | San Francisco, CA | $123,679 | $59.46 |
| 5 | Washington, DC | $116,586 | $56.05 |
| 6 | Springfield, MA | $111,342 | $53.53 |
| 7 | Baltimore, MD | $99,262 | $47.72 |
| 8 | Seattle, WA | $95,638 | $45.98 |
| 9 | Detroit, MI | $94,317 | $45.34 |
| 10 | Racine, WI | $92,825 | $44.63 |
| 11 | Boulder, CO | $84,782 | $40.76 |
| 12 | Plymouth, MN | $83,845 | $40.31 |
| 13 | Roanoke, VA | $83,224 | $40.01 |
| 14 | Bethlehem, PA | $80,857 | $38.87 |
| 15 | Saint Louis, MO | $73,026 | $35.11 |
| 16 | Chicago, IL | $72,453 | $34.83 |
| 17 | Ogden, UT | $71,558 | $34.40 |
| 18 | Crown Point, IN | $69,634 | $33.48 |
| 19 | College Station, TX | $68,730 | $33.04 |
| 20 | Omaha, NE | $66,887 | $32.16 |
New business manager salary details
A new business manager's salary ranges from $55,000 a year at the 10th percentile to $158,000 at the 90th percentile.
What is a new business manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $158,000 | $13,167 | $76 |
| 75th Percentile | $123,000 | $10,250 | $59 |
| Average | $93,395 | $7,783 | $45 |
| 25th Percentile | $70,000 | $5,833 | $34 |
| 10th Percentile | $55,000 | $4,583 | $26 |
Highest paying new business manager jobs
The highest paying types of new business managers are senior business manager, business unit manager, and group manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Day Manager | $44,969 | $3,747 | $21.62 | 280,978 |
| Manager | $58,651 | $4,888 | $28.20 | 1,236,194 |
| Manager Of Business Services | $98,244 | $8,187 | $47.23 | 313,139 |
| Store Manager | $46,950 | $3,912 | $22.57 | 446,127 |
| Group Manager | $118,324 | $9,860 | $56.89 | 263,616 |
| Salon Manager | $43,893 | $3,658 | $21.10 | 347,470 |
Top companies hiring new business managers now:
Which companies pay new business managers the most?
New business manager salaries at Apple and DoorDash are the highest-paying according to our most recent salary estimates. In addition, the average new business manager salary at companies like Novartis and Poshmark are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Apple | $154,673 | $74.36 |
| 2 | DoorDash | $147,373 | $70.85 |
| 3 | Novartis | $142,981 | $68.74 |
| 4 | Poshmark | $139,381 | $67.01 |
| 5 | Pwc | $138,489 | $66.58 |
| 6 | Airtable | $136,092 | $65.43 |
| 7 | Citi | $130,631 | $62.80 |
| 8 | Square | $121,806 | $58.56 |
| 9 | Macy's | $120,830 | $58.09 |
| 10 | Stryker | $120,791 | $58.07 |
| 11 | Sony Electronics | $120,315 | $57.84 |
| 12 | Morgan Stanley | $119,315 | $57.36 |
| 13 | JPMorgan Chase & Co. | $117,787 | $56.63 |
| 14 | Eversource Energy | $113,102 | $54.38 |
| 15 | IBM | $112,205 | $53.94 |
| 16 | PanAgora | $110,493 | $53.12 |
| 17 | Burlington | $109,999 | $52.88 |
| 18 | Gap Inc. | $108,845 | $52.33 |
| 19 | Astellas Pharma | $108,310 | $52.07 |
| 20 | HP | $106,852 | $51.37 |
Wage gap by gender, race and education
New Business Manager salary by industry
The average new business manager salary varies across industries:
- The average new business manager salary in the energy industry is $127,156, the highest of any industry.
- The average new business manager salary in the finance industry is $101,560.
- New business managers in the insurance industry earn an average salary of $92,622, the lowest of any industry.
Highest paying industries for new business managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Energy | $127,156 | $61.13 |
| 2 | Finance | $101,560 | $48.83 |
| 3 | Technology | $100,061 | $48.11 |
| 4 | Media | $97,592 | $46.92 |
| 5 | Manufacturing | $94,316 | $45.34 |
| 6 | Insurance | $92,622 | $44.53 |
High paying new business manager jobs
New business manager salary trends
The average new business manager salary has risen by $7,659 over the last ten years. In 2014, the average new business manager earned $85,736 annually, but today, they earn $93,395 a year. That works out to a 4% change in pay for new business managers over the last decade.
Compare new business manager salaries for cities or states with the national average over time.
Average new business manager salary over time
Compare new business manager salaries for individual cities or states with the national average.
New business manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $93,400 | $44.90 | +2.8% |
| 2024 | $90,800 | $43.66 | -0.1% |
| 2023 | $90,900 | $43.72 | +0.5% |
| 2022 | $90,500 | $43.50 | +1.1% |
| 2021 | $89,500 | $43.02 | +1.6% |
Recently added new business manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Tullett Prebon | New Business Sales Manager-Sell Side, Parameta Solutions | New York, NY | 06/29/2025 | $155,000 |
| Us Foods | New Business Manager-Ocean City, de & MD Areas | Ocean City, MD | 06/28/2025 | $75,000 |
| Us Foods Holding Corp | New Business Manager-Ocean City, de & MD Areas | Ocean City, NJ | 06/28/2025 | $75,000 |
| Us Foods Holding Corp | New Business Manager | Mobile, AL | 06/28/2025 | $75,000 |
| Robert Half | New York Business Performance Improvement-People and Change Manager | New York, NY | 06/27/2025 | $129,000 |
| Protiviti | New York Business Performance Improvement-People and Change Manager | New York, NY | 06/27/2025 | $129,000 |
| Pigment | Onboarding GTM Enablement Manager-New York City, SAN Francisco or Toronto | New York, NY | 06/27/2025 | $130,000 |
| Us Foods | New Business Manager-Loudon-Fairfax County | Leesburg, VA | 06/25/2025 | $75,000 |
| Novartis | Access & Reimbursement Manager, Cardiovascular-Upstate New York-Remote | Syracuse, NY | 06/24/2025 | $138,600 |
| Mass Mutual | New Business Manager | Glen Allen, VA | 06/20/2025 | $120,000 |
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