Business Development Manager salary in US

Average base salary in us, how much does a business development manager make in us.

The average salary for a Business Development Manager in US is $101,469. The average additional cash compensation for a Business Development Manager in US is $44,941. The average total compensation for a Business Development Manager in US is $146,410. Business Development Manager salaries are based on responses gathered by Built In from anonymous Business Development Manager employees in US.

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Best-paying cities for business development manager, business development manager salary by gender, business development manager salary by years of experience, business development manager salary ranges, average sales salaries in us, what is a business development manager, how to become a business development manager, how much does a business development manager make.

The salary range for a business development manager is $40K-$285K. The average salary for a Business Development Manager in US is $101,469.

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Business development manager jobs in us, skills that affect business development manager salaries in us, average business development manager salary by company size, recent business development manager salaries in us.

Business Development Manager Salary in the US

Business development manager - average salary, business development manager salary range, business development manager - salary differences, business development manager - pay by experience level in the united states, how work experience affects the salary of a business development manager, gender breakdown, business development manager - jobs by location, business development manager - related salaries.

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Business Development Manager salary

Average business development manager salary, how much does a business development manager make.

The average business development manager salary in the United States is $100,769. Business development manager salaries typically range between $67,000 and $151,000 yearly. The average hourly rate for business development managers is $48.45 per hour.

Business development manager salary is impacted by location, education, and experience. Business development managers earn the highest average salary in California, Washington, New Jersey, New York, and Rhode Island.

Business development manager salary summary.

  • The average salary for a business development manager is $100,769 in the US.
  • The average business development manager salary ranges between $67,000 and $151,000 in the US.
  • Business development managers' hourly rates in the US typically range between $32 and $72 an hour.
  • Business development managers earn the highest salaries in California ($112,556), Washington ($111,209), and New Jersey ($105,119).
  • Business development manager salaries at Shearman & Sterling are the highest of any company.
  • Business development managers in the finance industry are the highest-paid in the US.

Average business development manager salary by state

The highest-paying states for business development managers are California, Washington, and New Jersey. The lowest average business development manager salary states are Oklahoma, North Dakota, and Mississippi.

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Highest paying states for business development managers

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Highest paying cities for business development managers

The highest-paying cities for business development managers are San Francisco, CA, Seattle, WA, and Jersey City, NJ.

Business Development Managers are the most in-demand in these five cities:

  • San Francisco, CA
  • Seattle, WA
  • Jersey City, NJ
  • New York, NY
  • Washington, DC

Business Development Manager salary by years of experience

A business development manager with 0-2 years of experience earns an average entry-level salary of $74,805. A mid-career business development manager with 3-6 years of experience makes $100,769 a year on average. A senior level business development manager with 7-12 years of experience enjoys an average annual salary of $181,758.

Business Development Manager salary by experience level

Business development manager salary details.

A business development manager's salary ranges from $67,000 a year at the 10th percentile to $151,000 at the 90th percentile.

Average Business Development Manager Salary Graph

What is a business development manager's salary?

Highest paying business development manager jobs.

The highest paying types of business development managers are vice president, business development, head of business development, and senior business development manager.

Top companies hiring business development managers now:

  • Microsoft Jobs (201)
  • Amazon Jobs (101)
  • Cisco Jobs (238)
  • Intel Jobs (96)
  • Wipro Limited Jobs (117)

Which companies pay business development managers the most?

Business development manager salaries at Shearman & Sterling and Mayo Clinic are the highest-paying according to our most recent salary estimates. In addition, the average business development manager salary at companies like Simpson Thacher & Bartlett and Baker McKenzie are highly competitive.

Business Development Manager salary by industry

The average business development manager salary varies across industries:

  • The average business development manager salary in the finance industry is $103,515, the highest of any industry.
  • The average business development manager salary in the finance industry is $97,625.
  • Business development managers in the hospitality industry earn an average salary of $84,239, the lowest of any industry.

Highest paying industries for business development managers

High paying business development manager jobs, business development manager salary trends.

The average business development manager salary has risen by $18,542 over the last ten years. In 2014, the average business development manager earned $82,227 annually, but today, they earn $100,769 a year. That works out to a 8% change in pay for business development managers over the last decade.

Compare business development manager salaries for cities or states with the national average over time.

Average business development manager salary over time

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

Business Development Manager salary by year

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Search for business development manager jobs

Business Development Manager Related Salaries

  • Account Development Manager Salary
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  • Business Development Executive Salary
  • Business Development Officer Salary
  • Business Development Sales Manager Salary
  • Business To Business Sales Manager Salary
  • Business Unit Manager Salary
  • Development & Program Manager Salary
  • Development Manager Salary
  • Director New Business Development Salary
  • Director Of Sales & Business Development Salary
  • Head Of Business Development Salary

Business Development Manager Related Careers

  • Account Development Manager
  • Business Account Manager
  • Business Development Account Manager
  • Business Development And Marketing Manager
  • Business Development Director
  • Business Development Executive
  • Business Development Officer
  • Business Development Sales Manager
  • Business To Business Sales Manager
  • Business Unit Manager
  • Development & Program Manager
  • Development Manager
  • Director New Business Development
  • Director Of Sales & Business Development
  • Head Of Business Development

Business Development Manager Related Jobs

  • Market Development Manager
  • New Business Development
  • Sales Development Manager
  • Senior Business Development Manager

Business Development Manager Salary By Location

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Technical Business Development Manager Salaries in the United States

How much does a technical business development manager make.

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  • Massachusetts
  • Mississippi
  • North Carolina
  • North Dakota
  • New Hampshire
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • West Virginia
  • Chicago, IL
  • New York, NY
  • San Francisco, CA
  • Washington, DC

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Frequently Asked Questions About a Technical Business Development Manager Salaries

What is the average of a technical business development manager in the united states, which location pays the highest technical business development manager salary in the united states, what kinds of reasons will influence the technical business development manager's salary, what is the growth rate of the technical business development manager's salary, recent salary report.

Below are the most recent Technical Business Development Manager salary reports. Employer name has been removed to protect anonymity.

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How to Become a Web3 Business Development Manager?

T he digital landscape continues to evolve, thanks to latest technological advancements. Organizations must adapt to these changes to stay ahead of the curve. This is where a Web3 business development manager can make the difference. But what exactly are their duties, and why is their role so important? In this guide, we will answer these questions and reach you how to become a successful Web3 business development manager.

What is a Web3 Business Development Manager?

A Web3 Business Development Manager is a professional who drives growth and expansion for an organization in the constantly evolving Web3 landscape. They specialize in identifying and leveraging emerging trends and technologies, building strategic relationships, and implementing innovative strategies to capitalize on new opportunities. 

The Importance of Web3 Business Development Managers:

  • Accelerating Growth : Web3 Business Development Managers enable companies to tap into new markets and harness the full potential of Web3 technologies, driving growth and securing a competitive edge.
  • Ensuring Adaptability : They foster a culture of innovation within an organization, allowing companies to quickly adapt to changes in the industry landscape and stay relevant in a fast-paced digital environment.
  • Managing Risk : By staying informed about regulatory and market developments, Web3 Business Development Managers help organizations navigate the uncertainties of a rapidly-evolving technological landscape, manage risk, and ensure compliance.
  • Building a Strong Ecosystem : They cultivate strong relationships with key industry players, fostering a healthy and robust ecosystem that benefits all participants and encourages further innovation.

A Web3 Business Development Manager is an essential player in helping organizations remain competitive and relevant in the dynamic world of decentralized technologies. Their ability to identify opportunities, forge partnerships, and implement growth strategies empowers companies to thrive in the exciting era of Web3.

Web3 Business Development Manager Duties

Market research.

One of the fundamental duties of a Web3 Business Development Manager is conducting extensive market research. This involves investigating emerging trends, technologies, and market dynamics within the Web3 landscape. 

Collaboration with Teams

A Web3 Business Development Manager plays a pivotal role in collaborating with various teams within the organization. They work closely with product development, marketing, and sales departments to develop and execute business strategies that align with the company’s goals. This collaboration ensures that all teams are working in unison toward the organization’s objectives, driving innovation and fostering a shared vision of success.

Client Relationships

Building and maintaining strong client relationships is another critical duty of a Web3 Business Development Manager. They actively engage with clients, investors, and strategic partners to nurture lasting relationships and ensure continued collaboration. By understanding their clients’ unique needs, expectations, and pain points, they can effectively tailor strategies and offerings to provide valuable solutions, fostering long-term trust and loyalty.

Trend Evaluation and Industry Update

In the fast-paced world of Web3, staying up-to-date on industry trends is crucial for business success. A Web3 Business Development Manager is responsible for continuously evaluating market trends, identifying potential disruptions, and keeping the organization informed of relevant updates. This allows the company to adapt and innovate rapidly, ensuring it remains at the forefront of the Web3 landscape and maintains a competitive edge.

Business Development Manager Skills

Brainstorming.

Web3 Business Development Managers are creative problem solvers, and their ability to brainstorm innovative ideas is key to driving growth in the Web3 ecosystem. They engage in regular brainstorming sessions with team members and stakeholders to generate fresh perspectives and novel solutions to address challenges and capitalize on opportunities. By fostering a collaborative environment and encouraging open communication, they can fuel creativity and unlock the full potential of their organization’s collective intellect.

Self-Motivation

A successful Business Development Manager possesses a high degree of self-motivation. In the fast-paced and often unpredictable business world, they must demonstrate the ability to stay focused, driven, and enthusiastic despite challenges and setbacks. They understand that every failure is an opportunity to learn and improve, and their unwavering determination pushes them to pursue ambitious goals and drive growth for their organization.

Organizational Skills

Exceptional organizational skills are paramount for a Business Development Manager, as they are responsible for managing multiple projects, tasks, and deadlines simultaneously. They need to prioritize their work efficiently, ensure that resources are allocated effectively, and manage their time to deliver results consistently. Moreover, they must be adept at keeping track of various documents, presentations, and data that play a role in their daily tasks.

Communication Skills

Effective communication skills are essential for a Business Development Manager to build and maintain strong relationships with clients, partners, and team members. They must be proficient in conveying ideas, strategies, and updates clearly and concisely, both in writing and verbally. They should be skilled at active listening, empathetic understanding, and persuasive negotiation to achieve win-win outcomes for all parties involved.

Technical Skills

A strong grasp of technical skills is critical for a Business Development Manager, particularly in today’s technologically driven business landscape. They need to be familiar with industry-specific tools, software, and platforms that are vital for their daily work. They should be comfortable using analytics tools, CRM systems, and social media platforms to gather insights, manage client relationships, and expand their professional networks.

Leadership Skills

Leadership skills play a crucial role in the success of a Business Development Manager. They are responsible for guiding teams and individuals toward a shared vision and common goals. A strong leader inspires, motivates, and empowers team members, fostering a collaborative and innovative environment. They also demonstrate the ability to make tough decisions, solve problems, and navigate challenges with confidence.

Sales Skills

As a driving force behind revenue generation, a Business Development Manager must have excellent sales skills. They need to understand the sales process from start to finish, identify and qualify prospects, build rapport, and close deals effectively. They must also be proficient in developing and delivering compelling sales pitches and presentations that resonate with their target audience, ultimately driving business growth.

Research Skills

A Business Development Manager must possess outstanding research skills. They are responsible for conducting in-depth market analysis, identifying emerging trends, and uncovering new opportunities for growth. They must be able to gather, interpret, and synthesize vast amounts of information to inform decision-making and develop data-driven strategies that align with the organization’s objectives.

How to Become a Web3 Business Development Manager

Get business credentials.

The first step toward becoming a Web3 Business Development Manager is to acquire relevant business credentials. A bachelor’s degree in business administration, management, or a related field is a strong starting point. You may also want to consider obtaining a master’s degree, such as an MBA, to enhance your marketability. Professional certifications in areas like project management or business development can set you apart from the competition and demonstrate your commitment to the field.

Gain Relevant Experience

To excel as a Web3 Business Development Manager, you’ll need to accumulate experience in business development, sales, or marketing roles. These positions will help you develop a strong foundation in identifying opportunities, building relationships, and implementing growth strategies. You should also seek experience in industries related to Web3, such as blockchain, cryptocurrencies, or decentralized applications, to better understand the unique challenges and opportunities within the space.

Develop Your Technical Skills

Strong technical skills are essential for a Web3 Business Development Manager. Learn the core concepts of Web3, such as blockchain, smart contracts, and decentralized finance. Learn to work with industry-specific tools, platforms, and programming languages that are crucial in the Web3 ecosystem. The more you understand the technology, the better equipped you’ll be to identify opportunities and develop strategies that align with the latest trends.

Create a Compelling Resume

Your resume is your chance to showcase your skills, experience, and achievements to potential employers. Ensure it highlights your business credentials, relevant work experience, and technical skills. Don’t forget to emphasize any accomplishments or projects that demonstrate your proficiency in Web3-related technologies or concepts. 

Start Your Job Hunt

Once you’ve built a strong foundation in both business development and Web3 technologies, it’s time to start your job hunt. Utilize online job boards, professional networks, and social media platforms to find job openings for Web3 Business Development Manager positions. Attend industry events to network with professionals in the field and stay informed about new opportunities. Don’t be afraid to leverage your connections to gain valuable insights and recommendations that could lead to your dream job.

Average Salary of a Web3 Business Development Manager

The average salary of a Web3 Business Development Manager can vary depending on factors such as location, industry, and level of experience. In general, these professionals can expect competitive salaries due to the specialized nature of their expertise and the high demand for their skill set in the rapidly growing Web3 ecosystem.

Keep in mind that bonuses, commissions, and other incentives may be included in the compensation package, which can further enhance your earning potential. However, you can expect to be paid anywhere from $20 to $40 per hour depending on where you live. Based on that, you can make an average of $80k per year or higher.

A Web3 Business Development Manager is a key player in the rapidly evolving world of decentralized technologies. They help organizations navigate this dynamic landscape by identifying opportunities, building relationships, and implementing innovative strategies. By following a roadmap, aspiring Web3 Business Development Managers can embark on a rewarding career in this exciting field.

Average Senior Business Development Manager Salary

The average salary for a Senior Business Development Manager is $110,815 in 2024

Featured Content

What is the pay by experience level for senior business development managers .

An early career Senior Business Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $85,094 based on 53 salaries. A mid-career Senior Business Development Manager with 5-9 years of experience earns an average total compensation of $99,460 based on 205 …Read more

What Do Senior Business Development Managers Do?

A senior business development manager is primarily responsible for creating and maintaining strong relationships and making business decisions. A senior business development manager is very similar to a business manager, and this position exists in a variety of industries.

However, in all industries, many duties of senior business development managers are the same. They must plan ways to grow the business, identify areas of client needs, manage and participate in business negotiations, and …Read more

How do Senior Business Development Managers Rate Their Jobs?

Common health benefits for a senior business development manager, gender breakdown for senior business development managers.

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FAQs About Senior Business Development Managers

What is the highest pay for senior business development managers.

Our data indicates that the highest pay for a Senior Business Development Manager is $163k / year

What is the lowest pay for Senior Business Development Managers?

Our data indicates that the lowest pay for a Senior Business Development Manager is $72k / year

How can Senior Business Development Managers increase their salary?

Increasing your pay as a Senior Business Development Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Business Development Manager that oversees more junior Senior Business Development Managers, this experience can increase the likelihood to earn more.

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  1. Salary: Business Development Manager in United States 2024

    Overview Salaries Interviews Insights Career Path How much does a Business Development Manager make? Updated Jan 26, 2024 Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture

  2. Business Development Manager Salary

    The average Business Development Manager salary in the United States is $138,700 as of January 26, 2024, but the range typically falls between $120,758 and $157,659. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

  3. Business development manager salary in United States

    The average salary for a business development manager is $85,232 per year in the United States and $8,350 profit sharing per year. 22.5k salaries reported, updated at February 9, 2024 Is this useful? Top companies for Business Development Managers in United States Cisco Systems 4.1 6,394 reviews 5 salaries reported $158,033per year Collette 3.5

  4. Business Development Manager Salary in 2024

    Business Development Manager Average Business Development Manager Salary Pay Job Details Skills Job Listings Employers $80,827 / year Avg. Base Salary ( USD) 10% $50k MEDIAN $81k 90% $131k...

  5. 2024 Business Development Manager Salary in US

    The average salary for a Business Development Manager in US is $101,469. The average additional cash compensation for a Business Development Manager in US is $44,941. The average total compensation for a Business Development Manager in US is $146,410.

  6. Salary: Business Development Manager in United States 2024

    2,377 open jobs $183,765 / yr $141K $243K Siemens 4.2 Business Development Manager See 52 salaries from all locations 1,140 open jobs $182,855 / yr

  7. Salary: Business Development Manager in United States 2024

    The average salary for Business Development Manager is $128,962 per year in the United States. The average additional cash compensation for a Business Development Manager in the United States is $44,056, with a range from $33,042 - $61,679.

  8. Business Development Manager Salary in the US

    The average salary for a Business Development Manager is $75,240 per year ($6,270 per month), which is $21,750 (+41%) higher than the average salary in the United States. A Business Development Manager can expect an average starting salary of $46,920. The highest salaries can exceed $135,750. $46,920 Low $75,240 Average salary $135,750 High

  9. Business Development Manager Salary (February 2024)

    The average business development manager salary in the United States is $100,769. Business development manager salaries typically range between $67,000 and $151,000 yearly. The average hourly rate for business development managers is $48.45 per hour. Business development manager salary is impacted by location, education, and experience.

  10. Salary: Business Development Manager in United States 2024

    The average salary for Business Development Manager is US$1,28,973 per year in the United States. The average additional cash compensation for a Business Development Manager in the United States is US$44,063, with a range from US$33,047 - US$61,688.

  11. Business Development Manager Salary

    The salaries of Business Development Managers in The US range from $10,349 to $1,653,788 with a median salary of $95,795. Most of Business Development Manager make between $77,919 to $101,870. How much tax will you have to pay as a Business Development Manager

  12. Salary: Business Development Manager in United States 2023

    The average salary for Business Development Manager is US$128,291 per year in the United States. The average additional cash compensation for a Business Development Manager in the United States is US$43,681, with a range from US$32,761 - US$61,153.

  13. Salary: Business Development Manager (Feb, 2024) US

    Business Development Manager Salary Yearly $36,500 - $46,499 6% of jobs $46,500 - $56,999 13% of jobs $61,000 is the 25th percentile. Salaries below this are outliers. $57,000 - $66,999 14% of jobs $67,000 - $76,999 14% of jobs The average salary is $85,602 a year $77,000 - $87,499 15% of jobs $87,500 - $97,499 11% of jobs

  14. Business Development Manager, Sr. Salary

    The average Business Development Manager, Sr. salary in the United States is $178,227 as of January 26, 2024, but the range typically falls between $159,584 and $200,138. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

  15. Business Development Manager Salaries in the United States for ...

    Above national average. Average $97,476. Low $90,653. High $109,174. The estimated middle value of the base pay for Business Development Manager at this company in the United States is $97,476 per year. Compare all Business Development Manager salaries in the United States.

  16. Salary: Business Development Manager in United States 2024

    Updated Dec 27, 2023 Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture Arts, Entertainment & Recreation Pharmaceutical & Biotechnology Management & Consulting Construction, Repair & Maintenance Services

  17. Technical Business Development Manager Salary

    The Technical Business Development Manager salary range is from $93,935 to $115,865, and the average Technical Business Development Manager salary is $105,853/year in the United States. The Technical Business Development Manager's salary will change in different locations.

  18. Business Development Manager Salaries in the United States for Manpower

    Average Manpower Business Development Manager yearly pay in the United States is approximately $78,401, which meets the national average. Salary information comes from 38 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Please note that all salary figures are ...

  19. How to Become a Business Development Manager? (Salary and Skills)

    Related: 48 Business Development Manager Interview Questions. Average salary and job outlook for a business development manager. The salary of a business development manager can vary depending on various factors like their level of experience, the industry they work in, and the location of their job.

  20. Earning A Master's In Organizational Development

    Jeff Tompkins is a writer and teacher of English as a Second Language living in New York City. He was born in Hartford, Connecticut, in 1967 and was educated at Brown University and University ...

  21. How to Become a Web3 Business Development Manager?

    Average Salary of a Web3 Business Development Manager. The average salary of a Web3 Business Development Manager can vary depending on factors such as location, industry, and level of experience. ...

  22. Business Development Manager Salaries in the United States for ...

    Average Caterpillar Business Development Manager yearly pay in the United States is approximately $137,369, which is 81% above the national average. Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Please note that all salary figures ...

  23. Salary: Business Development Manager in United States 2024

    Overview Salaries Interviews Insights Career Path How much does a Business Development Manager make? Updated Jan 30, 2024 Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture

  24. Average Senior Business Development Manager Salary

    The average salary for a Senior Business Development Manager is $110,815 in 2024. Visit PayScale to research senior business development manager salaries by city, experience, skill, employer and more.

  25. Business Attraction Manager in Boise, Idaho, United States

    Description. Business Attraction Manager. Location: Boise. Salary: $35.00 - $38.00 per hour. Applications will be accepted through 4:59 PM MST on the posting end date.

  26. Entrepreneurial Fellows Class (EFC) 2024 Fellows

    The Entrepreneurial Fellows Class of 2024 gathered for the first program session on January 17, 2024. The 28 member cohort will participate in a comprehensive year-long educational program facilitated by the Institute for Entrepreneurial Excellence.

  27. Salary: Business Development Manager, Staffing Industry in United

    Interviews Insights Career Path How much does a Business Development Manager, Staffing Industry make? Updated Oct 29, 2023 Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture

  28. Salary: Business Development Manager in United States 2024

    Overview Salaries Interviews Insights Career Path How much does a Business Development Manager make? Updated Feb 8, 2024 Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture