How much does a Business Developer make?

The average salary for a Business Developer is $118,563 per year in United States. Salaries estimates are based on 431 salaries submitted anonymously to Glassdoor by a Business Developer employees in United States.

The highest salary for a Business Developer in United States is $161,447 per year.

The lowest salary for a Business Developer in United States is $88,922 per year.

If you are thinking of becoming a Business Developer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Business Developer.

As revenue-generating employees, business developers often earn a base salary in the six-figure range, but below that of business development managers and sales managers. Business developers selling products in the scientific and financial sectors are often paid higher than those selling consumer retail goods. Roles can be further classified into two broad fields: business to business (B2B) and business to consumer (B2C). Business developers in the B2B field are generally paid slightly higher than those in the B2C field.

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Anonymous ratings on Glassdoor reveal that around 73% of business developers are happy with the amount they make. Getting a degree, learning industry-specific skills, and a potential $38,660.16 in bonuses and commission per year may help your salary qualify as a good one.

The amount you'll make as a business developer will depend on your education, your experience, and the type of company you work for. But if you follow a typical career path, you can expect to make between $210,721.18 and $68,760.21, with an average of around $79,891.93. If your job offers additional pay, such as performance-based bonuses or commission, your annual salary may be around $118,552.09.

Do you want to be an attractive candidate for high-paying business developer opportunities? First, you may want to consider getting a bachelor's degree in business or a subject related to the industry you want to work in. A master's degree or MBA can also help you stand out as a candidate. Past experience in management or sales might help, as will a solid grasp of Microsoft Office and Customer Relationship Management software. Stay up to date with industry developments and trends, and ensure that you know how to analyze statistics and make solid plans. Finally, consider finding a mentor and networking frequently with peers and potential employers.

Whether you've just started browsing business developer jobs or want a higher salary in your current position, here's how to negotiate successfully. Before the negotiation, work out what salary you ideally want and what you'd be willing to accept. If you're not sure what to ask for, browse job listings to get an idea of what others are making. You should also write down your arguments, so you don't get nervous or forget what to say. Successful arguments might include in-demand skills you have, professional successes you've enjoyed, or past experiences that were valuable. Focus on explaining exactly why you're an amazing candidate and deserve your desired salary.