Business Developer Salaries

A Business Developer plays a key role in helping companies grow. They find new business opportunities and build relationships with clients. The average yearly salary for a Business Developer is $84,504. This means most Business Developers earn between $35,000 and $122,727 each year. The salary can vary based on experience, location, and the industry.

Business Developers often work in fast-paced environments. They need strong communication skills and a good understanding of the market. Those with more experience and specialized skills can earn higher salaries. For example, Business Developers in the tech industry may earn more than those in other sectors. The salary also depends on the size of the company. Larger companies often offer higher salaries and better benefits.

1. Providence, RI
   Average Salary: $153,635
   In Providence, professionals find a mix of established firms and startups. Companies like CVS Health and Textron Aviation offer dynamic environments. The city's vibrant business scene provides ample opportunities for growth and networking.
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2. San Francisco, CA
   Average Salary: $136,455
   San Francisco is a hub for tech giants like Google and Salesforce. Working here means being at the forefront of innovation. The competitive yet collaborative atmosphere drives success and career advancement.
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3. Stamford, CT
   Average Salary: $125,623
   Stamford boasts a strong corporate presence with companies such as United Technologies and Charter Communications. Professionals enjoy a balanced work-life environment and a supportive community. The city offers a mix of traditional and modern business opportunities.
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4. Shreveport, LA
   Average Salary: $119,814
   Shreveport offers a growing business landscape with companies like Caddo Parish and Willis-Knighton Health System. The city's welcoming atmosphere and lower cost of living make it an attractive place for business professionals. Opportunities for growth and development are plentiful.
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5. Seattle, WA
   Average Salary: $119,390
   Seattle is known for its tech industry leaders like Amazon and Microsoft. The city's innovative spirit and scenic environment create a unique work experience. Professionals here benefit from a strong network and a focus on sustainability.
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6. Washington, DC
   Average Salary: $110,412
   In Washington, DC, business professionals work in a political and corporate nexus. Companies like Lockheed Martin and Deloitte offer diverse opportunities. The city's rich history and vibrant culture enhance the work experience.
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7. San Diego, CA
   Average Salary: $109,585
   San Diego's business scene includes major players like Qualcomm and Scripps Health. The city's mild climate and beautiful beaches provide a pleasant work environment. Professionals enjoy a mix of innovation and stability.
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8. San Jose, CA
   Average Salary: $109,320
   San Jose is the heart of Silicon Valley, home to tech giants like Intel and Cisco. The fast-paced environment offers endless opportunities for growth and innovation. Networking and collaboration are key to success here.
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9. Los Angeles, CA
   Average Salary: $106,848
   Los Angeles offers a diverse business landscape with companies like Sony and NBCUniversal. The city's entertainment industry influence creates a unique work culture. Professionals here enjoy a dynamic and competitive environment.
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10. Boulder, CO
    Average Salary: $105,857
    Boulder combines a strong business environment with a laid-back lifestyle. Companies like Ball Corporation and Google offer innovative opportunities. The city's focus on sustainability and outdoor activities enhances the quality of life.
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1. Staples
   Average Salary: $523,466
   Staples offers exciting opportunities for Business Developers. They focus on expanding business in office supply retail. Staples operates in the United States, Canada, and Europe. Their Business Developers work on creating partnerships and driving sales growth.
   

   
   

2. HNTB Corporation
   Average Salary: $250,506
   HNTB Corporation provides Business Development roles in architecture and engineering. They work on large-scale projects across the United States. Business Developers at HNTB focus on securing contracts and expanding the company's market presence.
   

   
   

3. Syneos Health Commercial Solutions
   Average Salary: $242,500
   Syneos Health Commercial Solutions offers Business Development positions in the healthcare sector. They operate in North America, Europe, and Asia. Business Developers here work on improving healthcare solutions and expanding market reach.
   

   
   

4. synchrony
   Average Salary: $196,719
   Synchrony provides Business Development roles in the financial services sector. They focus on consumer finance and operate in the United States. Business Developers at Synchrony work on expanding financial products and services.
   

   
   

5. Apple
   Average Salary: $184,842
   Apple offers Business Development roles in technology. They operate globally, with a strong presence in the United States, Europe, and Asia. Business Developers at Apple work on expanding the company's product line and market presence.
   

   
   

6. U.S. Bank
   Average Salary: $176,774
   U.S. Bank provides Business Development roles in banking. They operate across the United States. Business Developers at U.S. Bank focus on expanding financial services and customer relationships.
   

   
   

7. Amazon.com
   Average Salary: $176,476
   Amazon.com offers Business Development roles in e-commerce. They operate globally, with a strong presence in the United States, Europe, and Asia. Business Developers at Amazon work on expanding product offerings and market reach.
   

   
   

8. Thermo Fisher Scientific
   Average Salary: $175,681
   Thermo Fisher Scientific provides Business Development roles in the life sciences sector. They operate globally, with a strong presence in North America, Europe, and Asia. Business Developers here work on expanding scientific solutions and market presence.
   

   
   

9. Amazon Web Services
   Average Salary: $175,263
   Amazon Web Services offers Business Development roles in cloud computing. They operate globally, with a strong presence in the United States, Europe, and Asia. Business Developers at AWS work on expanding cloud services and market reach.
   

   
   

10. L3Harris
    Average Salary: $170,433
    L3Harris provides Business Development roles in aerospace and defense. They operate globally, with a strong presence in the United States, Europe, and the Middle East. Business Developers at L3Harris focus on expanding defense solutions and market presence.
    

A Business Developer can increase their earnings by focusing on several key areas. They should aim to build strong relationships with clients and partners. This involves understanding their needs and offering tailored solutions. Networking plays a crucial role in opening new opportunities. Attending industry events and joining professional groups can lead to valuable connections.

Another important factor is continuous learning. Staying updated with industry trends and acquiring new skills can make a Business Developer more effective. This can lead to higher-paying roles and promotions. Effective communication skills are also vital. Being able to clearly present ideas and negotiate deals can significantly impact earnings. Lastly, setting clear goals and tracking progress helps in achieving higher performance and, consequently, better compensation.

Here are five factors to consider for earning more as a Business Developer:

1. Build strong client relationships
2. Network actively and join professional groups
3. Continuously learn and acquire new skills
4. Develop effective communication skills
5. Set clear goals and track progress