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Salary

How much does a Business Development Executive make?

The average salary for a Business Development Executive is $92,229 per year in the US.

A Business Development Executive's role involves growing a company's revenue by identifying new business opportunities. This position typically comes with a strong salary. On average, a Business Development Executive earns around $92,229 per year. The salary can vary based on experience, location, and company size.

For those just starting in this field, salaries might be lower, around $34,954 per year. With more experience, salaries can rise significantly. Experienced executives can earn well over $200,000 a year. Positions in larger cities and tech hubs often offer higher pay. Companies with greater revenue also tend to pay more. The top earners in this field often have strong networking skills and a track record of successful deals.

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What are the highest paying cities for a Business Development Executive?

Top cities for business development executives offer competitive salaries and promising job opportunities. San Francisco, CA, leads with an average salary of $160,169. Close behind, Washington, DC, offers $135,034. These cities attract many professionals due to the high earning potential in this field. Denver, CO, and Boston, MA, also provide strong salaries at $129,500 and $126,336, respectively. Other cities like Seattle, WA, and Los Angeles, CA, offer solid compensation packages for those in the business development sector. Exploring these cities can help job seekers find rewarding career paths with attractive financial benefits.
Graph displaying highest paying cities salaries for Business Development Executive jobs, highlighting San Francisco, CA with the highest at $160,169 and Los Angeles, CA with the lowest at $115,690.
  1. San Francisco, CA
    Average Salary: $160,169
    In San Francisco, working as a Business Development Executive often involves engaging with tech giants like Google and Salesforce. Opportunities abound in a city buzzing with innovation and startups.
    Find Business Development Executive jobs in San Francisco, CA


  2. Washington, DC
    Average Salary: $135,034
    In Washington, DC, Business Development Executives often work with government agencies and prominent companies like Lockheed Martin. This role can offer a blend of corporate and public sector experience.
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  3. Denver, CO
    Average Salary: $129,500
    Denver’s Business Development Executives enjoy working in a fast-growing city. Companies like Lockheed Martin and Chipotle offer exciting opportunities in a thriving business environment.
    Find Business Development Executive jobs in Denver, CO


  4. Boston, MA
    Average Salary: $126,336
    In Boston, Business Development Executives often connect with top universities and biotech companies. The city’s rich academic environment provides a fertile ground for professional growth.
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  5. Seattle, WA
    Average Salary: $123,116
    Seattle offers a dynamic market for Business Development Executives. Companies like Amazon and Microsoft create a vibrant atmosphere for career advancement.
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  6. Las Vegas, NV
    Average Salary: $121,803
    In Las Vegas, working as a Business Development Executive can involve partnerships with major casinos and hospitality companies. The city’s diverse economy offers a wide range of opportunities.
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  7. San Diego, CA
    Average Salary: $120,659
    San Diego provides a perfect blend of business and leisure. Business Development Executives often engage with defense contractors and tech companies, working in a coastal paradise.
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  8. Atlanta, GA
    Average Salary: $117,689
    Atlanta is known for its strong healthcare and logistics sectors. Business Development Executives here can work with companies like Delta and Coca-Cola, enjoying a lively job market.
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  9. Chicago, IL
    Average Salary: $116,452
    In Chicago, Business Development Executives often collaborate with financial institutions and manufacturing firms. The city’s diverse economy offers a broad range of professional opportunities.
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  10. Los Angeles, CA
    Average Salary: $115,690
    Los Angeles is a hub for entertainment and tech. Business Development Executives can find roles with companies like Disney and Amazon, working in a vibrant and diverse market.
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What are the best companies a Business Development Executive can work for?

Companies like Google and Amazon Web Services offer top-tier salaries for Business Development Executives. Google provides an average salary of $219,000, while Amazon Web Services offers $213,631. These leading tech and logistics firms value skilled business developers and reward them handsomely. Other high-paying companies include U.S. Bank and Wipro, with average salaries of $189,689 and $180,288 respectively. FedEx Logistics and Capgemini also rank well, offering over $179,000 and $164,000 on average. These companies show the strong demand for talent in business development.
Graph displaying best paying company salaries for Business Development Executive jobs, highlighting Google with the highest at $219,000 and Main Street America with the lowest at $134,625.
  1. Google
    Average Salary: $219,000
    At Google, Business Development Executives work to grow business and establish strong partnerships. They operate in many locations, including Mountain View, California, and New York City, New York.


  2. Amazon Web Services
    Average Salary: $213,631
    Amazon Web Services (AWS) provides cloud computing platforms. Business Development Executives at AWS focus on expanding market reach. They work across locations such as Seattle, Washington, and Dublin, Ireland.


  3. U.S. Bank
    Average Salary: $189,689
    U.S. Bank offers a variety of financial services. Business Development Executives here build relationships and drive growth. They operate in major cities like Minneapolis, Minnesota, and Phoenix, Arizona.


  4. Wipro
    Average Salary: $180,288
    Wipro is a global information technology company. Business Development Executives at Wipro focus on strategic partnerships and growth. They work in locations like Bangalore, India, and San Francisco, California.


  5. FedEx Logistics
    Average Salary: $179,909
    FedEx Logistics offers supply chain and logistics solutions. Business Development Executives here drive business initiatives. They operate in key cities such as Memphis, Tennessee, and Indianapolis, Indiana.


  6. Capgemini
    Average Salary: $164,466
    Capgemini is a consulting and technology services firm. Business Development Executives focus on client engagement and growth. They work in locations including Paris, France, and Bengaluru, India.


  7. Thermo Fisher Scientific
    Average Salary: $147,591
    Thermo Fisher Scientific provides scientific instruments and services. Business Development Executives here drive innovation and market growth. They operate in Waltham, Massachusetts, and Carlsbad, California.


  8. LabCorp
    Average Salary: $143,788
    LabCorp offers diagnostic and drug development services. Business Development Executives at LabCorp focus on expanding the company's footprint. They work in locations like Burlington, North Carolina, and Seattle, Washington.


  9. Pritchard Industries
    Average Salary: $140,000
    Pritchard Industries is a leading manufacturer of industrial products. Business Development Executives drive sales and market expansion. They operate in Charlotte, North Carolina, and Houston, Texas.


  10. Main Street America
    Average Salary: $134,625
    Main Street America focuses on small business support and advocacy. Business Development Executives here promote growth and partnerships. They work across the United States.

How to earn more as a Business Development Executive?

A Business Development Executive has many opportunities to earn more. By focusing on certain key factors, it becomes easier to achieve higher earnings. One way to start is by gaining a deep understanding of the industry. This knowledge allows executives to make better decisions and present themselves as valuable assets to the company.

Networking plays a crucial role as well. Building strong relationships with other professionals can lead to new opportunities and higher-paying roles. Attending industry events, joining professional groups, and using social media platforms effectively can open doors to better-paying jobs. Another important factor is developing excellent communication skills. The ability to clearly present ideas and negotiate deals can lead to higher commissions and bonuses. Also, gaining additional certifications or advanced degrees can make an executive more competitive and attractive to employers. Finally, consistently exceeding sales targets and demonstrating a strong work ethic can lead to promotions and higher salaries.

Here are five factors that can help a Business Development Executive earn more:

  1. Industry knowledge
  2. Networking
  3. Communication skills
  4. Additional certifications or degrees
  5. Performance and work ethic

Currently 461 Business Development Executive job openings, nationwide.

How's the job market for a Business Development Executive in the US?

Learn what a Business Development Executive does, how to become one, and understand the job outlook. Get simple steps to start your career as a Business Development Executive today.
Position
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Business Development Executive
461 Job Openings