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How much does a Business Development Executive make?

The average salary for a Business Development Executive is $84,551 per year in the US.

Business Development Executives play a crucial role in growing a company. Their work includes finding new business opportunities, negotiating deals, and maintaining relationships with clients. The average yearly salary for this position stands at about $84,551. This figure can vary based on experience, location, and the size of the company.


The salary range for Business Development Executives can be quite broad. At the lower end, some professionals earn around $34,887 per year. As experience and expertise grow, salaries can reach up to $219,050 annually. This range highlights the potential for growth in this career field. Executives in larger firms and in major cities often earn more than those in smaller companies or less urban areas.

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

San Francisco, CA, offers the highest average salary for Business Development Executives, at $160,737. This city tops the list as a prime location for those seeking top compensation in their roles. Washington, DC, follows closely with an average salary of $138,158. Additionally, Denver, CO, provides a competitive average salary of $129,507 for these professionals. Other cities like Boston, MA, and Seattle, WA, also present attractive salary packages for Business Development Executives.
Graph displaying highest paying cities salaries for Business Development Executive jobs, highlighting San Francisco, CA with the highest at $160,737 and Chicago, IL with the lowest at $119,526.
  1. San Francisco, CA
    Average Salary: $160,737
    San Francisco offers a bustling environment for business professionals. The tech-centric hub attracts numerous startups and established companies, providing diverse opportunities. Companies like Salesforce and Google offer dynamic roles for those eager to drive growth and innovation.
    Find Business Development Executive jobs in San Francisco, CA


  2. Washington, DC
    Average Salary: $138,158
    In Washington, DC, political and corporate entities converge, creating a unique market for business development. With major firms like Amazon and Lockheed Martin, there are endless chances to connect and expand business networks. The city's strategic location enhances visibility and access to key decision-makers.
    Find Business Development Executive jobs in Washington, DC


  3. Denver, CO
    Average Salary: $129,507
    Denver stands out with its vibrant business community and strong economic growth. The city’s welcoming atmosphere and outdoor lifestyle make it ideal for professionals. Companies such as Charles Schwab offer great platforms for business growth and professional development.
    Find Business Development Executive jobs in Denver, CO


  4. Boston, MA
    Average Salary: $127,421
    Boston's rich history in finance and education creates a fertile ground for business development. The city's prestigious institutions and large corporations offer plenty of opportunities. Companies like Fidelity Investments and Liberty Mutual provide solid platforms for career advancement.
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  5. Seattle, WA
    Average Salary: $124,039
    Seattle’s tech-savvy culture and scenic backdrop make it an exciting place for business professionals. With companies like Microsoft and Amazon, there are countless chances to drive business initiatives. The city’s innovative spirit encourages fresh ideas and solutions.
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  6. San Diego, CA
    Average Salary: $123,659
    San Diego’s sunny climate and robust economy attract many business professionals. The city’s focus on technology and life sciences offers diverse opportunities. With companies such as Qualcomm and biotech firms, there are endless avenues for growth and networking.
    Find Business Development Executive jobs in San Diego, CA


  7. Atlanta, GA
    Average Salary: $123,096
    Atlanta’s growing business landscape and strategic location make it a hotspot for business development. The city’s blend of traditional and new industries offers a dynamic environment. Companies like Coca-Cola and Delta Airlines provide excellent opportunities for expansion and innovation.
    Find Business Development Executive jobs in Atlanta, GA


  8. Los Angeles, CA
    Average Salary: $123,052
    Los Angeles offers a vibrant and diverse market for business development. The city's entertainment and tech sectors provide unique opportunities. With companies like Google and Sony Pictures, professionals can find varied avenues for growth and networking.
    Find Business Development Executive jobs in Los Angeles, CA


  9. Baltimore, MD
    Average Salary: $121,642
    Baltimore’s rich history and emerging tech scene offer a unique setting for business development. The city’s diverse economy provides many opportunities. With companies like Under Armour and Legg Mason, there are many paths for professional growth and development.
    Find Business Development Executive jobs in Baltimore, MD


  10. Chicago, IL
    Average Salary: $119,526
    Chicago’s dynamic business environment and diverse industries offer many opportunities for growth. The city’s strong financial sector and large corporations provide a solid foundation. Companies such as JPMorgan Chase and United Airlines offer robust platforms for professional development.
    Find Business Development Executive jobs in Chicago, IL

What are the best companies a Business Development Executive can work for?

Top-paying companies for business development executives include Google, Amazon Web Services, and U.S. Bank. Google leads the pack with an average salary of nearly $220,000. Amazon Web Services and U.S. Bank follow closely, offering salaries that can exceed $200,000. These companies attract top talent with competitive salaries and benefits. Companies like Wipro, Capgemini, and LabCorp also provide solid compensation packages for business development roles. They ensure that professionals can earn upwards of $160,000 annually.
Graph displaying best paying company salaries for Business Development Executive jobs, highlighting Google with the highest at $219,583 and Virtual Technologies Group with the lowest at $122,059.
  1. Google
    Average Salary: $219,583
    Google offers exciting Business Development Executive roles in various locations, including Mountain View, California, and New York, New York. Professionals in these roles drive growth through strategic partnerships and innovative solutions.


  2. Amazon Web Services
    Average Salary: $213,489
    Amazon Web Services provides Business Development Executive positions with competitive pay. The roles span across locations like Seattle, Washington, and Austin, Texas. These positions focus on expanding AWS's market presence.


  3. U.S. Bank
    Average Salary: $188,806
    U.S. Bank supports Business Development Executives in cities such as Minneapolis, Minnesota, and San Francisco, California. These professionals work on creating new business opportunities and strengthening client relationships.


  4. Wipro
    Average Salary: $180,625
    Wipro offers Business Development Executive positions in India, with offices in Bangalore and Hyderabad. Professionals here focus on growing the company’s footprint in technology and consulting services.


  5. Capgemini
    Average Salary: $165,985
    Capgemini provides diverse Business Development Executive roles across Paris, France, and Bengaluru, India. Employees in these roles drive innovation and growth for clients in various industries.


  6. LabCorp
    Average Salary: $146,364
    LabCorp has Business Development Executive roles in Burlington, North Carolina. Professionals here work on expanding the company's services and market reach in the healthcare sector.


  7. Pritchard Industries
    Average Salary: $140,000
    Pritchard Industries offers competitive Business Development Executive salaries in Irvine, California. These roles involve leading initiatives that expand the company’s business operations.


  8. Main Street America
    Average Salary: $134,804
    Main Street America provides Business Development Executive positions in Boston, Massachusetts. These roles focus on growing the company's presence in the retail and commercial sectors.


  9. Vitesse Systems
    Average Salary: $132,846
    Vitesse Systems offers Business Development Executive roles in San Jose, California. These positions emphasize developing strategic partnerships and growing the company’s technology solutions.


  10. Virtual Technologies Group
    Average Salary: $122,059
    Virtual Technologies Group provides Business Development Executive roles in Salt Lake City, Utah. Professionals here drive the company's growth through innovative business strategies and partnerships.

How to earn more as a Business Development Executive?

A Business Development Executive has many ways to earn more. Building strong relationships and expanding your network can lead to more opportunities. An executive must stay current with industry trends and continuously learn new skills. Effective communication skills are also important. These skills help in closing deals and growing the business.

Here are some factors to consider for earning more as a Business Development Executive:

  • Relationships: Build strong connections with clients and partners. Good relationships can lead to more deals and referrals.
  • Skills: Keep learning and improving. New skills can make you more valuable.
  • Communication: Speak and write clearly. Good communication can help close deals.
  • Networking: Attend events and connect with others in your industry. Networking can lead to new opportunities.
  • Industry Trends: Stay informed about what is happening in your industry. This knowledge can help you make better decisions.

Currently 477 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
Overview
Business Development Executive
477 Job Openings