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Tag: business development

Business Development Manager Salary: What You Can Expect to Earn

Business Development Manager Salary: What You Can Expect to Earn

business & finance
Business development managers (BDMs) are responsible for driving business growth within a company. They do this by identifying new opportunities, developing relationships with potential customers, and closing deals. BDMs play a critical role in the success of any company, and their salaries reflect this. The average salary for a BDM in the United States is $133,816 as of July 2023. However, salaries can vary widely depending on a number of factors, including:Industry: BDMs in the technology industry typically earn higher salaries than those in other industries. Experience: BDMs with more experience earn higher salaries than those with less experience. Education: BDMs with a master's degree or higher earn higher salaries than those with a bachelor's degree. Skills: BDMs wi...