How much does a Head of Business Development make?

As of April 01, 2025, the average annual salary for a Head of Business Development in the United States is $290,033. According to Salary.com, salaries can range from a low of $228,536 to a high of $358,924, with most professionals earning between $257,843 and $326,093.

Head of Business Development Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $326,093 $27,174 $6,271 $157
Average $290,033 $24,169 $5,578 $139
25th Percentile $257,843 $21,487 $4,959 $124

Average Salary

25% $257,843 10% $228,536 90% $358,924 75% $326,093 $290,033 50%(Median)
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How much does a Head of Business Development make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Head of Business Development salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Head of Business Development is about $290,033 a year, this translates to an approximate hourly rate of $139, a monthly salary of about $24,169, and a weekly pay of around $5,578 . Click the switch button below to see more details about Head of Business Development hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Head of Business Development's Salary?

An entry-level Head of Business Development with less than 1 year of experience earns about $270,355. With 1-2 years of experience, the average salary increases to $273,237. For 2-4 years of experience, the pay typically rises to $277,081. Senior-level professionals with 5-8 years of experience earn around $282,846, and those with over 8 years of experience can expect an average of $290,053.

Levels Salary
Entry Level Head of Business Development $270,355
Intermediate Level Head of Business Development $273,237
Senior Level Head of Business Development $277,081
Specialist Level Head of Business Development $282,846
Expert Level Head of Business Development $290,053
$270,355 0 yr
$273,237 < 2 yrs
$277,081 2-4 yrs
$282,846 5-8 yrs
$290,053 > 8 yrs
Last Updated on April 01, 2025
Entry Level 7%
Mid Level 6%
Senior Level 4%
Top Level 2%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Head of Business Development vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Head of Business Development is $362,213.
  • In New York, NY, the average annual salary is $336,113.
  • In Boston, MA, a Head of Business Development earns $323,473 per year.

What is the salary trend of Head of Business Development?

As of April 01, 2025, our research reveals a significant shift in Head of Business Development compensation over the past six years. For example, the median salary increased from $289,994 in 2023 to approximately $287,937 in 2024. (For a detailed analysis of Head of Business Development salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Head of Business Development Over Time

2020
$???
2021
$???
2022
$???
$289,994
2023
$287,937
2024
$282,889
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$289,994
2024
$287,937
2025
$282,889
2026
$???
Last Updated on April 01, 2025

Head of Business Development Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $289,994
2024 $287,937
2025 $282,889
2026 View More
Last Updated on April 01, 2025

Job Openings of Head of Business Development

Salary.com job board provides millions of Head of Business Development information for you to search for. Click on search button below to see Head of Business Development job openings or enter a new job title here.

Most Common Benefits for Head of Business Development

Based on HR-reported data: a national average with a geographic differential
Base Salary 76.6%
Bonuses 0.0%
Social Security 3.9%
401k/403b 2.8%
Disability 1.5%
Healthcare 2.2%
Pension 3.6%
Time Off 9.4%
Core Compensation
Core Compensation Median % of Total
Base Salary $290,033 76.6%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $14,659 3.9%
401K/403B $10,500 2.8%
Disability $5,801 1.5%
Healthcare $8,352 2.2%
Pension $13,500 3.6%
Time Off $35,696 9.4%
Total Compensation $378,541 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Head of Business Development with different levels of education?

Salaries for Head of Business Development with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Head of Business Development with a Bachelor's Degree is $312,955 - $344,676. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Head of Business Development Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Head of Business Development
Degree Level % of user with this level of education
No Diploma 0.5%
High School 2.3%
Associates 2.6%
Bachelors 33.1%
Masters 53.3%
Doctorate 8.2%
Typical Education for Head of Business Development
No Diploma 0.5%
High School 2.3%
Associates 2.6%
Bachelors 33.1%
Masters 53.3%
Doctorate 8.2%
view as table

Head of Business Development Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Head of Business Development

1. What is the average salary of a Head of Business Development?

The average annual salary of Head of Business Development is $290,033. In case you are finding an easy salary calculator, the average hourly pay of Head of Business Development is $139; the average weekly pay of Head of Business Development is $5,578; the average monthly pay of Head of Business Development is $24,169.

2. Where can a Head of Business Development earn the most?

A Head of Business Development's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Head of Business Development earns the most in San Jose, CA, where the annual salary of a Head of Business Development is $365,813.

3. What is the highest pay for Head of Business Development?

The highest pay for Head of Business Development is $358,924.

4. What is the lowest pay for Head of Business Development?

The lowest pay for Head of Business Development is $228,536.

5. What are the responsibilities of Head of Business Development?

The Head of Business Development is responsible for developing new market initiatives, assessing new markets, and analyzing business opportunities. Plans and directs all aspects of an organization's business development policies, objectives, and initiatives. Being a Head of Business Development may also be accountable for licensing initiatives and programs; duties include negotiating contracts, initiating proposals, and closing deals. Conducts financial feasibility studies and develops proposals for new business opportunities. In addition, Head of Business Development requires a bachelor's degree. Typically reports to top management. The Head of Business Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head.

6. What are the skills of Head of Business Development

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

Sales Operations: Sales operations is a set of business activities and processes that help a sales organization run effectively, efficiently and in support of business strategies and objectives. Sales operations may also be referred to as sales, sales support or business operations. The set of sales operations activities vary from company to company but often include these five categories: Sales Force Enablement Sales Process Development Sales Process Adoption and Compliance Sales Development Sales Training Sales Force Communications ManagementBusiness Analytics Sales Metrics Sales ForecastingSales Administration Proposal/Contract Development Vendor Selection and Management Planning Process StewardshipAttainment Planning Incentive Sales Compensation Plan Design GTM Strategy Alignment with Roles and Components Territory Analysis and Definition Goal SettingSales Operations Mandate and Design

3.)

Sales and Marketing: Marketing consists of the strategies your company employs to generate interest in your business. Sales are the methods by which you convert that interest into a transaction.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Head of Business Development is $290,033 per year in the United States, updated at April 01, 2025.
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