As of May 01, 2025, the average annual salary for a Business Development Manager in Memphis, TN is $124,064. Salary.com reports that pay typically ranges from $106,745 to $138,073, with most professionals earning between $90,978 and $150,828.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $138,073 | $11,506 | $2,655 | $66 |
| Average | $124,064 | $10,339 | $2,386 | $60 |
| 25th Percentile | $106,745 | $8,895 | $2,053 | $51 |
An entry-level Business Development Manager with under 1 year experience makes about $118,377. With less than 2 years of experience, a mid-level Business Development Manager makes around $118,894. After 2-4 years, the Business Development Manager pay rises to about $121,479. Those senior Business Development Manager with 5-8 years of experience earn roughly $125,528, and those Business Development Manager having 8 years or more experience are expected to earn about $129,710 on average.
| Levels | Salary |
|---|---|
| Entry Level Business Development Manager | $118,377 |
| Intermediate Level Business Development Manager | $118,894 |
| Senior Level Business Development Manager | $121,479 |
| Specialist Level Business Development Manager | $125,528 |
| Expert Level Business Development Manager | $129,710 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 8% |
| Top Level | 5% |
| Experienced | 2% |
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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.
Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.
| Skill | Salary | Demand |
|---|---|---|
|
Collaboration
|
$129,027 |
4%
|
|
Consulting
|
$129,027 |
4%
|
|
Project Management
|
$129,027 |
4%
|
|
RFP
|
$129,027 |
4%
|
|
Innovation
|
$129,027 |
4%
|
|
Insight
|
$129,027 |
4%
|
