How much does a Business Development Manager make in New York, NY? The average Business Development Manager salary in New York, NY is $163,254 as of April 24, 2024, but the range typically falls between $142,141 and $185,565. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Business Development Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Development Manager Salary $122,919 New York,NY April 24, 2024
25th Percentile Business Development Manager Salary $142,141 New York,NY April 24, 2024
50th Percentile Business Development Manager Salary $163,254 New York,NY April 24, 2024
75th Percentile Business Development Manager Salary $185,565 New York,NY April 24, 2024
90th Percentile Business Development Manager Salary $205,877 New York,NY April 24, 2024
25% $142,141 10% $122,919 90% $205,877 75% $185,565 $163,254 50%(Median) Didn’t find job title? Click
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What skills does a Business Development Manager need?

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.

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.

2.

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.

3.

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

Presentation 5.27%
Microsoft Office 1.56%
Promotion 0.99%
Others 92.18%

Job Description for Business Development Manager

Business Development Manager manages the daily execution of the business development strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Coaches teams in best practices and effective tactics for prospecting new markets, partners, channels, and customers. Being a Business Development Manager establishes team targets and metrics to measure the achievement of objectives. Develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Additionally, Business Development Manager makes suggestions for new product offerings or improvements to sales or marketing efforts. May administer or negotiate new business proposals and prepare contracts. Typically requires a bachelor's degree. Typically reports to a director. The Business Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Business Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Business Development Manager in New York, NY
  • PruTech. Sales Executive. Locations: NYC. Charlotte, NC. Albany, NY. Iselin, NJ. Hybrid: onsite 3 days/week. If you are a Business Development Executive se...
    - 3 Days Ago
  • Job Title. Business Development Manager. Department. Center of Excellence for Healthy Water Solutions. Title of Manager/Supervisor. Director of CoE for Hea...
    - 5 Days Ago
  • A pioneer in K-12 education since 2000, Amplify is leading the way in next-generation curriculum and assessment. Our core and supplemental programs in ELA,...
    - 5 Days Ago
  • A pioneer in K-12 education since 2000, Amplify is leading the way in next-generation curriculum and assessment. Our core and supplemental programs in ELA,...
    - 4 Days Ago
  • Job Description. Territory Sales & Business development Manager ( Prior service to a certification body). Are you a dedicated team player with a passion fo...
    - 2 Days Ago

Career Path for Business Development Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Business Development Manager, the first career path typically starts with a Business Development Manager, Sr. position, and then progresses to Business Development Director.

Additionally, the second career path typically progresses to Business Development Director - Biotech.

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Business Development Manager salary varies from city to city. Compared with national average salary of Business Development Manager, the highest Business Development Manager salary is in San Francisco, CA, where the Business Development Manager salary is 25.0% above. The lowest Business Development Manager salary is in Miami, FL, where the Business Development Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Business Development Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
142141
185565
163254

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
154349
210844
180265
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Manager in New York, NY. The base salary for Business Development Manager ranges from $142,141 to $185,565 with the average base salary of $163,254. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $154,349 to $210,844 with the average total cash compensation of $180,265.
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142141
185565

 

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About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago    View the Cost of Living in New York, New York

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