Salaries//Chicago, IL//Business Development Representative

Business Development Representative salary in Chicago, IL

Average Base Salary in Chicago, IL

$56,169
$21,983
Additional Cash Compensation
$78,152
Total Compensation
Median: 50,960
Min: $36K
Max: $165K

How Much Does a Business Development Representative Make in Chicago, IL?

The average salary for a Business Development Representative in Chicago, IL is $56,169. The average additional cash compensation for a Business Development Representative in Chicago, IL is $21,983. The average total compensation for a Business Development Representative in Chicago, IL is $78,152. Business Development Representative salaries are based on responses gathered by Built In from anonymous Business Development Representative employees in Chicago, IL.

Business Development Representative
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Salary Insights

Business Development Representative Salary by gender

The average Business Development Representative salary for women is $54,727 and the average Business Development Representative salary for men is $56,636.

Business Development Representative Salary by Years of Experience

The average salary for a Business Development Representative with 7+ years of experience is $90,000. The average salary for <1 year of experience is $48,709.

Business Development Representative Salary ranges

The most common Business Development Representative salary in Chicago, IL is between $40k - $50k.

Average Sales salaries in Chicago, IL

Job TitleAverage SalarySalary Range
Inside Sales Representative$53,193
Min: $36K
Max: $80K
Customer Support Rep$54,181
Min: $36K
Max: $90K
Sales Development Representative$54,719
Min: $40K
Max: $75K
Business Development Representative$56,169
Min: $36K
Max: $165K
Software Sales Representative$60,000
Min: $60K
Max: $60K
Sales Associate$61,043
Min: $40K
Max: $82K
Sales Operations Analyst$70,128
Min: $40K
Max: $150K
Account Manager$73,283
Min: $35K
Max: $155K
Inside Sales Manager$84,971
Min: $60K
Max: $110K
Client Success Manager$87,221
Min: $40K
Max: $190K
Account Executive$95,339
Min: $45K
Max: $200K
Business Development Manager$98,378
Min: $45K
Max: $200K
Sales Operations Manager$100,826
Min: $70K
Max: $167K
Sales Manager$103,956
Min: $53K
Max: $270K
Sales Engineer$118,473
Min: $70K
Max: $220K
Director of Customer Success$128,316
Min: $70K
Max: $190K
Sales Director$143,862
Min: $57K
Max: $300K
Vice President of Sales$194,757
Min: $135K
Max: $450K
CRO (Chief Revenue Officer)$257,259
Min: $130K
Max: $400K

FAQ

Q:

What is a business development representative?

A.
Business development representatives work to gain new customers for a company through researching, connecting with and presenting company information to qualified client leads.
Q:

How to become a business development representative?

A.
Business development representatives often hold a bachelor’s degree in business, marketing or a similar field. They also typically pursue an internship or entry-level experience in business development, sales or related roles.
Q:

What is the difference between a business development manager (BDR) and a sales development manager (SDR)?

A.
While SDRs usually focus on finding qualified inbound leads, BDRs are on the hunt for outbound leads.
Q:

How much does a business development representative make?

A.

The salary range for a business development representative is $36K-$200K. The average salary for a Business Development Representative in Chicago, IL is $56,169.

Career Info

Business Development Representative jobs in Chicago, IL

Skills that affect Business Development Representative salaries in Chicago, IL

1
Account Development
3% have this skill
2
Cold Calling
1% have this skill
3
Client Relations
1% have this skill
4
Lead Generation
1% have this skill
5
Prospecting
1% have this skill
6
Account Management
1% have this skill

Average Business Development Representative Salary by Company Size

People with the job title Business Development Representative make the most at companies with 1-10 employees, earning $57,500 on average.

Recent Business Development Representative salaries in Chicago, IL

$55,000
Yearly Salary
A Business Development Executive reported a yearly salary of $55,000 with +$10,000 in additional cash compensation
< 1 Year of Experience
Prefer not to say
51-200 Employees
Chicago, IL
$50,000
Yearly Salary
A Business Development Representative reported a yearly salary of $50,000 with +$15,000 in additional cash compensation
< 1 Year of Experience
Female
51-200 Employees
Chicago, IL
$55,000
Yearly Salary
A BDR reported a yearly salary of $55,000 with +$5,000 in additional cash compensation
< 1 Year of Experience
Prefer not to say
1,000+ Employees
Chicago, IL
$55,000
Yearly Salary
A Business Development Representative reported a yearly salary of $55,000 with +$80,000 in additional cash compensation
1-3 Years of Experience
Female
1,000+ Employees
Chicago, IL
$55,000
Yearly Salary
A Sales Development Representative reported a yearly salary of $55,000 with +$25,000 in additional cash compensation
1-3 Years of Experience
Female
51-200 Employees
Chicago, IL
$50,000
Yearly Salary
A Business Development Representative reported a yearly salary of $50,000 with +$12,000 in additional cash compensation
< 1 Year of Experience
Prefer not to say
501-1,000 Employees
Chicago, IL
$140,000
Yearly Salary
A Business Development Director reported a yearly salary of $140,000 with +$45,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$50,000
Yearly Salary
A Business Development Representative reported a yearly salary of $50,000 with +$20,000 in additional cash compensation
1-3 Years of Experience
Female
51-200 Employees
Chicago, IL
$50,000
Yearly Salary
A Business Development Representative reported a yearly salary of $50,000 with +$20,000 in additional cash compensation
1-3 Years of Experience
Male
201-500 Employees
Chicago, IL
$70,000
Yearly Salary
A Sales Development Representative reported a yearly salary of $70,000 with +$35,000 in additional cash compensation
1-3 Years of Experience
Female
51-200 Employees
Chicago, IL