Microsoft Corporation is a global American technology business with headquarters in Redmond, Washington. Microsoft Business Development Manager creates licenses, sells, and maintains personal computers, consumer electronics, software, and related services.
How Does One Become A Business Development Manager?
A business development manager is an expert that is in charge of the expansion of their division. They collaborate with their sales staff to create ideas that are advantageous to both parties, negotiate the conditions of contracts, and effectively engage with stakeholders.
What Are the Requirements Or Eligibility Criteria For A Business Development Manager?
To manage a long-term, sustainable business portfolio, he must comprehend the customer’s business, business strategy, and industry direction. By presenting creative ideas that make the case for change and highlighting Microsoft’s distinctive value offer, he should be able to disrupt the thinking of customers and sales teams. His job is to mobilize, organize, mentor, and guide the Microsoft Account Team, partners, and clients to help set the course for the challenging yet thrilling journey known as digital transformation. He ought to have demonstrated an understanding of how to manage businesses and commercial models, such as portfolio management, P&L ownership, and company planning, among others. He should have at least a Bachelor’s degree, with an MBA preference, or equal experience, if we’re talking about qualifications.
Salary For A Microsoft Business Development Manager:
The typical yearly compensation for a Business Development Manager is $205,314, which comprises a base salary of $139,114 and a bonus of $66,200. This total salary for a Business Development Manager is $88,814 higher than the national average. Microsoft’s Business Development Manager equity might range from 0 to 100K+, with a salary between $116,586 and $254,000 possible. At Microsoft, the Business Development division makes $16,690 more on average than the HR division.
Average Equity For A Microsoft Business Development Manager:
The average Microsoft Business Development Manager receives stock with a value ranging from $0 to over $100,000.
Microsoft’s Compensation Breakdown By Department:
On average, the Business Development Department costs $10,987 less than the Engineering Department and $16,690 more than the HR Department.
Salary For Business Development Managers By Gender:
At businesses the size of Microsoft, the average female business development manager reported earning $154,083, while the average male business development manager reported earning $157,880.
Salary For Business Development Managers By Ethnicity:
At businesses the size of Microsoft, the typical business development manager who is Asian or Pacific Islander reported making $156,503, while the average business development manager who is African American or Black reported making $121,400.
How Do Microsoft Business Development Managers Feel About Their Pay?
The majority of Microsoft’s business development managers think their pay is fair. Business Development Managers at Microsoft report receiving annual incentives in 92% of cases, and 84% of them are content with their compensation.