FARO Technologies Business Development Manager Salary | Comparably
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FARO Technologies Claimed Company
Headquartered in Lake Mary, Florida, with over 25 offices around the world, FARO provides leading-edge measurement solutions, outstanding customer support and steady industry leadership. When PhD students Simon Raab and Greg Frasier launched FARO from a garage in 1981, they envisioned the start-up as a pioneer for 3D measurement and imaging that would provide precision technology to guide their customers to success. Fittingly, FARO isn’t just an acronym for Frasier and Raab Orthopedics, but a derivative of the ancient Greek word “pharos,” meaning lighthouse — a beacon for people seeking the path forward in both the literal and figurative sense. Today, FARO is proud to continue helping customers see further, realize their vision and successfully navigate through any rough tides that come their way. read more
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FARO Technologies Business Development Manager Salary

The average FARO Technologies Business Development Manager earns an estimated $138,867 annually, which includes an estimated base salary of $110,854 with a $28,014 bonus. FARO Technologies' Business Development Manager compensation is $6,726 more than the US average for a Business Development Manager. Business Development Manager salaries at FARO Technologies can range from $64,000 - $240,000.

The Business Development Department at FARO Technologies earns $2,499 more on average than the IT Department.

Last updated a year ago.

$30k
$55k
$80k
$105k
$22.22M
$138,867
Average Compensation
$110,854
avg. base
$28,014
avg. bonus

Business Development Manager Salaries at FARO Technologies

Business Development Managers earn $3,354 more than Business Development Managers.

Business Development Manager
$136k*
Account Manager
$99k*
Account Executive
$83k*
* estimated salary

Compensation at FARO Technologies by Department

The Business Development Department averages $2,499 more than the IT Department, and $7,609 less than the HR Department

HR
$100,438 Avg. total comp.
+$8k
Business Development
$92,829 Avg. total comp.
IT
$90,330 Avg. total comp.
-$2k

Business Development Manager Compensation by Gender (All Companies)

The average female Business Development Manager at companies similar size to FARO Technologies reported making $126,047, while the average male Business Development Manager at similar sized companies reported making $134,824.

Business Development Manager Compensation by Ethnicity (All Companies)

The average Native American Business Development Manager at companies similar size to FARO Technologies reported making $195,000, while the average African American/Black Business Development Manager at similar sized companies reported making $88,600.

How Business Development Managers at FARO Technologies Rate Their Compensation

The majority of Business Development Managers at FARO Technologies believe they're not compensated fairly. The majority (57%) of Business Development Managers at FARO Technologies are satisfied with their benefits. See more compensation ratings at FARO Technologies

Do you believe you're paid fairly?
43% Yes
43
Does your company give annual bonuses?
0% Yes
0
Are you satisfied with your Benefits?
57% Yes
57

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