Lowe's Home Improvement Business Development Manager Salary | Comparably
Lowe's Home Improvement Claimed Company
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com. read more
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Lowe's Home Improvement Business Development Manager Salary

The average Lowe's Home Improvement Business Development Manager earns an estimated $154,947 annually, which includes an estimated base salary of $123,480 with a $31,467 bonus. Lowe's Home Improvement's Business Development Manager compensation is $22,806 more than the US average for a Business Development Manager. Business Development Manager salaries at Lowe's Home Improvement can range from $55,000 - $306,000.

The Business Development Department at Lowe's Home Improvement earns $5,636 more on average than the Marketing Department.

Last updated a year ago.

$30k
$55k
$80k
$105k
$22.22M
$154,947
Average Compensation
$123,480
avg. base
$31,467
avg. bonus

Business Development Manager Salaries at Lowe's Home Improvement

Business Development Managers earn $2,020 more than Business Development Managers, and $52,000 less than Directors of Business Development.

Director of Business Development
$207k*
Business Development Manager
$153k*
Account Manager
$116k*
Account Executive
$106k*
* estimated salary

Compensation at Lowe's Home Improvement by Department

The Business Development Department averages $5,636 more than the Marketing Department, and $8,187 less than the Engineering Department

Engineering
$131,329 Avg. total comp.
+$8k
Business Development
$123,142 Avg. total comp.
Marketing
$117,506 Avg. total comp.
-$6k

Business Development Manager Compensation by Gender (All Companies)

The average female Business Development Manager at companies similar size to Lowe's Home Improvement reported making $151,865, while the average male Business Development Manager at similar sized companies reported making $160,499.

Business Development Manager Compensation by Ethnicity (All Companies)

The average Hispanic or Latino Business Development Manager at companies similar size to Lowe's Home Improvement reported making $180,546, while the average African American/Black Business Development Manager at similar sized companies reported making $121,400.

How Business Development Managers at Lowe's Home Improvement Rate Their Compensation

The majority of Business Development Managers at Lowe's Home Improvement believe they're compensated fairly. 59% of Business Development Managers at Lowe's Home Improvement say they receive annual bonuses, and the majority (65%) are satisfied with their benefits. See more compensation ratings at Lowe's Home Improvement

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