Home > Salary > Mexico > Business Development Specialist
A Business Development Specialist is responsible for identifying and creating new business opportunities for a company. They analyze market trends, research potential clients, and develop strategies to expand the company's customer base and increase revenue. They establish and maintain relationships with key stakeholders, negotiate contracts, and collaborate with cross-functional teams to ensure successful implementation of business initiatives. Additionally, they stay updated on industry developments and competitor activities to stay ahead in the market.
Estimated Yearly Salary: 413,782 MXN
Estimated Monthly Salary: 34,482 MXN
Estimated Weekly Salary: 7,957 MXN per week
Estimated Hourly Salary: 199 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 33,445 MXN
Estimated Weekly Salary: 7,718 MXN per week
Estimated Hourly Salary: 193 MXN per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 20,739 USD
Estimated Monthly Salary: 1,728 USD
Estimated Weekly Salary: 399 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 413,782 MXN
Estimated Monthly Salary: 34,482 MXN
Estimated Weekly Salary: 7,957 MXN per week
Estimated Hourly Salary: 199 MXN per hour
By working as Business Development Specialist a person can save up to 992 USD per month or 11,902 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Business Development Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Business Development Specialist salary in Mexico
Average Yearly Salary of Business Development Specialist in Mexico is approximately 413,782 MXN (20,739 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Development Specialist do?
A Business Development Specialist is responsible for identifying and creating new business opportunities for a company. They analyze market trends, research potential clients, and develop strategies to expand the company's customer base and increase revenue. They establish and maintain relationships with key stakeholders, negotiate contracts, and collaborate with cross-functional teams to ensure successful implementation of business initiatives. Additionally, they stay updated on industry developments and competitor activities to stay ahead in the market.
Skills: Business development, Sales strategy, Market research, Relationship management, Negotiation skills, Revenue growth.
Job industry: Consulting
Job industry: Consulting
How much does Business Development Specialist make?
Salary details
How much does Business Development Specialist make?Estimated Yearly Salary: 413,782 MXN
Estimated Monthly Salary: 34,482 MXN
Estimated Weekly Salary: 7,957 MXN per week
Estimated Hourly Salary: 199 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 401,340 MXNEstimated Monthly Salary: 33,445 MXN
Estimated Weekly Salary: 7,718 MXN per week
Estimated Hourly Salary: 193 MXN per hour
Last revision of data: 2024-01-06Business Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,739 USD
Estimated Monthly Salary: 1,728 USD
Estimated Weekly Salary: 399 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Specialist job salary compared to average salary in Mexico.
Comparison shows that a person working as Business Development Specialist in Mexico earns on average:
1.25 times the average salary (or 125% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Specialist job salary compared to average salary in Mexico.
Comparison shows that a person working as Business Development Specialist in Mexico earns on average:
1.25 times the average salary (or 125% of average salary).
Is Business Development Specialist a well paid job?
Yes, our data shows that Business Development Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Development Specialist?
High salary for Business Development Specialist would be somewhere between 455,160 MXN and 599,984 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Development Specialist in Mexico?
Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 413,782 MXN
Estimated Monthly Salary: 34,482 MXN
Estimated Weekly Salary: 7,957 MXN per week
Estimated Hourly Salary: 199 MXN per hour
By working as Business Development Specialist a person can save up to 992 USD per month or 11,902 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Development Specialist
United States is 64,205 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Certified orthodontic assistant (287,602 MXN per year, pre-tax.)
Education curator (377,506 MXN per year, pre-tax.)
Investor relations coordinator (371,614 MXN per year, pre-tax.)
Telephone operator (149,227 MXN per year, pre-tax.)
Sales operations coordinator (362,060 MXN per year, pre-tax.)
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