Business Development Consultants in the United States can expect wages of $58K annually on average. Geography is the biggest factor affecting pay for this group, followed by tenure. Business Development Consultants who participated in the survey are largely men, dominating at 60 percent. For the most part, Business Development Consultants enjoy their work and report high levels of job satisfaction. While one in three report receiving no health benefits, a majority do receive medical coverage, and slightly more than half have dental, as well. The data for this synopsis comes from respondents who took the PayScale salary survey.

$36,747 - $111,063
$37K
$58K
$110K
MEDIAN: $57,622
10%
50%
90%

Add this chart to your site: 640px    300px

$11.15 - $187.40
$11
$31
$190
MEDIAN: $31.30
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$36,747 - $111,063  
   
Bonus
$961 - $25,623  
Profit Sharing
$2,449  
Commission
$2,433 - $68,956  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,446 - $149,121  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 137
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70$140$210
Hourly Rate
$11.15 - $187.40  
   
Overtime
$38.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Bonus
$961 - $25,623  
   
Commission
$2,433 - $68,956  
Profit Sharing
$2,449  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,446 - $149,121  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 31

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Business Development Consultant

Business development consultants work with businesses to help them open and function successfully. In most cases, a business development consultant works with new companies to assist them in finding successful, effective initial strategies; often, the consultant works with them before opening to develop a foundation for their business and create a plan to help them succeed. At times, the consultant also works with established companies to help move them in new directions or get back on track.

Read More...

Business Development Consultant Tasks

  • Strengthen and expand relationships with clients, maintain contact, and sell upgrades and new products.
  • Track performance and client statistics.
  • Collaborate with other teams to develop and refine products and pitches about products.
  • Promote products and services through targeted outreach efforts.

Business Development Consultant Job Listings

Search for more jobs:

Popular Skills for Business Development Consultant


Business Development Consultants report using a pretty varied skill set on the job. Most notably, facility with Strategic Planning and Business Development are correlated to pay that is significantly above average, leading to increases of 28 percent and 3 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Research Analysis, Customer Relationship Management, and Sales. The majority of those who know Business Development also know Research Analysis.

Pay by Experience Level for Business Development Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. The average beginner in this position makes around $57K, but folks who have been around for five to 10 years see a markedly higher median salary of $74K. Business Development Consultants with one to two decades of relevant experience report an average salary of approximately $88K. People who have worked for more than 20 years report a median income of $100K, which is barely higher than the median for folks with 10 to 20 years of experience.

Related Job Salaries

Key Stats for Business Development Consultant

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.
033
Less than 1 year
4%
1-4 years
34%
5-9 years
27%
10-19 years
17%
20 years or more
18%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Consultant Salaries




National Average
$69,000


Skills That Affect Business Development Consultant Salaries

Strategic Planning
up arrow 28%


National Average
$69,000


up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
4%
1-4 years
34%
5-9 years
27%
10-19 years
17%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 53%
vision benefits
Vision: 49%
dental benefits
None: 33%
ADVERTISEMENT