Business Development Consultant Salary

Pay for Business Development Consultants in the United States sits in the ballpark of $63K annually. Cash earnings for Business Development Consultants — which occasionally include more than $29K from bonuses and more than $12K from profit sharing — stretch from around $40K to approximately $182K. Experience level is the biggest factor affecting pay for this group, followed by geography. While just under one in three report receiving no health benefits, a majority do receive medical coverage, and more than half have dental, as well. Men working as Business Development Consultants who took the survey just slightly outnumber women at 59 percent. The majority of Business Development Consultants claim high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$39,199 - $121,381
(Median)
$39K
$63K
$120K
MEDIAN: $62,836
10%
50%
90%

Add this chart to your site: 640px    300px

$15.12 - $201.80
(Median)
$15
$65
$200
MEDIAN: $65.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$39,199 - $121,381  
   
Bonus
$0.00 - $28,585  
Profit Sharing
$993 - $11,778  
Commission
$2,027 - $65,436  
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).
)
$39,562 - $181,926  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 215
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$1.7K$3.4K$5.1K
Hourly Rate
$15.12 - $201.80  
   
Overtime
$0.00 - $4,848  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$5M$10M$15M
Bonus
$0.00 - $28,585  
   
Commission
$2,027 - $65,436  
Profit Sharing
$993 - $11,778  
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).
)
$39,562 - $181,926  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 65
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: 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

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

Business Development Consultant Job Listings

Search for more jobs:

Popular Skills for Business Development Consultant


Business Development Consultants only report a few specific skills. Most notably, facility with Strategic Planning and Research Analysis are correlated to pay that is significantly above average, leading to increases of 25 percent and 10 percent, respectively. Those educated in Business Development tend to be well versed in Research Analysis.

Pay by Experience Level for Business Development Consultant

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


For many Business Development Consultants, experience and pay levels seem to be correlated; more years in the business generally lead to more money. The median compensation for relatively untried workers is $60K; in the five-to-10 year group, it's higher at around $81K. People with 10 to 20 years of experience make an average of about $97K in this role. Six-figure salaries aren't unusual for professionals who have achieved more than 20 years of experience; median compensation for this group sits in the range of $150K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Business Development Consultant Salaries



Mid-Career
up arrow 6%

National Average
$76,000


Skills That Affect Business Development Consultant Salaries

Strategic Planning
up arrow 25%


Business Development
up arrow 3%

Sales
0%

National Average
$76,000

Customer Relationship Management (CRM)
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
5%
1-4 years
27%
5-9 years
23%
10-19 years
30%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 67% dental benefits Dental: 57%
vision benefits Vision: 49% employee benefits None: 31%
ADVERTISEMENT