Business Development Consultant Salary

Average Business Development Consultants in the United States make around $63K annually. Including potential for bonuses, profit sharing and commission — peaking near $29K, $12K, and $65K, respectively — total cash payment to Business Development Consultants can bottom out near $39K or top out at around $198K. Experience level is the biggest factor affecting pay for this group, followed by geography. Men working as Business Development Consultants who took the survey just slightly outnumber women at 58 percent. Slightly less than a third of professionals in this line of work do not receive benefits; however, the larger part report medical coverage and the greater part claim dental coverage as well. Most workers in this position report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$39,696 - $121,629

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$15.14 - $201.34

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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$70K$140K$210K
Salary
$39,696 - $121,629  
   
Bonus
$0.00 - $29,245  
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).
)
$39,435 - $197,584  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 211
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$1.7K$3.4K$5.1K
Hourly Rate
$15.14 - $201.34  
   
Overtime
$0.00 - $4,848  
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$5M$10M$15M
Bonus
$0.00 - $29,245  
   
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).
)
$39,435 - $197,584  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 66
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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.

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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

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Popular Skills for Business Development Consultant


Survey results show that Business Development Consultants use a fair number of skills. Most notably, facility with Strategic Planning, Research Analysis, and Business Development are correlated to pay that is significantly above average, leading to increases of 25 percent, 10 percent, and 3 percent, respectively. Most people skilled in Business Development are similarly competent in Research Analysis.

Pay by Experience Level for Business Development Consultant

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


Business Development Consultants generally obtain higher compensation for more plentiful past experience. Folks with fewer than five years of experience take home $60K on average, and those who have worked for five to 10 years see a bigger median salary of $81K. Business Development Consultants with one to two decades of relevant experience report an average salary of approximately $97K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $152K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

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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 39 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
4%
1-4 years
27%
5-9 years
23%
10-19 years
29%
20 years or more
16%

Common Health Benefits

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