Business Development Consultant Salary

Business Development Consultants in the United States can expect to earn an average of $61K per year. In the world of Business Development Consultants, overall cash allowance can occasionally include more than $29K from bonuses and, in some exceptional cases, $15K from profit sharing, causing incomes to vary widely between $39K and $191K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Male Business Development Consultants are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. Although more than half have medical coverage and the larger part have dental coverage, just under a third claim no health benefits at all. Job satisfaction is reported as high by the vast majority of workers. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$39,234 - $118,480
(Median)
$39K
$61K
$120K
MEDIAN: $61,031
10%
50%
90%

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$15.14 - $201.34
(Median)
$15
$65
$200
MEDIAN: $64.00
10%
50%
90%

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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
$39,234 - $118,480  
   
Bonus
$0.00 - $29,362  
Profit Sharing
$-0.50 - $15,152  
Commission
$2,051 - $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).
)
$39,081 - $190,849  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 226
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 - $29,362  
   
Commission
$2,051 - $68,956  
Profit Sharing
$-0.50 - $15,152  
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).
)
$39,081 - $190,849  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | 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 imply that Business Development Consultants put a diverse skill set to use. Fortunate workers who know Strategic Planning command much higher paychecks, scoring salaries 26 percent above average. Skills that pay less than market rate include Customer Relationship Management and Sales. 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 who reported more years of relevant experience also reported higher earnings. Average salaries for inexperienced employees average out to around $60K, but folks who have five to 10 years of experience earn a higher median of $80K. Business Development Consultants claiming one to two decades of experience make an estimated median of $92K. Professionals who achieve more than 20 years of experience generally enjoy cushy salaries; their median compensation sits in the ballpark of $150K, a plump six-figure sum.

Related Job Salaries

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Experience Affects Business Development Consultant Salaries




National Average
$75,000


Skills That Affect Business Development Consultant Salaries

Strategic Planning
up arrow 26%

Research Analysis
up arrow 3%

Business Development
up arrow 1%

National Average
$75,000

Sales
up arrow 4%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 56%
medical benefits
Vision: 50%
dental benefits
None: 31%
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