Business Development Consultant Salary

Business Development Consultants in the United States take home an average $58K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Although approximately one in three lack health benefits of any kind, a majority do enjoy medical insurance, and a little more than half get dental coverage, too. Job satisfaction for Business Development Consultants is high. The majority of Business Development Consultants (64 percent) who took the survey are men. The information for this snapshot was generated by responses to the PayScale salary survey.

$37,015 - $118,078
$37K
$58K
$120K
MEDIAN: $57,622
10%
50%
90%

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$11.33 - $184.22
$11
$30
$180
MEDIAN: $30.38
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$50K$100K$150K
Salary
$37,015 - $118,078  
   
Bonus
$987 - $25,647  
Profit Sharing
$2,397  
Commission
$2,923 - $59,392  
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).
)
$36,681 - $145,268  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 143
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
$11.33 - $184.22  
   
Overtime
$31.00  
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
$987 - $25,647  
   
Commission
$2,923 - $59,392  
Profit Sharing
$2,397  
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).
)
$36,681 - $145,268  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 33

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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

  • 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

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Popular Skills for Business Development Consultant


Business Development Consultants report using a diverse set of skills on the job. Most notably, facility with Strategic Planning, Research Analysis, and Business Development are correlated to pay that is significantly above average, leading to increases of 31 percent, 22 percent, and 7 percent, respectively. The majority of those who know Business Development also know Research Analysis.

Pay by Experience Level for Business Development Consultant

Pay by Experience for a Business Development Consultant has a positive trend. An entry-level Business Development Consultant with less than 5 years of experience can expect to earn an average total compensation of $58,000 based on 75 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $74,000 based on 57 salaries. An experienced Business Development Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $100,000 based on 47 salaries. A Business Development Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $113,000 based on 26 salaries.

Pay Difference by Location

National Average: $67,466

Larger city markers indicate a job is popular in that location.

For Business Development Consultants, busy Seattle offers a higher-than-average pay rate, 48 percent above the national average. Business Development Consultants will also find cushy salaries in Los Angeles (+32 percent), San Francisco (+32 percent), San Antonio (+19 percent), and Atlanta (+18 percent). Compared to the national average, Dallas Business Development Consultants have considerably lower salaries, 30 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers in Chicago and Austin also lean toward paying below-median salaries (25 percent lower and 23 percent lower, respectively).

Related Job Salaries

Key Stats for Business Development Consultant

Gender

Female
36 %
Male
64 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.
Less than 1 year
3%
1-4 years
34%
5-9 years
29%
10-19 years
18%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Consultant Salaries

▲68%

▲48%

▲10%

National Average
$67,000

▼13%

Skills That Affect Business Development Consultant Salaries

Strategic Planning
▲31%




National Average
$67,000

▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
29%
10-19 years
18%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 55%
vision benefits
Vision: 51%
no benefits
None: 34%
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