A Business Development Specialist earns an average salary of C$55,997 per year. For the first five to ten years in this position, pay increases steeply, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience.

C$39,693 - C$80,814
C$40K
C$56K
C$81K
MEDIAN: C$56,115
10%
50%
90%
C$19.08 - C$24.33
C$23
MEDIAN: C$23.15
50%
C$0C$85K
Salary C$39,693 - C$80,814
Bonus C$0.00 - C$15,101
Profit Sharing C$0.00
Commission C$1,961 - C$29,087
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).
)
C$40,787 - C$85,749
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 131
Hourly Data C$0C$34
Hourly Rate C$23.15
Overtime C$34.56
Annual Data C$0C$85K
Bonus C$0.00 - C$15,101
Commission C$1,961 - C$29,087
Profit Sharing C$0.00
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).
)
C$40,787 - C$85,749
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 9

Job Description for Business Development Specialist

Business development specialists are responsible for creating effective business plans for their company. They are also in charge of analyzing business processes and identifying opportunities to generate additional revenue. They research industries to find purchase patterns and emerging trends to recommend changes for their organization. Business development specialists also assess potential clients and provide development support, as well as act as a facilitator between executives and external contracting sources. They process large amounts of company data to make predictions and create detailed reports. Another of the specialist's main duties includes recommending changes to supply chain management as necessary. They also help implement growth strategies, participate in business meetings, and recommend changes to existing business practices to increase exposure and revenue. Business development specialists also assist with budget development and provide support for existing initiatives.

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Business Development Specialist Tasks

  • Quantifies business intelligence with economic models to evaluate new opportunities; presents findings clearly and makes recommendations for action.
  • Assists with core business development activities, such as generating pitch decks and communicating with clients and competitors to better understand business trends.
  • Seeks out new market insights and business opportunities through research and analysis.

Business Development Specialist Pay By Employer

$0$50K

$42,513

Business Development Specialist Job Listings

Pay Difference by Location

National Average: C$58,051

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

Business Development Specialist Reviews

Q: What is it like working as a Business Development Specialist?

Business Development Specialist in London:
Pros: The flexibility and casual atmosphere, the coaching and mentoring, and the opportunity to advance are some of the more notable perks. Other benefits include the work-laptop and the stipend for a phone.
Cons: Not much is bad about the job. They have a very results driven atmosphere so the pressure to preform is high, but they also understand the difficulty of leads generation in a new industry. The uptake is slow.

Key Stats for Business Development Specialist

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
Less than 1 year
4%
1-4 years
47%
5-9 years
24%
10-19 years
19%
20 years or more
6%

Experience Affects Business Development Specialist Salaries

▲15%

▲12%

National Average
C$58,000

▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
4%
1-4 years
47%
5-9 years
24%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 81%
vision benefits
Vision: 68%
no benefits
None: 8%