Business Development Consultant Salary

Business Development Consultants in the United States take home an average $58K per year. Total cash compensation to Business Development Consultants approaches anywhere from $36K on the lower end to $145K on the higher end; in exceptional cases, this can include more than $25K from bonuses and upwards of $15K from profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. There are more male Business Development Consultants than female among those who completed the questionnaire, making up 66 percent. For the most part, Business Development Consultants enjoy their work and report high levels of job satisfaction. While roughly a third report receiving no health benefits, more than half do receive medical coverage, and the larger part have dental, as well. The numbers in this rundown were provided by PayScale's salary survey participants.

$36,307 - $113,624
$36K
$59K
$110K
MEDIAN: $58,661
10%
50%
90%

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$11.74 - $127.66
$12
$36
$130
MEDIAN: $35.63
10%
50%
90%

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$0$147K
Salary $36,307 - $113,624
Bonus $204.26 - $25,790
Profit Sharing $0.00 - $15,205
Commission $3,523 - $54,298
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).
)
$35,483 - $147,980
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 137
Hourly Data $0$127
Hourly Rate $11.74 - $127.66
Overtime $30.69
Annual Data $0$147K
Bonus $204.26 - $25,790
Commission $3,523 - $54,298
Profit Sharing $0.00 - $15,205
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).
)
$35,483 - $147,980
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 36

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

Popular Skills for Business Development Consultant


Business Development Consultants who responded to the survey report just a handful of professional 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 31 percent, 23 percent, and 8 percent, respectively. It is often found that people who know Business Development are also skilled in 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: $69,541

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

For Business Development Consultants, working in the bustling city of Seattle has its advantages, including an above-average pay rate. 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). Location is a huge contributor to overall pay, with Business Development Consultants in Dallas earning a whopping 29 percent below the national average. Two other places where employers offer below-median salaries are Chicago (24 percent less) and Austin (23 percent less).

Related Job Salaries

Key Stats for Business Development Consultant

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.
Less than 1 year
3%
1-4 years
31%
5-9 years
30%
10-19 years
18%
20 years or more
17%

Experience Affects Business Development Consultant Salaries

▲63%

▲44%

▲6%

National Average
$70,000

▼16%

Skills That Affect Business Development Consultant Salaries

Strategic Planning
▲27%



National Average
$70,000


▼5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
3%
1-4 years
31%
5-9 years
30%
10-19 years
18%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 56%
vision benefits
Vision: 51%
no benefits
None: 34%