$63,277
Avg. Salary
$18.34
Avg. Hourly Rate

Average additional compensation:

$2,500

Bonus

$5,800

Profit Sharing

$5,000

Commission

What am I worth?
How should I pay?

The average pay for a Business Development Specialist with Project Management skills is $18.34 per hour.

The average pay for a Business Development Specialist with Project Management skills is $63,277 per year.

10%
$12.16
10%
$18.34
50%
$32.21
90%
90%
MEDIAN $18.34
10%
$42k
10%
$63k
50%
$88k
90%
90%
MEDIAN $63,277
$42,039 - $88,136
$42K
$63K
$88K
MEDIAN: $63,277
10%
50%
90%

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$12.16 - $32.21
$12
$18
$32
MEDIAN: $18.34
10%
50%
90%

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$0$88K
Salary $42,039 - $88,136
Bonus $294 - $6,128
Profit Sharing $5,800
Commission $5,000
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).
)
$38,105 - $88,143
  • Country: United States
  • Currency: USD
  • Updated: 14 Apr 2019
  • Individuals Reporting: 75
Hourly Data $0$32
Hourly Rate $12.16 - $32.21
Overtime $26.00
Annual Data $0$88K
Bonus $294 - $6,128
Commission $5,000
Profit Sharing $5,800
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).
)
$38,105 - $88,143
  • Country: United States
  • Currency: USD
  • Updated: 14 Apr 2019
  • Individuals Reporting: 18

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.

Read More...
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 Job Listings

Key Stats for Business Development Specialist

Gender

Female
69 %
Male
31 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
Less than 1 year
2%
1-4 years
56%
5-9 years
26%
10-19 years
12%
20 years or more
4%

Job Satisfaction

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

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
2%
1-4 years
56%
5-9 years
26%
10-19 years
12%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 76%
vision benefits
Vision: 66%
no benefits
None: 16%