How to hire a business development analyst

How to hire a business development analyst, step by step

Here's a step-by-step business development analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a business development analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new business development analyst
• Step 8: Go through the hiring process checklist

What does a business development analyst do?

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1. Identify your hiring needs

   The business development analyst hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   Hiring the perfect business development analyst also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

   This list presents business development analyst salaries for various positions.

   Type of Business Development Analyst	Description	Hourly rate
   Business Development Analyst	Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.	$18-43
   Analyst	Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more	$25-47
   Staff Analyst	Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have... Show more	$34-65

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Business Development
   • Market Research
   • Project Management
   • Salesforce
   • CRM
   • Power Bi
   • Data Analysis
   • Financial Analysis
   • Tableau
   • Dashboards
   • Strong Analytical
   • Due Diligence
   • Business Analysis
   • SQL Server

   Check all skills

   Responsibilities:

   • Lead work group sessions and JAD sessions with researchers, SME and functional leads.
   • Manage software tradeoffs utilize C++, JAVA, UNIX and UML in all development activities.
   • Manage UAT process by creating test plan, developing use cases, training test users and maintaining issues log.
   • Cataloge potential leads into a CRM system and interpret analysis.
   • Help drive business decisions with data analysis using SQL and customer and sales data.
   • Guide online and offline marketing campaign set-up and A/B testing process.

   More business development analyst duties

3. Make a budget

   Including a salary range in your business development analyst job description is one of the best ways to attract top talent. A business development analyst can vary based on:

   • Location. For example, business development analysts' average salary in arkansas is 56% less than in washington.
   • Seniority. Entry-level business development analysts 57% less than senior-level business development analysts.
   • Certifications. A business development analyst with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a business development analyst's salary.

   Average business development analyst salary

   $59,867yearly

   $28.78 hourly rate

   ---

   Entry-level business development analyst salary

   $39,000 yearly salary

   Updated December 23, 2025

   Average business development analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	Washington	$93,923	$45
   2	New Jersey	$80,207	$39
   3	Maryland	$78,485	$38
   4	Massachusetts	$77,933	$37
   5	District of Columbia	$74,331	$36
   6	Minnesota	$74,160	$36
   7	Colorado	$72,931	$35
   8	Virginia	$71,936	$35
   9	New York	$71,818	$35
   10	California	$69,729	$34
   11	Pennsylvania	$67,820	$33
   12	Illinois	$65,218	$31
   13	North Carolina	$58,344	$28
   14	Texas	$57,043	$27
   15	Georgia	$52,535	$25
   16	Louisiana	$48,346	$23
   17	Florida	$43,431	$21

   Average business development analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Microsoft	$119,076	$57.25	19
   2	Apple	$119,053	$57.24	28
   3	Google	$118,028	$56.74	61
   4	Pacific Investment Management Company LLC	$107,930	$51.89	7
   5	Paul, Weiss, Rifkind, Wharton & Garrison	$106,881	$51.39	2
   6	AQR Capital Management	$106,842	$51.37	2
   7	Applied Materials	$106,766	$51.33	10
   8	AstraZeneca	$104,330	$50.16	11
   9	Cambridge Associates	$100,334	$48.24
   10	Yahoo	$96,788	$46.53
   11	Brex	$96,712	$46.50
   12	Point72	$95,991	$46.15	5
   13	Lam Research	$95,157	$45.75	4
   14	Harmonic	$95,078	$45.71	1
   15	BNP Paribas	$94,497	$45.43	1
   16	Synopsys	$94,400	$45.38	3
   17	TechnipFMC	$93,694	$45.05
   18	Ralph Lauren	$89,830	$43.19	1
   19	Albemarle	$89,501	$43.03
   20	Goldman Sachs	$89,374	$42.97	60

4. Writing a business development analyst job description

   A business development analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a business development analyst job description:

   Business development analyst job description example

   A World-Changing Company
   
   At Palantir, we're passionate about building software that solves problems. We partner with the most important institutions in the world to transform how they use data and technology. Our software has been used to stop terrorist attacks, discover new medicines, gain an edge in global financial markets, and more. If these types of projects excite you, we'd love for you to join us.
   
   The Role
   
   As Business Development Operations Analysts, we do more than just support our leaders; we track and stabilize projects, remove roadblocks, drive operational outcomes, and anticipate needs, allowing the team to focus on the problems they are best equipped to solve. This role requires a combination of operations, project management, process optimization, and execution skills.
   
   In this role, you'll demonstrate your strength in organization and innovate on ways to help the people you support be as productive and impactful as possible. You're resourceful and can drive toward a solution if things go awry. Communication is one of your greatest strengths and you excel at constructing order out of ambiguity.
   
   You will also be responsible for driving projects forward and owning their operational outcomes. Our ideal candidate is innovative, collaborative, and can balance differing goals and viewpoints when identifying solutions You will be a part of a team of individuals who are just as passionate about supporting one another as they are about Palantir's mission. We operate in a high accountability, high expectation environment where the goal is always to produce the best solution. Willingness to accept and respond to feedback are critical.
   Core Responsibilities Act as the first-responder when issues arise, helping to troubleshoot and implement creative solutions Support the team and project delivery by identifying and reducing any bottlenecks, blockers or friction Craft and implement processes or tools to reduce friction and optimally utilize resources Partner with Palantir stakeholders to spot gaps in process, scope projects / initiatives, and deliver results on-time, on-budget, and at a high-quality bar Leverage the collective knowledge of the team - learn and develop expertise to cover a critical gap or bolster important efforts and projects, internalize feedback, and invest in your personal growth
   What We ValueAbility to work in fast-paced environment, supporting internal projects and senior leadership, by maximizing organizational efficiency Ability to problem solve while navigating differing viewpoints and ideas, and remaining open to new ideas and potential failures Capacity to learn new skills and technologies to deliver the most effective solutions, and understand, translate, and communicate technical concepts to others Sound judgment, with the ability to recognize inefficiencies and quickly mitigate High levels of attention to detail, including maintaining accurate records and diligently tracking project metrics
   Palantir is committed to promoting a culture of diversity, equity, and inclusion and is proud to be an Equal Employment Opportunity and Affirmative Action employer. We believe that all Palantirians share the responsibility of upholding our commitment to these values and encourage candidates from a wide range of backgrounds, perspectives, and lived experiences to join us in solving the world's hardest problems. Palantir does not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. Palantir is committed to working with and providing reasonable accommodations to applicants with physical and mental disabilities. Please see the United States Department of Labor's EEO poster and EEO poster supplement for additional information.
   
   Palantir is committed to making the job application process accessible to everyone. If you are living with a disability (visible or not visible) and need to request a reasonable accommodation for any part of the application or hiring process, please reach out and let us know how we can help.

   Copy this example

   

5. Post your job

   There are a few common ways to find business development analysts for your business:

   • Promoting internally or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to meet candidates with the right educational background.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

   Post your job online:

   • Post your business development analyst job on Zippia to find and recruit business development analyst candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit business development analysts, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new business development analyst

   Once you've decided on a perfect business development analyst candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   To prepare for the new business development analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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