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The differences between policy advisors and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $98,220 average annual salary of a policy advisor.
The top three skills for a policy advisor include public policy, policy issues and policy development. The most important skills for a business developer are healthcare, CRM, and customer service.
| Policy Advisor | Business Developer | |
| Yearly salary | $98,220 | $101,635 |
| Hourly rate | $47.22 | $48.86 |
| Growth rate | 11% | 10% |
| Number of jobs | 39,659 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Policy advisors are professionals who are involved in activities related to policymaking while communicating with policy analysts about various issues. These advisors must assist policy analysts in creating policies and look at ways to implement them after they have been approved by upper management or government officials. They must analyze international and foreign policy issues so that they can devise effective advocacy and program strategies. Policy advisors must also attend congressional hearings to propose regulations and changes to existing regulations.
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Policy advisors and business developers have different pay scales, as shown below.
| Policy Advisor | Business Developer | |
| Average salary | $98,220 | $101,635 |
| Salary range | Between $67,000 And $141,000 | Between $66,000 And $156,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | NAIC | Apple |
| Best paying industry | Government | Manufacturing |
There are a few differences between a policy advisor and a business developer in terms of educational background:
| Policy Advisor | Business Developer | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Most common major | Political Science | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between policy advisors' and business developers' demographics:
| Policy Advisor | Business Developer | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.7% Female, 40.3% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |