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The differences between policy advisors and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a policy advisor has an average salary of $98,220, which is higher than the $85,153 average annual salary of a business development consultant.
The top three skills for a policy advisor include public policy, policy issues and policy development. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Policy Advisor | Business Development Consultant | |
| Yearly salary | $98,220 | $85,153 |
| Hourly rate | $47.22 | $40.94 |
| Growth rate | 11% | 6% |
| Number of jobs | 39,659 | 168,111 |
| Job satisfaction | - | 5 |
| 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.
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Policy advisors and business development consultants have different pay scales, as shown below.
| Policy Advisor | Business Development Consultant | |
| Average salary | $98,220 | $85,153 |
| Salary range | Between $67,000 And $141,000 | Between $52,000 And $137,000 |
| Highest paying City | Boston, MA | Minneapolis, MN |
| Highest paying state | Massachusetts | Pennsylvania |
| Best paying company | NAIC | Veeva Systems |
| Best paying industry | Government | Media |
There are a few differences between a policy advisor and a business development consultant in terms of educational background:
| Policy Advisor | Business Development Consultant | |
| 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 development consultants' demographics:
| Policy Advisor | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.7% Female, 40.3% | Male, 64.1% Female, 35.9% |
| 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% |