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Senior consultant, business development hiring summary. Here are some key points about hiring senior consultants, business development in the United States:
Here's a step-by-step senior consultant, business development hiring guide:
Senior Business Development Consultants are responsible for recruiting independent financial advisors and helping advisors look for assets. Their value is determined through business consultations and understanding the workings of financial practice. Their experience should allow them to know how to recruit the best independent financial advisors and communicate with them. Senior Business Development Consultants are committed to a sound recruiting routine, persistency, and the ability to close deals using any communication channel.
The senior consultant, business development 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.
A senior consultant, business development's background is also an important factor in determining whether they'll be a good fit for the position. For example, senior consultants, business development from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of senior consultants, business development.
| Type of Senior Consultant, Business Development | Description | Hourly rate |
|---|---|---|
| Senior Consultant, Business Development | Training and development managers plan, direct, and coordinate programs to enhance the knowledge and skills of an organization’s employees. They also oversee a staff of training and development specialists. | $38-63 |
| Business Consultant | A business consultant is a professional who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people... Show more | $30-56 |
| Principal Consultant | A principal consultant is responsible for evaluating business' needs and opportunities, identifying potential leads to create project proposals, and maintaining strong business relationships that would generate revenues and increase the organization's profitability. Principal consultants must be up-to-date with the current market trends to ensure that the business adapts to the industry's changes... Show more | $43-72 |
Including a salary range in your senior consultant, business development job description is one of the best ways to attract top talent. A senior consultant, business development can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $126,163 | $61 |
| 2 | New Hampshire | $121,932 | $59 |
| 3 | New York | $121,645 | $58 |
| 4 | Washington | $118,039 | $57 |
| 5 | Texas | $113,839 | $55 |
| 6 | New Jersey | $112,721 | $54 |
| 7 | Maine | $109,135 | $52 |
| 8 | Connecticut | $108,720 | $52 |
| 9 | Iowa | $108,186 | $52 |
| 10 | Delaware | $107,419 | $52 |
| 11 | Virginia | $106,828 | $51 |
| 12 | Pennsylvania | $104,952 | $50 |
| 13 | Arkansas | $103,961 | $50 |
| 14 | Illinois | $101,036 | $49 |
| 15 | West Virginia | $100,711 | $48 |
| 16 | Michigan | $100,490 | $48 |
| 17 | Massachusetts | $99,606 | $48 |
| 18 | Rhode Island | $99,400 | $48 |
| 19 | North Carolina | $99,382 | $48 |
| 20 | Arizona | $97,887 | $47 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Dell | $125,001 | $60.10 | 6 |
| 2 | Chevron | $124,610 | $59.91 | |
| 3 | Veeva Systems | $112,915 | $54.29 | 62 |
| 4 | CVS Health | $106,247 | $51.08 | 407 |
| 5 | Conduent | $98,098 | $47.16 | 6 |
| 6 | Verizon Corporate Services Group Inc. | $97,784 | $47.01 | |
| 7 | Marsh & McLennan Companies | $96,942 | $46.61 | 132 |
| 8 | Mastercard | $96,694 | $46.49 | 98 |
| 9 | Wells Fargo | $94,659 | $45.51 | 59 |
| 10 | Elevance Health | $93,060 | $44.74 | |
| 11 | Centric Consulting | $92,585 | $44.51 | 2 |
| 12 | University of Tennessee | $86,709 | $41.69 | 14 |
| 13 | Nationwide | $85,921 | $41.31 | 52 |
| 14 | New York Life Insurance | $85,603 | $41.16 | 15 |
A senior consultant, business development 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. To help get you started, here's an example of a senior consultant, business development job description:
To find the right senior consultant, business development for your business, consider trying out a few different recruiting strategies:
Your first interview with senior consultant, business development candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
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.
Once you've selected the best senior consultant, business development candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the 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.
Once that's done, you can draft an onboarding schedule for the new senior consultant, business development. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Recruiting senior consultants, business development involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
The median annual salary for senior consultants, business development is $104,556 in the US. However, the cost of senior consultant, business development hiring can vary a lot depending on location. Additionally, hiring a senior consultant, business development for contract work or on a per-project basis typically costs between $38 and $63 an hour.