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The differences between senior consultants, business development and directors new business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior consultant, business development, becoming a director new business development takes usually requires 8-10 years. Additionally, a director new business development has an average salary of $110,272, which is higher than the $104,556 average annual salary of a senior consultant, business development.
The top three skills for a senior consultant, business development include SQL, healthcare and project management. The most important skills for a director new business development are business development, project management, and account management.
| Senior Consultant, Business Development | Director New Business Development | |
| Yearly salary | $104,556 | $110,272 |
| Hourly rate | $50.27 | $53.02 |
| Growth rate | 7% | 10% |
| Number of jobs | 124,778 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Average age | 45 | 39 |
| Years of experience | 4 | 10 |
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.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Senior consultants, business development and directors new business development have different pay scales, as shown below.
| Senior Consultant, Business Development | Director New Business Development | |
| Average salary | $104,556 | $110,272 |
| Salary range | Between $81,000 And $133,000 | Between $72,000 And $168,000 |
| Highest paying City | Burbank, CA | Sacramento, CA |
| Highest paying state | Alaska | California |
| Best paying company | Dell | Wpp Us Holdings Inc |
| Best paying industry | Professional | Energy |
There are a few differences between a senior consultant, business development and a director new business development in terms of educational background:
| Senior Consultant, Business Development | Director New Business Development | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between senior consultants, business development' and directors new business development' demographics:
| Senior Consultant, Business Development | Director New Business Development | |
| Average age | 45 | 39 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 69.2% Female, 30.8% |
| Race ratio | Black or African American, 11.2% Unknown, 5.4% Hispanic or Latino, 15.9% Asian, 4.1% White, 62.9% American Indian and Alaska Native, 0.5% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 18% | 10% |