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Business Development Director Jobs
If you’re a seasoned sales professional looking for your next sales director or business development director role, then use our job search feature to look through the roles we’re currently recruiting for.
Alternatively, submit your CV for one of our consultants to review, and we’ll get back to you with possible opportunities.
Business Development Director Job Description
Responsible for the overall management of the business development team of a business, the prestigious role of business development director is often the face of sales within a company. Combining both managerial abilities with sales expertise, a business development director ensures that a business meets its sales targets whilst leading a team of business development professionals.
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Salary Survey for Business Development Director Jobs 2024
- Average Salary: The average base salary for BDD positions in the UK sits around £85,000, with significant variations depending on industry, experience, company size, and location.
- Salary Range: Base salaries typically range from £65,000 for entry-level BDDs to £150,000+ for seasoned professionals with proven track records in high-growth environments.
- Commissions and Bonuses: While less common than pure sales roles, some BDD positions offer performance-based bonuses linked to achieving strategic business development goals, potentially boosting earnings by 15-20%.
- Location: London attracts the highest average salaries, followed by major cities like Edinburgh, Manchester, and Bristol. Salaries tend to be lower in smaller towns and rural areas.
- Industry: Industries like Technology, Finance, and Professional Services typically offer higher salaries due to complex business environments, larger deal sizes, and competitive landscapes.
- Experience: Extensive experience leading business development initiatives and securing high-value partnerships is crucial. Strong leadership, strategic thinking, negotiation skills, and industry knowledge are highly valued.
- Qualifications: Possessing relevant certifications or an MBA can enhance earning potential, as does proven success in specific industry segments.
Salary Ranges for Business Development Director Roles in 2024
Detailed breakdown of salary data from various sources:
According to Glassdoor, the average base salary for Business Development Directors in the UK is £80,000, while National Business Development Directors earn an average of £95,000.
Hays lists a salary range of £70,000-£120,000 for BDD positions, with experienced professionals earning up to £150,000 or more.
Totaljobs reports that the average salary for Business Development Director jobs is £90,000, with a salary range of £80,000-£140,000.
Additional Factors:
- Company Size: Larger companies generally offer higher salaries and more extensive benefits packages compared to smaller enterprises.
- Benefits: Benefits packages vary greatly and may include health insurance, pension plans, company cars, stock options, travel opportunities, and leadership development programs.
- Company Performance: BDDs in high-growth companies with strong financial performance often command higher salaries and bonuses.
- Team Size and Performance: Leading larger teams and consistently exceeding business development targets significantly impacts earning potential.
Industry-Specific Considerations:
- Technology: High demand for skilled professionals in areas like cloud computing and cybersecurity can lead to increased earning potential.
- Finance: Complex financial products and competitive landscapes create a lucrative environment for experienced BDDs.
- Life Sciences: Specialised knowledge and regulatory requirements can command higher salaries in this niche market.
The market for UK Business Development Directors is highly lucrative for experienced professionals with exceptional leadership, strategic thinking, and deal-making skills. Although base salaries differ based on numerous factors, the possibility of bonuses, career advancement, and equity participation make it a financially enriching and thrilling field.
What Makes a Great Business Development Director?
The broad remit of business development directors means that the best candidates are real all-rounders with excellent business intelligence and interpersonal skills. Being able to lead the business development operations of a business whilst managing a team who are prospecting and converting deals takes a natural leader with great multi-tasking abilities.
Business development directors will usually still be in charge of the biggest deals of a business, so they’ll need to be natural salespeople who can lead a pitch and close a negotiation.
Looking to Recruit a Business Development Director?
Aaron Wallis is a specialist sales recruitment agency with years of experience in finding quality sales people for businesses across a wide range of industries. We’re constantly speaking to senior candidates with the calibre to be your next business development director – submit a vacancy or call 01908 061400 today.
The Benefits of Recruiting with Aaron Wallis
- 12 Months Rebate
- Assigned Dedicated, Experienced Account Manager
- Psychometric Profiling
- Bespoke Interview Questions
- Fixed Price Recruitment Service
- Candidate Ability & Skills Testing
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by Rob Scott
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