Home > Salary > United Kingdom > Business Development Specialist
A Business Development Specialist is responsible for identifying and creating new business opportunities for a company. They analyze market trends, research potential clients, and develop strategies to expand the company's customer base and increase revenue. They establish and maintain relationships with key stakeholders, negotiate contracts, and collaborate with cross-functional teams to ensure successful implementation of business initiatives. Additionally, they stay updated on industry developments and competitor activities to stay ahead in the market.
Estimated Yearly Salary: 43,018 GBP
Estimated Monthly Salary: 3,585 GBP
Estimated Weekly Salary: 827 GBP per week
Estimated Hourly Salary: 21 GBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,461 GBP
Estimated Weekly Salary: 799 GBP per week
Estimated Hourly Salary: 20 GBP per hour
Last revision of data: 2024-04-21
Estimated Yearly Salary: 50,446 USD
Estimated Monthly Salary: 4,204 USD
Estimated Weekly Salary: 970 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 43,018 GBP
Estimated Monthly Salary: 3,585 GBP
Estimated Weekly Salary: 827 GBP per week
Estimated Hourly Salary: 21 GBP per hour
By working as Business Development Specialist a person can save up to 2,248 USD per month or 26,979 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Estimated Yearly Salary for Business Development Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Business Development Specialist salary in United Kingdom
Average Yearly Salary of Business Development Specialist in United Kingdom is approximately 43,018 GBP (50,446 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Development Specialist do?
A Business Development Specialist is responsible for identifying and creating new business opportunities for a company. They analyze market trends, research potential clients, and develop strategies to expand the company's customer base and increase revenue. They establish and maintain relationships with key stakeholders, negotiate contracts, and collaborate with cross-functional teams to ensure successful implementation of business initiatives. Additionally, they stay updated on industry developments and competitor activities to stay ahead in the market.
Skills: Business development, Sales strategy, Market research, Relationship management, Negotiation skills, Revenue growth.
Job industry: Consulting
Job industry: Consulting
How much does Business Development Specialist make?
Salary details
How much does Business Development Specialist make?Estimated Yearly Salary: 43,018 GBP
Estimated Monthly Salary: 3,585 GBP
Estimated Weekly Salary: 827 GBP per week
Estimated Hourly Salary: 21 GBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 41,537 GBPEstimated Monthly Salary: 3,461 GBP
Estimated Weekly Salary: 799 GBP per week
Estimated Hourly Salary: 20 GBP per hour
Last revision of data: 2024-04-21Business Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 50,446 USD
Estimated Monthly Salary: 4,204 USD
Estimated Weekly Salary: 970 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
The United Kingdom, also known as the UK, is a country located in northwestern Europe. It consists of four countries: England, Scotland, Wales, and Northern Ireland. With a population of approximately 66 million people, it is the fifth-largest economy in the world. The UK covers an area of around 93,600 square miles, making it the 78th largest country by size.
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Specialist job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Business Development Specialist in United Kingdom earns on average:
1.04 times the average salary (or 104% of average salary).
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Specialist job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Business Development Specialist in United Kingdom earns on average:
1.04 times the average salary (or 104% of average salary).
Is Business Development Specialist a well paid job?
Yes, our data show that Business Development Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Development Specialist?
High salary for Business Development Specialist would be somewhere between 47,320 GBP and 62,376 GBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Development Specialist in United Kingdom?
Living in United Kingdom the approximate monthly expenses are: 1,956 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 43,018 GBP
Estimated Monthly Salary: 3,585 GBP
Estimated Weekly Salary: 827 GBP per week
Estimated Hourly Salary: 21 GBP per hour
By working as Business Development Specialist a person can save up to 2,248 USD per month or 26,979 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ireland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Development Specialist
Ireland is 91,597 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in United Kingdom
(906,313 GBP per year, pre-tax.)
(398,557 GBP per year, pre-tax.)
(396,499 GBP per year, pre-tax.)
4. Cardiologist
(332,162 GBP per year, pre-tax.)
5. Cardiologist
(330,298 GBP per year, pre-tax.)
(320,143 GBP per year, pre-tax.)
(319,848 GBP per year, pre-tax.)
8. Neurosurgeon
(310,506 GBP per year, pre-tax.)
9. Neurosurgeon
(309,585 GBP per year, pre-tax.)
(309,338 GBP per year, pre-tax.)
Data as of 2025Random salary:
Police dog handler (28,995 GBP per year, pre-tax.)
Head football coach (43,613 GBP per year, pre-tax.)
Boiler mechanic (34,891 GBP per year, pre-tax.)
Grocery stocker (16,149 GBP per year, pre-tax.)
First-line supervisor manager of landscaping lawn service and groundskeeping workers (22,846 GBP per year, pre-tax.)
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