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Economic Development Director Jobs in Elgin, IL (NOW HIRING)

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Economic Development Director information

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$47.9K

$122.5K

$199.7K

How much do economic development director jobs pay per year?

As of Sep 7, 2026, the average yearly pay for economic development director in Elgin, IL is $122,510.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,500.00 and $151,700.00 per year, depending on experience, location, and employer.

What is an economic development director?

An economic development director is a city government employee who helps spur the city economy. Your two biggest responsibilities are to persuade new businesses to move into your town and to encourage existing businesses to expand. You attend fundraising events for civic and business groups and interact with donors to make connections with potentially valuable economic partners. Your duties include developing strategic programs for economic and financial growth, analyzing market trends, writing city tax policy proposals, and advising the city manager and the city council.

What does an economic development director do?

An Economic Development Director is responsible for creating and implementing strategies to promote economic growth within a community or region. They work to attract new businesses, support existing ones, and encourage job creation by collaborating with local government officials, business leaders, and community organizations. Their duties often include managing economic incentive programs, overseeing redevelopment projects, and conducting market research to identify opportunities for development. Ultimately, their goal is to improve the local economy and enhance the quality of life for residents.

What are the key skills and qualifications needed to thrive as an economic development director, and why are they important?

To thrive as an Economic Development Director, you need expertise in economic analysis, project management, and public policy, typically supported by a degree in economics, public administration, or a related field. Familiarity with economic modeling software, GIS tools, and grant management systems is often required, along with certifications such as Certified Economic Developer (CEcD). Strong leadership, strategic communication, and relationship-building abilities help foster collaboration among public, private, and community stakeholders. These skills are crucial for identifying growth opportunities, securing funding, and driving sustainable economic progress in a community or region.

What are the main challenges economic development directors face when balancing community needs and business interests?

Economic Development Directors often need to align the interests of local businesses, government stakeholders, and community members, which can be challenging due to differing priorities. For example, attracting new businesses might conflict with preserving community character or addressing affordable housing. Success in this role frequently involves transparent communication, creative problem-solving, and building consensus through public engagement and strategic partnerships. Navigating these complexities requires adaptability and a strong understanding of both economic trends and local needs.

What is the difference between Economic Development Director vs Economic Development Specialist?

AspectEconomic Development DirectorEconomic Development Specialist
CredentialsBachelor's or Master's in Economics, Business, or Public Administration; experience in economic planningSimilar credentials, often with less managerial experience
Work EnvironmentLeadership role in government agencies or economic development organizationsSupport role, assisting with projects and research
Employer & IndustryMunicipalities, regional agencies, economic development firmsLocal government departments, economic development offices
Search & Comparison IntentUnderstanding leadership roles in economic developmentLearning about supporting roles in economic growth projects

The main difference between an Economic Development Director and an Economic Development Specialist lies in their level of responsibility and leadership. The Director oversees strategic planning and manages teams, while the Specialist focuses on supporting projects and research. Both roles require similar educational backgrounds and work within government or economic organizations, but the Director holds a higher managerial position.

What job categories do people searching Economic Development Director jobs in Elgin, IL look for?

The top searched job categories for Economic Development Director jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Economic Development Director jobs?

Cities near Elgin, IL with the most Economic Development Director job openings:

Infographic showing various Economic Development Director job openings in Elgin, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $122,510 per year, or $58.9 per hour.

Principal/Director, Client Development

Business Talent Group

Chicago, IL โ€ข On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 25 days ago


Job description

Business Talent Group (BTG) is the leading talent marketplace that connects independent management consultants, subject matter experts, project managers, and interim executives with the world's best companies. BTG provides just the right on-demand talent needed: remote or on-site, part-time or full-time, individuals or teams. That's why more than 50% of the F100 and hundreds of other leading companies trust BTG to curate, vet, and compliantly deliver talent who fuel growth, innovation, and performance improvement. BTG is a Heidrick & Struggles company.

We pride ourselves on having developed a fast-paced, fun, and dynamic culture. We encourage all our employees to learn and grow personally and professionally so they can assume greater responsibilities and advance their careers. For more information on our company, visit businesstalentgroup.com.

Job Description:

Who We Are:

Heidrick & Struggles is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time. Additional information on the firm can be found at www.heidrick.com.

Position Overview:

Business Talent Group (BTG), as a subsidiary of Heidrick & Struggles, is seeking a Director/Principal to advance our commercial efforts in key target accounts .This individual will be working with a mix of current and future clients to surface and manage individual project opportunities and cultivate and establish enterprise and long-term relationship-based revenue growth. The successful candidate will develop and manage account-based strategies for client engagement, lead and build senior client relationships, cultivate and manage project evaluations, partner with client service teams on talent placements and active projects, and contribute to best practice sharing across the client development team. This role requires surfacing and exploring key issues of relevance to target account companies, planning and overseeing the execution of projects with clients, and supporting the development of and guiding internal strategy to better serve clients. This leader may also be called on to lead high-priority initiatives and collaborate with colleagues across the firm to explore and uncover business needs to deliver and grow the firm's client base.

position responsibilities

This role will have three primary job responsibilities, including new client/business development, ongoing client management, and internal collaboration.

Business Development

  • Creates a targeted business plan that includes account-based client engagement strategy and market intelligence gathering that aligns to key functional areas / buying centers in target accounts
  • Continuously hones sales techniques, deepens understanding and practice of the full sales cycle, and learns and utilizes sales enablement tools
  • Proactively prospects to identify and target potential leads through various channels, and effectively assessing and qualifying new leads to ensure they meet our criteria
  • Executes a high volume of outbound top of funnel activity to engage prospects in discovery calls, drive new business development, opportunity creation and follow-up
  • Through call prep, tailor's demonstrations of BTG services to specific accounts and relationships, considering past and existing work streams. Prepares and manages the customization and development of new business development materials and collateral
  • Manages quarterly, half, and annual revenue goals, along with other key commercial metrics (meetings, new opportunities, etc.)

Ongoing Client Management

  • Proactively anticipates customer needs based on market activity and guiding firm investment in new areas; conducts market intelligence to understand and position against key competitors
  • Establishes and maintains contact with top decision makers at key clients that facilitates buy-in on proposed solutions from top management levels at assigned accounts
  • Serves as a senior advocate for client/prospective client needs - working as trusted advisor to help clients navigate our industry and support solution development in collaboration with experts across BTG
  • Partners with client success and delivery team, advising and directing project scoping and talent search processes, supporting the proposal development process, the pricing, and contracting strategy, and managing project economics and risk
  • Maintains 100% project and talent oversight on active projects to ensure client satisfaction and engagement, supporting extension and expansion of BTG project opportunities with existing clients and new referrals

Internal Collaboration

  • Maintains open communication with all departments, regularly updates and shares information, and leverages departmental strengths through teamwork and cooperation to achieve common goals
  • Promotes a positive and supportive work culture by encouraging colleagues, recognizing their contributions, and ensuring everyone feels valued
  • Demonstrates a mindset of focus on achieving better outcomes by working harmoniously with all departments i.e. "solution oriented"

Qualifications

  • A BA/BS Degree is required
  • Ideally a mix of business development, commercial relationship management, or related experience, experience with large, complex, multi-site accounts preferred
  • Experience selling into the Industrial industry
  • Experience building and broadening client relationships across all key influencers and serve as a trusted advisor and consultant.
  • Superior verbal, written and presentation skills; comfort with engaging with and presenting to board-level and C-level executives
  • Ability to spend significant time (60%+) "in market" with clients - mostly virtual with some amount of in-person as relevant
  • Proven contract negotiation and management skills, able to work collaboratively with both client and internal teams (e.g., procurement, legal, finance) to balance needs of BTG and client
  • Familiar with developing and maintaining sales plans, managing multiple initiatives/work streams simultaneously
  • Ethical, confident, and creative, with a persistent "can do" attitude
  • Proven ability to navigate an often ambiguous and complex organization to resolve customer issues and internal roadblocks
  • Ability to multi-task and prioritize with relative ease
  • Ability to collaborate without ego, preference for working in a team environment, commitment to building and maintaining positive relationship with colleagues across departments
  • Tendency to pick up a wrench. Proactive mindset and approach: able to think several steps ahead anticipate teammates' needs, and suggest improvements to existing processes
  • Runs to criticism, continually seeking feedback and making improvements
  • Approaches work with a spirit of generosity. Endeavors to serve everyone-colleagues, clients, partners-beyond expectation, and with appreciation

Pay Range Guidelines for this Position:

The salary range for this position is 100000 USD to 180000 USD. Compensation is based on several factors including but not limited to education, work experience and skills. In addition to your salary, BTG offers discretionary bonuses (subject to eligibility requirements) and a comprehensive benefits package including: medical, dental, vision, disability leave, parental leave, paid time off and 401k contribution (all benefits are subject to eligibility requirements). Note: we have a location based compensation structure; there may be a different range for candidates in other locations.

BTG is an equal opportunity employer committed to hiring qualified protected veterans and individuals with disabilities. All qualified applicants will be considered for employment without regard to race, color, religion, creed, age, sex, national origin, gender identity or expression, sexual orientation, disability, marital status, veteran or military status, or citizenship status.

Qualified consultants with arrest or conviction records will be considered for this opportunity in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

BTG is committed to providing reasonable accommodations and/or adjustments during our recruitment process. If you are selected for an interview and require an accommodation and/or adjustment, please inform your Talent Acquisition professional.