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Economic Development Director Jobs in Randolph, NJ

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Economic Development Director information

See Randolph, NJ salary details

$49.8K

$127.4K

$207.6K

How much do economic development director jobs pay per year?

As of Aug 17, 2026, the average yearly pay for economic development director in Randolph, NJ is $127,381.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,000.00 and $157,800.00 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 Randolph, NJ look for?

The top searched job categories for Economic Development Director jobs in Randolph, NJ are:

What cities near Randolph, NJ are hiring for Economic Development Director jobs?

Cities near Randolph, NJ with the most Economic Development Director job openings:

Business Development Director OOJ - 32996

Hatch Global Search

Morristown, NJ • On-site

$135K/yr

Full-time

Re-posted 16 days ago


Job description

Job Description

Identifies and develops new business opportunities. Builds relationships with customers, suppliers, distributors, partners, and vendors. Evaluates existing partnerships and sales efforts with an eye toward building on what works and changing what doesn't.

Business Development Director 

Come work for a Global company that specializes in providing engagement solutions for F500 businesses. They offer services related to employee engagement, customer loyalty, sales incentives and channel partner programs. Their goal is to help companies motivate and engage their employees, customers, and partners to drive better results.

*Customer Engagement*Customer Loyalty*Retention*Motivation

Must have a stable career history - no more than 3 jobs in the past 10 years -

Need to live in commutable distance to Morristown, NJ

Responsibilities

  • The Business Development Director is responsible for identifying potential accounts, developing an account entry strategy, conducting the prospecting campaign, developing relationships and understanding the customer’s critical business strategies, then working with a team of subject matter experts to create and execute a solution to achieve the customer’s business objectives.


Qualifications

Qualifications

  • Bachelor's degree or equivalent experience
  • Minimum 10 years of direct B2B sales experience calling on Fortune 1000 companies.
  • Clear history of new business development selling professional services.
  • Large volume sales experience ($250k plus per sale).
  • Experience with broad range of sales cycles (three to six to twelve months).
  • History of career stability with a maximum of three jobs in the last ten years.
  • Compensation derived through highly leveraged commissions and bonuses.
  • Demonstrated track record of increasing revenue through generation of leads

Compensation Opportunity

Compensation is not capped and is based on your performance. Offering a base salary $135K plus commission and a bonus tied to fiscal year revenue production and profitability.

Why is This a Great Opportunity

Our client is the global leader in solutions that drive measurable results for their clients around the world by inspiring the people who impact their success. This company helps translate their strategic imperatives into actionable solutions that utilize the principles of behavioral economics to engage, motivate and inspire their employees, sales force, channel partners, and customers delivering measurable results on a local, national, and global level.

Additional Benefits:

Business Development Directors are automatically eligible for a full suite of performance management reward programs, including an annual President's Club travel award. Other benefits include car allowance, company laptop, mobile device reimbursement and full expense account for client entertainment.




OOJ - 32996