Government

Economic development officer

Economic development officers work with communities, local government and business to bring investment,  jobs and facilities to an area.

Annual Salary

£22,000 to £50,000

Average UK salary in 2018 was £29,588 (source Office for Statistics)

Working hours

37.5

5%
Future employment

There will be 5% more Economic development officer jobs in 2023.
In your local area

What's it all about?

Your day-to-day duties could include:

  • developing projects to support local business growth 
  • building partnerships with communities, business networks and local government
  • bidding for local, national and European funding
  • setting up training schemes for local businesses and unemployed people
  • advising local businesses and community groups
  • promoting the local area to attract new employers and increase tourism
  • working on neighbourhood renewal projects
  • organising business fairs and giving presentations
  • managing budgets
  • attracting inward investment or bidding for funding

You’ll usually need experience from working in a related area, like:

  • town planning
  • community development
  • regeneration
  • business advice
  • construction management
  • surveying

Qualifications like an HND, degree or postgraduate qualification in a relevant subject could give you an advantage.

You could get into this job without a degree or postgraduate award if you have  a background in bidding for funding, managing projects, controlling budgets or marketing. 

You could also start as an assistant, researcher or administrator in an economic development unit, and then work your way up to an officer post.

£22,000 to £50,000

Starter salary: £22,000

Experienced salary: £25,000 to £35,000

These figures are a guide.

37.5

You’ll usually work standard office hours, Monday to Friday. You may occasionally need to work longer hours to meet project deadlines. 

You’ll be mainly office-based, but will spend some of your time attending meetings and visiting companies and development sites.

With experience, you could progress to senior officer or economic policy manager. 

You could also move into freelance consultancy work, or work abroad with international development agencies.

Skills required and how your skills match up

What skills are required?

You’ll need:

  • excellent communication and presentation skills
  • planning and organisational skills
  • the ability to manage several projects at once and meet deadlines
  • negotiating skills
  • budget management skills
  • report writing and research skills
  • IT skills
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