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The differences between board members and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a board member and a vice president, business development. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $70,751 average annual salary of a board member.
The top three skills for a board member include non-profit organization, financial statements and community outreach. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Board Member | Vice President, Business Development | |
| Yearly salary | $70,751 | $165,159 |
| Hourly rate | $34.01 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 7,581 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 73% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Board members are fiduciaries of an organization leading it to its sustainable development. They are elected by its board of directors or its supervisory committee. They remain true to the mission and vision of the company whenever there are conflicts. Outstanding board members have good qualities like meeting participation, supportive attitude, anxious feeling to better serve the committee, and passion for any kind of cause. Being a board member improves business, and strategic acumen enhances confidence, and heightens skills in corporate governance.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Board members and vice presidents, business development have different pay scales, as shown below.
| Board Member | Vice President, Business Development | |
| Average salary | $70,751 | $165,159 |
| Salary range | Between $25,000 And $199,000 | Between $104,000 And $262,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Washington |
| Best paying company | - | Fanatics |
| Best paying industry | - | Manufacturing |
There are a few differences between a board member and a vice president, business development in terms of educational background:
| Board Member | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between board members' and vice presidents, business development' demographics:
| Board Member | Vice President, Business Development | |
| Average age | 52 | 52 |
| Gender ratio | Male, 46.3% Female, 53.7% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |