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The differences between business development associates and executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an executive has an average salary of $108,285, which is higher than the $65,126 average annual salary of a business development associate.
The top three skills for a business development associate include customer service, powerpoint and project management. The most important skills for an executive are customer service, digital transformation, and healthcare.
| Business Development Associate | Executive | |
| Yearly salary | $65,126 | $108,285 |
| Hourly rate | $31.31 | $52.06 |
| Growth rate | 10% | 6% |
| Number of jobs | 141,089 | 83,869 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Average age | 44 | 52 |
| Years of experience | - | - |
A business development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.
An Executive's responsibilities vary depending on an organization or company. However, most of the time, it involves a great deal of leadership and communication. An Executive must oversee and direct employees towards particular sets of goals and vision, create strategies and plans that will benefit the company's financial gains and workforce, and as well as evaluate and analyze the progress of various company departments. Moreover, an Executive holds the power of decision-making, such as in the aspects of budget, promotions, and policies.
Business development associates and executives have different pay scales, as shown below.
| Business Development Associate | Executive | |
| Average salary | $65,126 | $108,285 |
| Salary range | Between $39,000 And $106,000 | Between $63,000 And $184,000 |
| Highest paying City | Greenwich, CT | Providence, RI |
| Highest paying state | Connecticut | Rhode Island |
| Best paying company | Kirkland & Ellis | Capgemini |
| Best paying industry | Automotive | - |
There are a few differences between a business development associate and an executive in terms of educational background:
| Business Development Associate | Executive | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between business development associates' and executives' demographics:
| Business Development Associate | Executive | |
| Average age | 44 | 52 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 56.0% Female, 44.0% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 12% |