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The differences between business development directors and directors new business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business development director and a director new business development. Additionally, a business development director has an average salary of $117,784, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a director new business development are business development, project management, and account management.
| Business Development Director | Director New Business Development | |
| Yearly salary | $117,784 | $110,272 |
| Hourly rate | $56.63 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 153,601 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Business development directors and directors new business development have different pay scales, as shown below.
| Business Development Director | Director New Business Development | |
| Average salary | $117,784 | $110,272 |
| Salary range | Between $72,000 And $192,000 | Between $72,000 And $168,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | New Mexico | California |
| Best paying company | alliantgroup | Wpp Us Holdings Inc |
| Best paying industry | Finance | Energy |
There are a few differences between a business development director and a director new business development in terms of educational background:
| Business Development Director | Director New Business Development | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development directors' and directors new business development' demographics:
| Business Development Director | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 69.2% Female, 30.8% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |