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The differences between business development leads and development managers 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 lead and a development manager. Additionally, a business development lead has an average salary of $118,868, which is higher than the $110,678 average annual salary of a development manager.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for a development manager are project management, customer service, and patients.
| Business Development Lead | Development Manager | |
| Yearly salary | $118,868 | $110,678 |
| Hourly rate | $57.15 | $53.21 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 111,137 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Business Development Leads oversee the continuous pursuit of growth opportunities for the company. They should be familiar with current industry trends and economic news. They should also be familiar with the business performance to identify areas for improvement and development. They should know the company's target market to help create marketing campaigns. Business development leads may also be asked to create product innovations that would cater to their target market's needs. They are expected to spearhead programs that aim to attract new clients and retain existing ones.
A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract. Development managers usually arrange meetings with clients, analyze business opportunities, improve marketing initiatives to attract clients, research the industry's latest trends, create proposals, and assist in training new staff members. A development manager must have excellent communication and leadership skills to handle staff performance and build professional relationships with clients.
Business development leads and development managers have different pay scales, as shown below.
| Business Development Lead | Development Manager | |
| Average salary | $118,868 | $110,678 |
| Salary range | Between $84,000 And $167,000 | Between $76,000 And $159,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Akin Gump Strauss Hauer & Feld |
| Best paying industry | Technology | Technology |
There are a few differences between a business development lead and a development manager in terms of educational background:
| Business Development Lead | Development Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and development managers' demographics:
| Business Development Lead | Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 60.5% Female, 39.5% |
| 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% |