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The differences between business development leads and heads of 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 lead and a head of business development. Additionally, a head of business development has an average salary of $134,190, which is higher than the $118,868 average annual salary of a business development lead.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for a head of business development are cloud, C++, and project management.
| Business Development Lead | Head Of Business Development | |
| Yearly salary | $118,868 | $134,190 |
| Hourly rate | $57.15 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 63% |
| 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 head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Business development leads and heads of business development have different pay scales, as shown below.
| Business Development Lead | Head Of Business Development | |
| Average salary | $118,868 | $134,190 |
| Salary range | Between $84,000 And $167,000 | Between $94,000 And $191,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Apple | Meta |
| Best paying industry | Technology | Telecommunication |
There are a few differences between a business development lead and a head of business development in terms of educational background:
| Business Development Lead | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and heads of business development' demographics:
| Business Development Lead | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 74.2% Female, 25.8% |
| 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% |