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The differences between business development leads and senior business 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 senior business development manager. Additionally, a senior business development manager has an average salary of $129,638, 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 senior business development manager are healthcare, cloud, and business relationships.
| Business Development Lead | Senior Business Development Manager | |
| Yearly salary | $118,868 | $129,638 |
| Hourly rate | $57.15 | $62.33 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| 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.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Business development leads and senior business development managers have different pay scales, as shown below.
| Business Development Lead | Senior Business Development Manager | |
| Average salary | $118,868 | $129,638 |
| Salary range | Between $84,000 And $167,000 | Between $94,000 And $178,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Apple | Shearman & Sterling |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a business development lead and a senior business development manager in terms of educational background:
| Business Development Lead | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and senior business development managers' demographics:
| Business Development Lead | Senior Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 74.8% Female, 25.2% |
| 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% |