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The differences between business unit directors and new business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business unit director and a new business manager. Additionally, a business unit director has an average salary of $135,050, which is higher than the $93,395 average annual salary of a new business manager.
The top three skills for a business unit director include project management, digital marketing and sigma. The most important skills for a new business manager are customer service, business plan, and business development.
| Business Unit Director | New Business Manager | |
| Yearly salary | $135,050 | $93,395 |
| Hourly rate | $64.93 | $44.90 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,707 | 282,416 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A business unit director is a person that makes sure that a segment or unit of a company meets its daily goals. The business unit director monitors the production of units in a company and provides support to increase efficiency. The business unit director's responsibility is to determine each member of a business unit's skill development to ensure the increased productive output of the entire company. The business unit director works with the company's administrative and executive departments to ensure all business units work cohesively and well-coordinated.
A new business manager is responsible for reaching out to existing and potential clients and identify new business opportunities that would generate more revenue resources for the company and increase profitability. Business managers supervise client portfolios and ensure long business relationships by maintaining the highest client satisfaction and efficient deliverables. They also analyze the financial status and sales performance of the company and determine techniques to minimize loss and increase productivity. A new business manager studies recent market trends to develop services that meet public demands and interests.
Business unit directors and new business managers have different pay scales, as shown below.
| Business Unit Director | New Business Manager | |
| Average salary | $135,050 | $93,395 |
| Salary range | Between $95,000 And $190,000 | Between $55,000 And $158,000 |
| Highest paying City | San Francisco, CA | New Rochelle, NY |
| Highest paying state | Alaska | New York |
| Best paying company | Lasko Products | Apple |
| Best paying industry | Pharmaceutical | Energy |
There are a few differences between a business unit director and a new business manager in terms of educational background:
| Business Unit Director | New Business Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business unit directors' and new business managers' demographics:
| Business Unit Director | New Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 81.8% Female, 18.2% | Male, 60.1% Female, 39.9% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |