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The differences between chief development officers and chief operating officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a chief development officer, becoming a chief operating officer takes usually requires More than 10 years. Additionally, a chief operating officer has an average salary of $136,604, which is higher than the $116,047 average annual salary of a chief development officer.
The top three skills for a chief development officer include kids, oversight and CDO. The most important skills for a chief operating officer are healthcare, customer service, and oversight.
| Chief Development Officer | Chief Operating Officer | |
| Yearly salary | $116,047 | $136,604 |
| Hourly rate | $55.79 | $65.67 |
| Growth rate | 8% | 6% |
| Number of jobs | 135,511 | 128,993 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 65% |
| Average age | 42 | 52 |
| Years of experience | 4 | - |
A chief development officer is responsible for joining the senior management team in incorporating business decisions that would benefit the organization in achieving long-term goals and objectives. Chief development officers lead the growth planning and strategizing techniques to improve operations and ensure customer satisfaction. They approve budgets and resources allocation across the organization to serve business functions and address issues. A chief development officer must have excellent communication and leadership skills, especially in raising funds and maintaining healthy relationships with business partners.
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Chief development officers and chief operating officers have different pay scales, as shown below.
| Chief Development Officer | Chief Operating Officer | |
| Average salary | $116,047 | $136,604 |
| Salary range | Between $67,000 And $199,000 | Between $81,000 And $229,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | McKinsey & Company Inc | Baker McKenzie |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a chief development officer and a chief operating officer in terms of educational background:
| Chief Development Officer | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between chief development officers' and chief operating officers' demographics:
| Chief Development Officer | Chief Operating Officer | |
| Average age | 42 | 52 |
| Gender ratio | Male, 66.7% Female, 33.3% | Male, 76.6% Female, 23.4% |
| Race ratio | Black or African American, 6.0% Unknown, 4.7% Hispanic or Latino, 9.2% Asian, 5.1% White, 74.6% American Indian and Alaska Native, 0.4% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 16% | 12% |