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The differences between chief development officers and development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a chief development officer and a development director. Additionally, a chief development officer has an average salary of $116,047, which is higher than the $107,044 average annual salary of a development director.
The top three skills for a chief development officer include kids, oversight and CDO. The most important skills for a development director are digital marketing, oversight, and patients.
| Chief Development Officer | Development Director | |
| Yearly salary | $116,047 | $107,044 |
| Hourly rate | $55.79 | $51.46 |
| Growth rate | 8% | 8% |
| Number of jobs | 135,511 | 63,008 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Average age | 42 | 42 |
| Years of experience | 4 | 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 development director is an individual who is responsible for securing funds and sponsors for non-profit organizations. Development directors must actively seek new business partners and develop relationships with volunteers and donors. They meet with members of the development team to help advertise and promote brand awareness and funding. Development directors must possess skills and experience in managing human resources, marketing, and budgeting functions. They must also obtain a bachelor's degree in business management, public relations, or related field.
Chief development officers and development directors have different pay scales, as shown below.
| Chief Development Officer | Development Director | |
| Average salary | $116,047 | $107,044 |
| Salary range | Between $67,000 And $199,000 | Between $64,000 And $177,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | McKinsey & Company Inc | Cornerstone Research |
| Best paying industry | Professional | - |
There are a few differences between a chief development officer and a development director in terms of educational background:
| Chief Development Officer | Development Director | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between chief development officers' and development directors' demographics:
| Chief Development Officer | Development Director | |
| Average age | 42 | 42 |
| Gender ratio | Male, 66.7% Female, 33.3% | Male, 50.2% Female, 49.8% |
| 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, 6.0% Unknown, 4.7% Hispanic or Latino, 9.2% Asian, 5.1% White, 74.5% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 16% | 16% |