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The differences between chief development officers and division directors 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 division director takes usually requires 4-6 years. Additionally, a division director has an average salary of $120,757, 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 division director are client relationships, business development, and customer service.
| Chief Development Officer | Division Director | |
| Yearly salary | $116,047 | $120,757 |
| Hourly rate | $55.79 | $58.06 |
| Growth rate | 8% | 6% |
| Number of jobs | 135,511 | 63,545 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 42 | 44 |
| Years of experience | 4 | 6 |
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 division director is an individual who is responsible for managing team members and business operations that are assigned in his/her or her division to achieve the goals of a company. Division directors are required to evaluate division performance and ensure that the team's work complies with the company policies and procedures. They must lead new business development efforts with customers or brokers and should work closely with legal to ensure the protection of the company's interest. Division directors also assist in employee recruitment and provide training to the team if there are skill gaps.
Chief development officers and division directors have different pay scales, as shown below.
| Chief Development Officer | Division Director | |
| Average salary | $116,047 | $120,757 |
| Salary range | Between $67,000 And $199,000 | Between $68,000 And $213,000 |
| Highest paying City | New York, NY | Albany, NY |
| Highest paying state | New York | Rhode Island |
| Best paying company | McKinsey & Company Inc | Mayo Clinic |
| Best paying industry | Professional | Finance |
There are a few differences between a chief development officer and a division director in terms of educational background:
| Chief Development Officer | Division Director | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between chief development officers' and division directors' demographics:
| Chief Development Officer | Division Director | |
| Average age | 42 | 44 |
| Gender ratio | Male, 66.7% Female, 33.3% | Male, 61.7% Female, 38.3% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 16% | 10% |