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The differences between corporate development directors and 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 corporate development director and a development manager. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $110,678 average annual salary of a development manager.
The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a development manager are project management, customer service, and patients.
| Corporate Development Director | Development Manager | |
| Yearly salary | $159,614 | $110,678 |
| Hourly rate | $76.74 | $53.21 |
| Growth rate | 10% | 10% |
| Number of jobs | 95,421 | 111,137 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.
A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract. Development managers usually arrange meetings with clients, analyze business opportunities, improve marketing initiatives to attract clients, research the industry's latest trends, create proposals, and assist in training new staff members. A development manager must have excellent communication and leadership skills to handle staff performance and build professional relationships with clients.
Corporate development directors and development managers have different pay scales, as shown below.
| Corporate Development Director | Development Manager | |
| Average salary | $159,614 | $110,678 |
| Salary range | Between $110,000 And $230,000 | Between $76,000 And $159,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Mayo Clinic | Akin Gump Strauss Hauer & Feld |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a corporate development director and a development manager in terms of educational background:
| Corporate Development Director | Development Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between corporate development directors' and development managers' demographics:
| Corporate Development Director | Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 60.5% Female, 39.5% |
| 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% |