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The differences between development associates and business development associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a development associate has an average salary of $70,451, which is higher than the $65,126 average annual salary of a business development associate.
The top three skills for a development associate include customer service, java and powerpoint. The most important skills for a business development associate are customer service, powerpoint, and project management.
Development Associate | Business Development Associate | |
Yearly Salary | $70,451 | $65,126 |
Hourly rate | $33.87 | $31.31 |
Growth Rate | 8% | 10% |
Number Of Jobs | 85,815 | 141,089 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 77% | Bachelor's Degree, 78% |
Average Age | 44 | 44 |
Years Of Experience | 4 | - |
A development associate is responsible for supporting a non-profit organization's fundraising campaigns and donation programs. They establish communication with sponsors and potential donors and oversee grant programs. Development associates monitor the progress of every campaign, creating comprehensive reports to discuss with the development manager and the rest of the team. They also assist with developing marketing campaigns, organizing social media presence for awareness, and researching on alternative funding sources. A development associate must be highly communicative and organizational, coordinating with different institutions, and negotiating sponsorship proposals.
A business development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.
Development associates and business development associates have different pay scales, as shown below.
Development Associate | Business Development Associate | |
Average Salary | $70,451 | $65,126 |
Salary Range | Between $42,000 And $116,000 | Between $39,000 And $106,000 |
Highest Paying City | Jersey City, NJ | Greenwich, CT |
Highest Paying State | New Jersey | Connecticut |
Best Paying Company | Discovery | Kirkland & Ellis |
Best Paying Industry | Finance | Automotive |
There are a few differences between a development associate and a business development associate in terms of educational background:
Development Associate | Business Development Associate | |
Most Common Degree | Bachelor's Degree, 77% | Bachelor's Degree, 78% |
Most Common Major | Business | Business |
Most Common College | University of Pennsylvania | University of Southern California |
Here are the differences between development associates' and business development associates' demographics:
Development Associate | Business Development Associate | |
Average Age | 44 | 44 |
Gender Ratio | Male, 35.5% Female, 64.5% | Male, 54.5% Female, 45.5% |
Race Ratio | Black or African American, 10.9% Unknown, 6.5% Hispanic or Latino, 16.0% Asian, 6.4% White, 59.6% American Indian and Alaska Native, 0.5% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
LGBT Percentage | 12% | 11% |