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The differences between development managers and business executives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a development manager, becoming a business executive takes usually requires 4-6 years. Additionally, a development manager has an average salary of $110,678, which is higher than the $63,101 average annual salary of a business executive.
The top three skills for a development manager include project management, customer service and patients. The most important skills for a business executive are customer service, customer satisfaction, and revenue growth.
| Development Manager | Business Executive | |
| Yearly salary | $110,678 | $63,101 |
| Hourly rate | $53.21 | $30.34 |
| Growth rate | 10% | 6% |
| Number of jobs | 111,137 | 138,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
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.
The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.
Development managers and business executives have different pay scales, as shown below.
| Development Manager | Business Executive | |
| Average salary | $110,678 | $63,101 |
| Salary range | Between $76,000 And $159,000 | Between $29,000 And $135,000 |
| Highest paying City | Richmond, CA | Albany, NY |
| Highest paying state | California | New York |
| Best paying company | Akin Gump Strauss Hauer & Feld | The Walt Disney Company |
| Best paying industry | Technology | - |
There are a few differences between a development manager and a business executive in terms of educational background:
| Development Manager | Business Executive | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between development managers' and business executives' demographics:
| Development Manager | Business Executive | |
| Average age | 39 | 44 |
| Gender ratio | Male, 60.5% Female, 39.5% | Male, 59.9% Female, 40.1% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |