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The differences between development managers and directors new business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a development manager and a director new business development. Additionally, a development manager has an average salary of $110,678, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a development manager include project management, customer service and patients. The most important skills for a director new business development are business development, project management, and account management.
| Development Manager | Director New Business Development | |
| Yearly salary | $110,678 | $110,272 |
| Hourly rate | $53.21 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 111,137 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Development managers and directors new business development have different pay scales, as shown below.
| Development Manager | Director New Business Development | |
| Average salary | $110,678 | $110,272 |
| Salary range | Between $76,000 And $159,000 | Between $72,000 And $168,000 |
| Highest paying City | Richmond, CA | Sacramento, CA |
| Highest paying state | California | California |
| Best paying company | Akin Gump Strauss Hauer & Feld | Wpp Us Holdings Inc |
| Best paying industry | Technology | Energy |
There are a few differences between a development manager and a director new business development in terms of educational background:
| Development Manager | Director New Business Development | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between development managers' and directors new business development' demographics:
| Development Manager | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 60.5% Female, 39.5% | Male, 69.2% Female, 30.8% |
| 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% |