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The differences between development managers and vice presidents product 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 vice president product development. Additionally, a vice president product development has an average salary of $168,835, which is higher than the $110,678 average annual salary of a development manager.
The top three skills for a development manager include project management, customer service and patients. The most important skills for a vice president product development are product development, R, and analytics.
| Development Manager | Vice President Product Development | |
| Yearly salary | $110,678 | $168,835 |
| Hourly rate | $53.21 | $81.17 |
| Growth rate | 10% | 10% |
| Number of jobs | 111,137 | 180,783 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| 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 vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
Development managers and vice presidents product development have different pay scales, as shown below.
| Development Manager | Vice President Product Development | |
| Average salary | $110,678 | $168,835 |
| Salary range | Between $76,000 And $159,000 | Between $109,000 And $259,000 |
| Highest paying City | Richmond, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Akin Gump Strauss Hauer & Feld | |
| Best paying industry | Technology | Technology |
There are a few differences between a development manager and a vice president product development in terms of educational background:
| Development Manager | Vice President Product Development | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between development managers' and vice presidents product development' demographics:
| Development Manager | Vice President Product Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 60.5% Female, 39.5% | Male, 78.1% Female, 21.9% |
| 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% |