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The differences between development vice presidents and directors new business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a development vice president, becoming a director new business development takes usually requires 8-10 years. Additionally, a development vice president has an average salary of $156,085, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a director new business development are business development, project management, and account management.
Development Vice President | Director New Business Development | |
Yearly Salary | $156,085 | $110,272 |
Hourly rate | $75.04 | $53.02 |
Growth Rate | 7% | 10% |
Number Of Jobs | 94,188 | 154,470 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 76% |
Average Age | 45 | 39 |
Years Of Experience | 4 | 10 |
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
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 vice presidents and directors new business development have different pay scales, as shown below.
Development Vice President | Director New Business Development | |
Average Salary | $156,085 | $110,272 |
Salary Range | Between $103,000 And $235,000 | Between $72,000 And $168,000 |
Highest Paying City | Portland, OR | Sacramento, CA |
Highest Paying State | Oregon | California |
Best Paying Company | Mall of America | Wpp Us Holdings Inc |
Best Paying Industry | Hospitality | Energy |
There are a few differences between a development vice president and a director new business development in terms of educational background:
Development Vice President | Director New Business Development | |
Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 76% |
Most Common Major | Business | Business |
Most Common College | Northwestern University | University of Georgia |
Here are the differences between development vice presidents' and directors new business development' demographics:
Development Vice President | Director New Business Development | |
Average Age | 45 | 39 |
Gender Ratio | Male, 67.0% Female, 33.0% | Male, 69.2% Female, 30.8% |
Race Ratio | Black or African American, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% | 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 | 18% | 10% |