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The differences between development vice presidents and heads of 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 head of 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 $134,190 average annual salary of a head of business development.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a head of business development are cloud, C++, and project management.
| Development Vice President | Head Of Business Development | |
| Yearly salary | $156,085 | $134,190 |
| Hourly rate | $75.04 | $64.51 |
| Growth rate | 7% | 10% |
| Number of jobs | 94,188 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 63% |
| 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 head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Development vice presidents and heads of business development have different pay scales, as shown below.
| Development Vice President | Head Of Business Development | |
| Average salary | $156,085 | $134,190 |
| Salary range | Between $103,000 And $235,000 | Between $94,000 And $191,000 |
| Highest paying City | Portland, OR | Seattle, WA |
| Highest paying state | Oregon | Washington |
| Best paying company | Mall of America | Meta |
| Best paying industry | Hospitality | Telecommunication |
There are a few differences between a development vice president and a head of business development in terms of educational background:
| Development Vice President | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between development vice presidents' and heads of business development' demographics:
| Development Vice President | Head Of Business Development | |
| Average age | 45 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 74.2% Female, 25.8% |
| 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% |