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The differences between development vice presidents and senior development managers 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 senior development manager takes usually requires 6-8 years. Additionally, a development vice president has an average salary of $156,085, which is higher than the $141,487 average annual salary of a senior development manager.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a senior development manager are java, software development, and cloud.
Development Vice President | Senior Development Manager | |
Yearly Salary | $156,085 | $141,487 |
Hourly rate | $75.04 | $68.02 |
Growth Rate | 7% | 16% |
Number Of Jobs | 94,188 | 148,732 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 70% |
Average Age | 45 | 47 |
Years Of Experience | 4 | 8 |
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 senior development manager oversees the daily operations of a company's product development team. They mostly have administrative duties, such as spearheading projects and programs, streamlining project requirements, establishing objectives and timelines, setting budgets and guidelines, delegating responsibilities among teams, and monitoring their progress, coordinating every team's efforts to ensure an effective workflow. Being a senior development manager takes years of experience, which they utilize to lead and guide teams in a joint effort to reach project goals and deliver profitable products.
Development vice presidents and senior development managers have different pay scales, as shown below.
Development Vice President | Senior Development Manager | |
Average Salary | $156,085 | $141,487 |
Salary Range | Between $103,000 And $235,000 | Between $106,000 And $188,000 |
Highest Paying City | Portland, OR | San Francisco, CA |
Highest Paying State | Oregon | California |
Best Paying Company | Mall of America | Akin Gump Strauss Hauer & Feld |
Best Paying Industry | Hospitality | Hospitality |
There are a few differences between a development vice president and a senior development manager in terms of educational background:
Development Vice President | Senior Development Manager | |
Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 70% |
Most Common Major | Business | Business |
Most Common College | Northwestern University | Carnegie Mellon University |
Here are the differences between development vice presidents' and senior development managers' demographics:
Development Vice President | Senior Development Manager | |
Average Age | 45 | 47 |
Gender Ratio | Male, 67.0% Female, 33.0% | Male, 71.9% Female, 28.1% |
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, 6.6% Unknown, 5.2% Hispanic or Latino, 9.9% Asian, 13.6% White, 64.5% American Indian and Alaska Native, 0.2% |
LGBT Percentage | 18% | 11% |