Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
The differences between development vice presidents and vice presidents product 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 vice president product development takes usually requires 8-10 years. Additionally, a vice president product development has an average salary of $168,835, which is higher than the $156,085 average annual salary of a development vice president.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a vice president product development are product development, R, and analytics.
| Development Vice President | Vice President Product Development | |
| Yearly Salary | $156,085 | $168,835 |
| Hourly rate | $75.04 | $81.17 |
| Growth Rate | 7% | 10% |
| Number Of Jobs | 94,188 | 180,783 |
| Job Satisfaction | - | - |
| Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| 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 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 vice presidents and vice presidents product development have different pay scales, as shown below.
| Development Vice President | Vice President Product Development | |
| Average Salary | $156,085 | $168,835 |
| Salary Range | Between $103,000 And $235,000 | Between $109,000 And $259,000 |
| Highest Paying City | Portland, OR | San Francisco, CA |
| Highest Paying State | Oregon | Washington |
| Best Paying Company | Mall of America | |
| Best Paying Industry | Hospitality | Technology |
There are a few differences between a development vice president and a vice president product development in terms of educational background:
| Development Vice President | Vice President Product Development | |
| Most Common Degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most Common Major | Business | Business |
| Most Common College | Northwestern University | University of Georgia |
Here are the differences between development vice presidents' and vice presidents product development' demographics:
| Development Vice President | Vice President Product Development | |
| Average Age | 45 | 39 |
| Gender Ratio | Male, 67.0% Female, 33.0% | Male, 78.1% Female, 21.9% |
| 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% |