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Director of economic development vs director

The differences between directors of economic development and directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a director of economic development, becoming a director takes usually requires 4-6 years. Additionally, a director has an average salary of $113,489, which is higher than the $107,578 average annual salary of a director of economic development.

The top three skills for a director of economic development include business development, project management and real estate. The most important skills for a director are healthcare, customer service, and oversight.

Director of economic development vs director overview

Director Of Economic DevelopmentDirector
Yearly salary$107,578$113,489
Hourly rate$51.72$54.56
Growth rate8%8%
Number of jobs55,938230,711
Job satisfaction-5
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
Average age4240
Years of experience46

What does a director of economic development do?

An economic development director develops and spearheads the implementation of economic development programs in a city. They usually work for the city government, although there are some who work for private companies. It is their responsibility to perform market research and analysis, developing strategies to help the city in building positive relationships with businesses and potential economic partners. Moreover, as an economic development director, they are also responsible for managing and directing staff, encouraging them to reach project goals while implementing policies and standards.

What does a director do?

Directors work in show business, whether in a film, a television show, or a theatre production. They are responsible for bringing the material to life. They work with the writers to get a clear vision of how the production should look. They lead the production team in planning for the production, identifying filming or rehearsing schedules, casting for roles, and other aspects that need to be decided upon. Directors provide direction to the actors to ensure that the actors understand their role and will be able to effectively convey emotions to the audience. They also manage all other crew members and communicate their expectations clearly so that everyone on the set is working towards one vision.

Director of economic development vs director salary

Directors of economic development and directors have different pay scales, as shown below.

Director Of Economic DevelopmentDirector
Average salary$107,578$113,489
Salary rangeBetween $64,000 And $180,000Between $66,000 And $192,000
Highest paying CityBoston, MANew York, NY
Highest paying stateMassachusettsNew York
Best paying companyAstraZenecaMayo Clinic
Best paying industryHealth CareFinance

Differences between director of economic development and director education

There are a few differences between a director of economic development and a director in terms of educational background:

Director Of Economic DevelopmentDirector
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Director of economic development vs director demographics

Here are the differences between directors of economic development' and directors' demographics:

Director Of Economic DevelopmentDirector
Average age4240
Gender ratioMale, 64.1% Female, 35.9%Male, 53.2% Female, 46.8%
Race ratioBlack or African American, 6.0% Unknown, 4.7% Hispanic or Latino, 9.1% Asian, 5.1% White, 74.7% American Indian and Alaska Native, 0.4%Black or African American, 7.9% Unknown, 5.6% Hispanic or Latino, 14.5% Asian, 6.4% White, 65.5% American Indian and Alaska Native, 0.2%
LGBT Percentage16%14%

Differences between director of economic development and director duties and responsibilities

Director of economic development example responsibilities.

  • Lead and manage the implementation of the Medicaid network contract optimization initiatives.
  • Manage domestic and international travel arrangements including transportation, lodging, and logistics for individuals and groups utilizing travel management systems.
  • Serve as interim Texas Medicaid CFO for several months until a replacement CFO are hired.
  • Manage domestic and international travel arrangements including transportation, lodging, and logistics for individuals and groups utilizing travel management systems.
  • Develop and coordinate program operations compliant with federal TANF and local program requirements.

Director example responsibilities.

  • Manage water metering programs for NYC and national portfolio.
  • Collaborate with the CPA to manage financials and reporting / distribution to physicians.
  • Manage OEM manufacturing partners for making bulk solutions, product fills and final packaging.
  • Lead company's first deep-fill structural project, bring company into EPA compliance, establish effective QA-QC program.
  • Develop company website entirely as well as wrote and manage the SEO and upkeep for overall site maintenance.
  • Manage the company's hotel portfolio operations and assets, including renovation, new build, conversions, and rebranding.
  • Show more

Director of economic development vs director skills

Common director of economic development skills
  • Business Development, 12%
  • Project Management, 12%
  • Real Estate, 8%
  • Global Health, 7%
  • Community Development, 7%
  • Economic Development, 5%
Common director skills
  • Healthcare, 10%
  • Customer Service, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Human Resources, 4%
  • Business Development, 4%

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