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The differences between directors of quality and risk management directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a director of quality and a risk management director. Additionally, a director of quality has an average salary of $134,435, which is higher than the $133,286 average annual salary of a risk management director.
The top three skills for a director of quality include healthcare, quality improvement and patients. The most important skills for a risk management director are oversight, risk assessments, and governance.
| Director Of Quality | Risk Management Director | |
| Yearly salary | $134,435 | $133,286 |
| Hourly rate | $64.63 | $64.08 |
| Growth rate | 3% | 17% |
| Number of jobs | 65,443 | 80,337 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 61% |
| Average age | 48 | 43 |
| Years of experience | 6 | 6 |
In the manufacturing industry, a director of quality is primarily in charge of spearheading and overseeing the daily operations in a quality assurance department. They work to ensure that products adhere to the company's quality standards and industry regulations by conducting research and assessments, developing quality test systems, and reviewing reports. As a director of quality, they have the authority to make significant decisions, establish protocols and guidelines, set objectives and timelines, and implement rules and policies, creating new ones as necessary.
A risk management director is responsible for ensuring the safety and security of all the people, assets, and processes across the organization. Risk management directors facilitate risk management programs to mitigate company risks that may affect the organization's reputation and stability. They coordinate with upper management to identify a strategic approach and strengthen risk management policies. A risk management director must have excellent communication and organizational skills, especially in writing and investigating incident reports and resolving internal escalations immediately and efficiently.
Directors of quality and risk management directors have different pay scales, as shown below.
| Director Of Quality | Risk Management Director | |
| Average salary | $134,435 | $133,286 |
| Salary range | Between $98,000 And $183,000 | Between $95,000 And $185,000 |
| Highest paying City | Portland, OR | Washington, DC |
| Highest paying state | Alaska | Vermont |
| Best paying company | Conning | |
| Best paying industry | Finance | Hospitality |
There are a few differences between a director of quality and a risk management director in terms of educational background:
| Director Of Quality | Risk Management Director | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of quality' and risk management directors' demographics:
| Director Of Quality | Risk Management Director | |
| Average age | 48 | 43 |
| Gender ratio | Male, 65.2% Female, 34.8% | Male, 59.4% Female, 40.6% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 12.9% Asian, 9.0% White, 69.9% American Indian and Alaska Native, 0.5% | Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 8% | 4% |