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The differences between executive directors business development and heads of business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both an executive director business development and a head of business development. Additionally, an executive director business development has an average salary of $134,931, which is higher than the $134,190 average annual salary of a head of business development.
The top three skills for an executive director business development include CRM, market trends and market research. The most important skills for a head of business development are cloud, C++, and project management.
| Executive Director Business Development | Head Of Business Development | |
| Yearly salary | $134,931 | $134,190 |
| Hourly rate | $64.87 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 211,826 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business development executive's primary goal is to help their company drive forward using multilayered sales and customer service skills. They research and pursue prospective clients and new business leads that have excellent business growth potential. They are expected to work on new business proposals and present persuasive presentations for their services or products. They must conduct a thorough analysis to ensure success and avoid losses that may affect their business partners' and shareholders' trust in the company's capability of maximizing target profit.
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.
Executive directors business development and heads of business development have different pay scales, as shown below.
| Executive Director Business Development | Head Of Business Development | |
| Average salary | $134,931 | $134,190 |
| Salary range | Between $88,000 And $205,000 | Between $94,000 And $191,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Rhode Island | Washington |
| Best paying company | Exelixis | Meta |
| Best paying industry | Technology | Telecommunication |
There are a few differences between an executive director business development and a head of business development in terms of educational background:
| Executive Director Business Development | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between executive directors business development' and heads of business development' demographics:
| Executive Director Business Development | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 74.2% Female, 25.8% |
| Race ratio | 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% | 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 | 10% | 10% |