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The differences between managers, corporate development and revenue managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a manager, corporate development and a revenue manager. Additionally, a manager, corporate development has an average salary of $132,983, which is higher than the $86,270 average annual salary of a revenue manager.
The top three skills for a manager, corporate development include corporate development, project management and financial models. The most important skills for a revenue manager are revenue cycle, reservations, and customer service.
| Manager, Corporate Development | Revenue Manager | |
| Yearly salary | $132,983 | $86,270 |
| Hourly rate | $63.93 | $41.48 |
| Growth rate | 10% | 10% |
| Number of jobs | 102,069 | 110,405 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A corporate development manager is responsible for planning and executing project management techniques to enhance business performance and improve financial stability. Corporate development managers identify business opportunities that would generate more revenue resources for the business and establish client partnerships. They also handle the budget for corporate operations, including events, programs, and media presence. A corporate development manager must have excellent communication and leadership skills to address the team's needs and concerns to maximize their efficiency and productivity.
A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.
Managers, corporate development and revenue managers have different pay scales, as shown below.
| Manager, Corporate Development | Revenue Manager | |
| Average salary | $132,983 | $86,270 |
| Salary range | Between $97,000 And $181,000 | Between $59,000 And $124,000 |
| Highest paying City | Jersey City, NJ | Novato, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Ropes & Gray | Meta |
| Best paying industry | Start-up | Technology |
There are a few differences between a manager, corporate development and a revenue manager in terms of educational background:
| Manager, Corporate Development | Revenue Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between managers, corporate development' and revenue managers' demographics:
| Manager, Corporate Development | Revenue Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 41.6% Female, 58.4% |
| 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% |