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The differences between partners and business development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a partner and a business development director. Additionally, a business development director has an average salary of $117,784, which is higher than the $76,119 average annual salary of a partner.
The top three skills for a partner include patients, customer service and healthcare. The most important skills for a business development director are healthcare, CRM, and patients.
| Partner | Business Development Director | |
| Yearly salary | $76,119 | $117,784 |
| Hourly rate | $36.60 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 45,758 | 153,601 |
| Job satisfaction | 1 | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
Partners and business development directors have different pay scales, as shown below.
| Partner | Business Development Director | |
| Average salary | $76,119 | $117,784 |
| Salary range | Between $31,000 And $182,000 | Between $72,000 And $192,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New Mexico |
| Best paying company | Sidley Austin | alliantgroup |
| Best paying industry | - | Finance |
There are a few differences between a partner and a business development director in terms of educational background:
| Partner | Business Development Director | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between partners' and business development directors' demographics:
| Partner | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.3% Female, 37.7% | Male, 72.3% Female, 27.7% |
| 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% |