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The differences between presidents and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a president and a vice president, business development. Additionally, a president has an average salary of $192,329, which is higher than the $165,159 average annual salary of a vice president, business development.
The top three skills for a president include financial statements, product development and R. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| President | Vice President, Business Development | |
| Yearly salary | $192,329 | $165,159 |
| Hourly rate | $92.47 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 49,413 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Presidents and vice presidents, business development have different pay scales, as shown below.
| President | Vice President, Business Development | |
| Average salary | $192,329 | $165,159 |
| Salary range | Between $114,000 And $323,000 | Between $104,000 And $262,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New York | Washington |
| Best paying company | UnitedHealth Group | Fanatics |
| Best paying industry | - | Manufacturing |
There are a few differences between a president and a vice president, business development in terms of educational background:
| President | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between presidents' and vice presidents, business development' demographics:
| President | Vice President, Business Development | |
| Average age | 52 | 52 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |