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The differences between regional business managers and senior business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a regional business manager, becoming a senior business development manager takes usually requires 8-10 years. Additionally, a senior business development manager has an average salary of $129,638, which is higher than the $124,644 average annual salary of a regional business manager.
The top three skills for a regional business manager include patients, regional business and sales strategies. The most important skills for a senior business development manager are healthcare, cloud, and business relationships.
| Regional Business Manager | Senior Business Development Manager | |
| Yearly salary | $124,644 | $129,638 |
| Hourly rate | $59.92 | $62.33 |
| Growth rate | 5% | 10% |
| Number of jobs | 148,007 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A regional business manager is responsible for monitoring the overall business transactions and sales performance of a company within the designated region. Regional business managers review and negotiate business contracts with existing and potential clients and acknowledge their requests according to business regulations. They respond to the clients' inquiries and concerns regarding the company's services and discuss campaigns with the marketing and sales department. A regional business manager must have excellent communication and leadership skills, especially in handling the staff's performance and facilitating programs to reach their maximum potential and productivity.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Regional business managers and senior business development managers have different pay scales, as shown below.
| Regional Business Manager | Senior Business Development Manager | |
| Average salary | $124,644 | $129,638 |
| Salary range | Between $94,000 And $164,000 | Between $94,000 And $178,000 |
| Highest paying City | Salem, OR | Seattle, WA |
| Highest paying state | Oregon | Washington |
| Best paying company | BNP Paribas | Shearman & Sterling |
| Best paying industry | Pharmaceutical | Manufacturing |
There are a few differences between a regional business manager and a senior business development manager in terms of educational background:
| Regional Business Manager | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between regional business managers' and senior business development managers' demographics:
| Regional Business Manager | Senior Business Development Manager | |
| Average age | 46 | 39 |
| Gender ratio | Male, 73.1% Female, 26.9% | Male, 74.8% Female, 25.2% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |