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The differences between revenue directors 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 revenue director and a business development director. Additionally, a business development director has an average salary of $117,784, which is higher than the $97,486 average annual salary of a revenue director.
The top three skills for a revenue director include cycle management, strong analytical and revenue cycle operations. The most important skills for a business development director are healthcare, CRM, and patients.
| Revenue Director | Business Development Director | |
| Yearly salary | $97,486 | $117,784 |
| Hourly rate | $46.87 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 52,213 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The job of a revenue director varies with the size of the organization. The job of a revenue director is to ensure sales are running well, hence generating revenue to optimize efficiency and profits. Their duties and responsibilities include planning the organization's budget, mentoring employees, developing strategies to help the organization grow, and communicating revenue issues and strategies to management.
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.
Revenue directors and business development directors have different pay scales, as shown below.
| Revenue Director | Business Development Director | |
| Average salary | $97,486 | $117,784 |
| Salary range | Between $67,000 And $140,000 | Between $72,000 And $192,000 |
| Highest paying City | Tacoma, WA | San Francisco, CA |
| Highest paying state | Washington | New Mexico |
| Best paying company | Brookfield Properties | alliantgroup |
| Best paying industry | Technology | Finance |
There are a few differences between a revenue director and a business development director in terms of educational background:
| Revenue Director | Business Development Director | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between revenue directors' and business development directors' demographics:
| Revenue Director | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 49.7% Female, 50.3% | 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% |