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The differences between senior business development managers and directors new business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior business development manager and a director new business development. Additionally, a senior business development manager has an average salary of $129,638, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a senior business development manager include healthcare, cloud and business relationships. The most important skills for a director new business development are business development, project management, and account management.
| Senior Business Development Manager | Director New Business Development | |
| Yearly salary | $129,638 | $110,272 |
| Hourly rate | $62.33 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 204,172 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Senior business development managers and directors new business development have different pay scales, as shown below.
| Senior Business Development Manager | Director New Business Development | |
| Average salary | $129,638 | $110,272 |
| Salary range | Between $94,000 And $178,000 | Between $72,000 And $168,000 |
| Highest paying City | Seattle, WA | Sacramento, CA |
| Highest paying state | Washington | California |
| Best paying company | Shearman & Sterling | Wpp Us Holdings Inc |
| Best paying industry | Manufacturing | Energy |
There are a few differences between a senior business development manager and a director new business development in terms of educational background:
| Senior Business Development Manager | Director New Business Development | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior business development managers' and directors new business development' demographics:
| Senior Business Development Manager | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 74.8% Female, 25.2% | Male, 69.2% Female, 30.8% |
| 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% |