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The differences between senior business development managers and heads of 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 head of business development. Additionally, a head of business development has an average salary of $134,190, which is higher than the $129,638 average annual salary of a senior business development manager.
The top three skills for a senior business development manager include healthcare, cloud and business relationships. The most important skills for a head of business development are cloud, C++, and project management.
| Senior Business Development Manager | Head Of Business Development | |
| Yearly salary | $129,638 | $134,190 |
| Hourly rate | $62.33 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 204,172 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| 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 head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Senior business development managers and heads of business development have different pay scales, as shown below.
| Senior Business Development Manager | Head Of Business Development | |
| Average salary | $129,638 | $134,190 |
| Salary range | Between $94,000 And $178,000 | Between $94,000 And $191,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Shearman & Sterling | Meta |
| Best paying industry | Manufacturing | Telecommunication |
There are a few differences between a senior business development manager and a head of business development in terms of educational background:
| Senior Business Development Manager | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior business development managers' and heads of business development' demographics:
| Senior Business Development Manager | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 74.8% Female, 25.2% | Male, 74.2% Female, 25.8% |
| 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% |