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The differences between vice presidents of research and development and development vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president of research and development, becoming a development vice president takes usually requires 2-4 years. Additionally, a vice president of research and development has an average salary of $170,226, which is higher than the $156,085 average annual salary of a development vice president.
The top three skills for a vice president of research and development include R, product development and project management. The most important skills for a development vice president are business development, java, and development finance.
| Vice President Of Research And Development | Development Vice President | |
| Yearly salary | $170,226 | $156,085 |
| Hourly rate | $81.84 | $75.04 |
| Growth rate | 2% | 7% |
| Number of jobs | 120,333 | 94,188 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 74% |
| Average age | 48 | 45 |
| Years of experience | - | 4 |
A vice president of research and development will lead a team of engineers in developing innovative products on time and on budget. This role will require you to perform a variety of tasks that include executing the company's overall technology vision, managing the appropriate development methodologies, and creating an organizational structure that will drive a high performing development team to deliver high-quality solutions to the market. In addition, you will be responsible for attracting, developing, and retaining top talent for the research and development function.
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
Vice presidents of research and development and development vice presidents have different pay scales, as shown below.
| Vice President Of Research And Development | Development Vice President | |
| Average salary | $170,226 | $156,085 |
| Salary range | Between $114,000 And $253,000 | Between $103,000 And $235,000 |
| Highest paying City | San Francisco, CA | Portland, OR |
| Highest paying state | Washington | Oregon |
| Best paying company | Organon | Mall of America |
| Best paying industry | Finance | Hospitality |
There are a few differences between a vice president of research and development and a development vice president in terms of educational background:
| Vice President Of Research And Development | Development Vice President | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 74% |
| Most common major | Electrical Engineering | Business |
| Most common college | University of Michigan - Ann Arbor | Northwestern University |
Here are the differences between vice presidents of research and development' and development vice presidents' demographics:
| Vice President Of Research And Development | Development Vice President | |
| Average age | 48 | 45 |
| Gender ratio | Male, 85.0% Female, 15.0% | Male, 67.0% Female, 33.0% |
| Race ratio | Black or African American, 3.1% Unknown, 4.6% Hispanic or Latino, 8.7% Asian, 14.2% White, 69.2% American Indian and Alaska Native, 0.2% | Black or African American, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 18% |