Resource Development Manager Salary
Median pay for Resource Development Managers in the United States lies in the neighborhood of $50K per year. Medical benefits are awarded to a large number, and the greater part earn dental coverage. The vast majority of Resource Development Managers (82 percent) who participated in the survey are women. Job satisfaction is high and work is enjoyable for most Resource Development Managers. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Job Description for Resource Development Manager
Resource development managers are responsible for managing development, revenue, and implementation of resources for their organizations, as well as organizing revenue streams and providing information about new campaign programs.Read More...
Resource development managers analyze business patterns to increase profits based on client and product research, and leadership skills are important in this position to cultivate relationships and bring change to the culture and company offerings. Some may provide mentoring and technical data for improved customer service and create programs to increase productivity and efficiency in all workflows and departments. They must also create a safe environment in which coworkers can provide feedback for tasks and create incentives for those with improved performance, as well as identify opportunities for resource savings and diversifying income channels.
These managers must have strong multitasking and communication skills to resolve issues with clients, vendors, and distributors as they arise, educate staff, and work with human resources (HR) to promote services. They may oversee inventory activities, manage development efforts, and measure results, and typically work in an office environment during regular business hours. They use a personal computer to log progress, record information, and write reports, and they should be proficient with Microsoft Office applications to create advanced files and develop spreadsheets. They should also work well in a team environment with other resource development specialists to achieve goals in a timely manner.
A bachelor's degree in business administration or a related field is generally required for this position, and prior experience in a managerial capacity is highly beneficial. Industry and leadership certifications are also helpful.
Resource Development Manager Tasks
- Manages the identification and cultivation of potential donors.
- Oversees press releases and announcements necessary for event success.
- Recruits and trains volunteers for events.
- Manages the development of projects that attract funding.
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Pay by Experience Level for Resource Development Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Resource Development Managers generally obtain higher compensation for more plentiful past experience. Relatively untried employees who have less than five years' experience make $44K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $57K. Resource Development Managers who work for 10 to 20 years in their occupation tend to earn about $60K. Survey participants who have worked for more than two decades report bringing in $75K on average.