Resource Development Manager Salary
Pay for Resource Development Managers in the United States sits in the ballpark of $50K annually. The vast majority of Resource Development Managers (82 percent) who participated in the survey are women. The majority of Resource Development Managers claim high levels of job satisfaction. Most report receiving medical coverage from their employers and more than half collect dental insurance. Figures cited in this summary are based on replies to 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.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Those in the early stages of their career can expect to make around $43K; however, individuals with five to 10 years of experience bring in $62K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $65K in this role. Survey participants who have worked for more than two decades report bringing in $75K on average.
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