Directors are responsible for one of the most crucial duties in a company. There are different types of director job titles working in an organization, especially large ones. Different types of directors have different types of job descriptions and duties and this is why one single director cannot manage everything. So, let’s know some Director Job Titles.
Some of the most common director job titles that you can find in an organization may include the following.
Most Common Director Job Titles
- Managing Director
A managing director belongs to the top-level management hierarchy and is responsible for leading the subordinates. He/she makes sure that the organization’s business is not affected because of poor leadership and management.
You might also notice that a managing director is required at every organization and without them conducting business becomes difficult. There is also a huge difference between a CEO and a Managing Director because both are different in their hierarchical order.
The average salary of a managing director in the United States is $160,351 per year. The pay is quite decent for such a high post in a company. However, the hourly range can vary and some managing directors earn more.
- Executive Director
An executive director is also known as an executive manager. Their primary job is to execute strategies and create business plans for the company. These types of directors are responsible for the day-to-day activities of the business.
These types of directors’ job titles are also required at every type of organization whether it is a large one or a small one. Executive directors make sure that employees are working properly and also ensure that they improve their performance.
An executive director in the United States of America can earn around $255,412 per year. This is more than the average of a managing director because their job is so crucial for the company.
- Company Director
A company director has got roles similar to a managing director. However, there can be some differences as these job titles of a director can be demanding sometimes. A company director handles the operations of the company and makes sure that the company is doing great.
A company director’s services are needed in a company just like any other director’s job title. These job titles belong to the top-level management team and thus these are respectable jobs. A company director can earn around $200,000 per year in the United States of America.
- Finance Director
A finance director, on the other hand, should be the most qualified and skilled director among all director job titles. The finance directors are responsible for the most important work in an organization and that is finance or money.
The finance directors are in different positions and lead different management sections inside an organization. They handle finance-related issues and work with the accounting department of a company. The job of a finance director is quite demanding these days.
The average salary of a finance director in the United States is $157,000 annually. However, there can be a slight variation in the range of the salary earned by finance directors in the US. With additional cash benefits, a finance director can easily earn around $180,000 per year in the US.
- Director of operations
A director of operations is responsible for all the operations of the company that needs to take place daily. These directors make sure that there are no hindrances caused to the daily activities routine. They are responsible for managing all the systems and processes that an organization uses every single day so that smooth business is conducted.
The primary duties of a director of operations include managing the production schedule, working with the vendors, and implementing new policies brought out by the company. Just like any other directorial job title, this type of directorial role is crucial for the organization.
The highest salary earned by a director of operations is $174,538 per year in the United States of America. There can be a slight variation in the pay range from one company to another. Jobs like these are quite demanding these days and there is a fair chance that the growth of such jobs would likely increase in the upcoming years.
- Project Director
A project director might be somewhat below the hierarchical structure of a particular company but without them, certain tasks can become difficult. To relieve the extra tasks that cannot be handled by other directors a project director is required at a company.
A project director is into managing a project and he/she is responsible for overseeing, monitoring, and managing IT projects. Their job is quite crucial for the company to earn revenues. A project director in the United States of America can earn around $116,000 annually across all industries.
Most project directors usually earn between $93,000 – $140,000 in the United States of America. There is no saying that this is the maximum earning because looking at the future these jobs will be in great demand.
- Sales Director
A sales director is directly responsible for the sales department of a company. A sales director is appointed so that he can handle all the sales-related issues. However, this does not mean that the sales director will not be allowed to lead a team.
The sales director is also responsible for making strategies for effective sales because it is the sales that help earn revenues for the company. Without sales, a company will fail to grow and will only have to suffer losses.
A sales director in the United States of America can earn around $144,407 annually. However, sales directors earn an additional cash bonus which can be around $97,746. This is more than some of the other directorial roles.
- Human Resource Director
A human resource director is directly responsible for the human resource department of an organization. They oversee the hiring process of a particular company and manage employee relations.
The human resource director makes sure that all employees from all departments maintain a healthy relationship with one another and that everything is being done according to the organizational standards.
A human resource director in the United States of America can earn around $82,159 annually on average. However, according to Glassdoor, it has been found that the pay was somewhat lower. Well, all in all, a human resource director is required at every type of organization.
Conclusion
Directors are important in an organization because these jobs require certain skills and responsibilities. If you are interested in becoming a managing director or a finance director you need to have certain qualifications.
However, not all types of directorial roles will have the same type of qualification requirements. But, still, most of the things might be similar.
Frequently Asked Questions
- Is the director of a company standing higher than a manager at the hierarchical level?
Ans: A manager is responsible for overseeing the employees while a director manages the manager. The director is also known as the manager of managers in a particular company.
- Which job title stands higher than a director in an organization?
Ans: Several job titles stand higher than a director in an organization. Some of them are as the following:
- Vice president
- CEO
- Can CEOs become directors of their company?
Ans: Yes, CEOs can become the director of their company. They can also become the Managing Director (MD) of the company.