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Vice President (VP), Business Development Salary (United States)

The average pay for a Vice President (VP), Business Development is $125,326 per year. The skills that increase pay for this job the most are Leadership, Product Development, Contract Negotiation, Strategic Planning, and People Management. Most people in this job have more than five years' experience in related jobs.
Vice President (VP), Business Development Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$72,008 - $191,757
(Median)
72K
95K
130K
160K
190K
MEDIAN: $125,325
10%
25%
50%
75%
90%
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Vice President (VP), Business Development Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$17.36 - $73.40
(Median)
17
28
39
73
MEDIAN: $27.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
Salary
$72,008 - $191,757  
   
Bonus
$3,053 - $57,828  
Profit Sharing
$1,524 - $38,588  
Commission
$0.00 - $62,285  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$80,455 - $232,105  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 2,445
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$17.36 - $73.40  
   
Overtime
$0.00 - $49.25  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$3,053 - $57,828  
   
Commission
$0.00 - $62,285  
Profit Sharing
$1,524 - $38,588  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$80,455 - $232,105  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 12
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Job Description for Vice President (VP), Business Development

One of the major responsibilities for vice presidents of business development is developing and executing company sales and marketing plans, including implementing new ideas and tools for the company. They provide direction and planning for the company and oversee the workings of the company. A vice president of business development must work closely with a team of salespeople, management and lower-level employees.
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Vice President (VP), Business Development Tasks
  • Oversee the formation of business partnerships and negotiation of contracts.
  • Manage business development and sales staff.
  • Lead company’s planning and execution of strategies to increase sales and company growth.

Common Career Paths for Vice President (VP), Business Development

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Vice President (VP), Business Development Job Listings

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Popular Skills for Vice President (VP), Business Development

Pay by Experience Level for Vice President (VP), Business Development

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

San Jose
up arrow 27%
Washington
up arrow 23%
up arrow 13%
Houston
up arrow 12%
Chicago
up arrow 7%
Atlanta
up arrow 7%
up arrow 4%
San Diego
up arrow 3%
Philadelphia
up arrow 3%
National Average
$150,000
Boston
up arrow 1%
Denver
up arrow 4%
Minneapolis
up arrow 24%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Vice President (VP), Business Development Salaries

National Average
$150,000

Skills That Affect Vice President (VP), Business Development Salaries

Leadership
up arrow 33%
Product Development
up arrow 27%
Strategic Planning
up arrow 13%
Business Development
up arrow 4%
Business Strategy
up arrow 4%
New Business Development
up arrow 2%
National Average
$150,000
Technical Sales
up arrow 13%
up arrow 18%
Microsoft Office
up arrow 21%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 594 votes.

Gender

Female
21%
female alumni
 
Male
79%
male alumni

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
16%
10-19 years
43%
20 years or more
36%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 78%
vision benefits Vision: 62% employee benefits None: 10%