Entry-Level Vice President (VP), Business Development Salary

A large fraction of take-home pay for Entry-Level Business Development VPs comes from commissions — slightly less than half on average, in fact. The median overall income in this field is approximately $100K. Cash earnings for Entry-Level Business Development VPs — which occasionally include more than $51K from bonuses and more than $39K from profit sharing — stretch from around $56K to approximately $183K. Job satisfaction is high and work is enjoyable for most Entry-Level Business Development VPs. Men make up the majority of Entry-Level Business Development VPs (68 percent) survey respondents. While slightly less than a fourth report receiving no health benefits, a fair number do receive medical coverage, and more than half have dental, as well. This report is based on answers to PayScale's salary questionnaire.

$51,929 - $152,658
$52K
$88K
$150K
MEDIAN: $87,551
10%
50%
90%

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$20.64 - $57.13
$42
MEDIAN: $41.50
50%

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$0$182K
Salary $51,929 - $152,658
Bonus $507 - $50,738
Profit Sharing $0.00 - $38,783
Commission $1,007 - $99,329
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).
)
$56,123 - $182,749
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 253
Hourly Data $0$57
Hourly Rate $41.50
Overtime $33.90
Annual Data $0$182K
Bonus $507 - $50,738
Commission $1,007 - $99,329
Profit Sharing $0.00 - $38,783
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).
)
$56,123 - $182,749
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 6

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Vice President (VP), Business Development Job Listings

Vice President (VP), Business Development Advice

Q: What do you wish you knew about your job when you first started out?

Vice President (VP), Business Development in New York:
"Salary growth is very limited when staying at a company over."
Switch companies once your finding it difficult to increase your salary.

Vice President (VP), Business Development in Fort Worth:
"Commission paid."
Get firm commission plan that is not tied to net income as you cannot effect net income, territory, sales goals.

Vice President (VP), Business Development in Southgate:
"Fight against crime."
Do not let crime win over you.

Key Stats for Vice President (VP), Business Development

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.
Less than 1 year
6%
1-4 years
61%
5-9 years
33%
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Location:
Years in Fields/Career:
United States (change)

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

Sales
▲20%

Business Strategy
▲3%

Strategic Marketing
▲1%

Business Development
▼0%

Sales Management
▼0%

National Average
$100,000

Customer Relationship Management (CRM)
▼3%

Contract Negotiation
▼12%

New Business Development
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
32 %
Male
68 %

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 57%
vision benefits
Vision: 49%
no benefits
None: 22%
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