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

Entry-Level Business Development VPs can expect to earn an average of $85K per year. Total cash compensation to Entry-Level Business Development VPs bottoms out near $56K and approaches $175K on the high end; the biggest paychecks include approximately $50K from bonuses and almost $40K from profit sharing. Unfortunately, some people in this line of work are without benefits — somewhere between a fifth and a fourth lack coverage. On the flip side, a fair number have medical insurance and just over a half receive dental plans. Men make up the majority of Entry-Level Business Development VPs (68 percent) survey respondents. Job satisfaction is high and work is enjoyable for most Entry-Level Business Development VPs. Participants in PayScale's salary questionnaire provided the particulars of this report.

$51,117 - $149,792
$51K
$85K
$150K
MEDIAN: $84,872
10%
50%
90%

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$20.68 - $56.50
$28
MEDIAN: $28.00
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$51,117 - $149,792  
   
Bonus
$100.00 - $49,680  
Profit Sharing
$0.00 - $39,732  
Commission
$6,020 - $82,434  
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).
)
$55,946 - $174,733  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 261
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$28.00  
   
Overtime
$32.63  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$100.00 - $49,680  
   
Commission
$6,020 - $82,434  
Profit Sharing
$0.00 - $39,732  
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).
)
$55,946 - $174,733  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 7

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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.

Key Stats for Vice President (VP), Business Development

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.
Less than 1 year
5%
1-4 years
60%
5-9 years
35%
Location:
Years in Fields/Career:
United States (change)

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

Business Strategy
▲13%

Sales
▲10%

Strategic Marketing
▲1%

National Average
$100,000

Sales Management
▼1%

Business Development
▼2%

Customer Relationship Management (CRM)
▼5%

Contract Negotiation
▼12%

New Business Development
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
32 %
Male
68 %

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 55%
vision benefits
Vision: 46%
dental benefits
None: 22%
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