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

The median total income of Entry-Level Business Development VPs is around $99K, and for the average worker in this area, a good chunk of that (nearly one-fourth, in fact) comes from commissions. Total incomes of Entry-Level Business Development VPs incorporate potential for, in a few cases, more than $50K from bonuses and close to $40K from profit sharing; these performance components cause packages to range between $55K and $174K. Male Entry-Level Business Development VPs are more prevalent than women among those who took the survey — 68 percent of professionals. While close to a fourth report receiving no health benefits, a strong majority do receive medical coverage, and a little over a half have dental, as well. Work is enjoyable for Entry-Level Business Development VPs, who typically claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$51,420 - $148,323
$51K
$83K
$150K
MEDIAN: $82,992
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
$51,420 - $148,323  
   
Bonus
$193.92 - $50,191  
Profit Sharing
$0.00 - $40,000  
Commission
$1,030 - $96,958  
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).
)
$55,288 - $174,355  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 247
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
$193.92 - $50,191  
   
Commission
$1,030 - $96,958  
Profit Sharing
$0.00 - $40,000  
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).
)
$55,288 - $174,355  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 7

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Vice President (VP), Business Development Advice

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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 36 votes.
Less than 1 year
6%
1-4 years
60%
5-9 years
34%
Location:
Years in Fields/Career:
United States (change)

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

Sales
▲21%

Business Strategy
▲4%

Strategic Marketing
▲3%

Business Development
▲1%

Sales Management
▲1%

National Average
$99,000

Customer Relationship Management (CRM)
▼1%

Contract Negotiation
▼11%

New Business Development
▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
32 %
Male
68 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 53%
vision benefits
Vision: 45%
no benefits
None: 24%