Compensation for Entry-Level Business Development VPs is generous, with average pay surpassing six figures annually ($88K). Total cash incomes of Entry-Level Business Development VPs run from $54K to $176K, depending on bonuses that can occasionally exceed $50K, profit sharing that reaches $40K, and some commissions of nearly $88K. Male Entry-Level Business Development VPs are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Health benefits are not enjoyed by everyone in this line of work, and slightly more than a fifth lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by slightly more than half. Most workers in this position report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$50,264 - $150,714
(Median)
$50K
$88K
$150K
MEDIAN: $87,507
10%
50%
90%

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$20.46 - $56.97
(Median)
$
$25
$
MEDIAN: $24.00
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
$50,264 - $150,714  
   
Bonus
$489.36 - $50,335  
Profit Sharing
$0.00 - $40,452  
Commission
$7,500 - $87,500  
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).
)
$53,974 - $176,045  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 265
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
$24.55  
   
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
$489.36 - $50,335  
   
Commission
$7,500 - $87,500  
Profit Sharing
$0.00 - $40,452  
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).
)
$53,974 - $176,045  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 6

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

Business Strategy
up arrow 23%

Contract Negotiation
up arrow 7%

Strategic Marketing
0%

National Average
$101,000

Sales Management
up arrow 2%

Customer Relationship Management (CRM)
up arrow 9%

Business Development
up arrow 11%

New Business Development
up arrow 15%

Sales
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
29 %
Male
71 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 55%
medical benefits
Vision: 44%
dental benefits
None: 22%
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