The average pay for a Vice President (VP), Business Development is $123,131 per year. The skills that increase pay for this job the most are Product Development, Contract Negotiation, People Management, and Strategic Planning. Most people in this job have more than five years' experience in related jobs.
Vice President (VP), Business Development Total Pay (?
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.
)
$70,726 - $189,214
(Median)
71K
93K
120K
160K
190K
MEDIAN: $123,130
10%
25%
50%
75%
90%
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Vice President (VP), Business Development Total Pay (?
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.
)
$17.23 - $98.63
(Median)
17
40
99
MEDIAN: $29.00
10%
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
$70,726 - $189,214  
   
Bonus
$3,606 - $55,826  
Profit Sharing
$1,943 - $38,851  
Commission
$0.00 - $72,945  
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).
)
$79,999 - $231,400  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 2,665
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
$17.23 - $98.63  
   
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
$3,606 - $55,826  
   
Commission
$0.00 - $72,945  
Profit Sharing
$1,943 - $38,851  
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).
)
$79,999 - $231,400  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 2,665
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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.
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
Atlanta
up arrow 10%
Seattle
up arrow 10%
Boston
up arrow 6%
Houston
up arrow 5%
up arrow 4%
Philadelphia
up arrow 4%
up arrow 2%
Denver
up arrow 1%
National Average
$147,000
San Diego
up arrow 3%
Austin
up arrow 5%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Vice President (VP), Business Development Salaries

National Average
$147,000
Entry-Level
up arrow 32%

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

Product Development
up arrow 27%
Business Strategy
up arrow 2%
Sales Management
up arrow 2%
Strategic Marketing
0%
National Average
$147,000
up arrow 18%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 652 votes.
Gender
Female
22%
female alumni
 
Male
78%
male alumni
Years of Experience
Less than 1 year
0%
1-4 years
5%
5-9 years
16%
10-19 years
43%
20 years or more
36%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 60% employee benefits None: 10%
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