Vice President (VP), Business Development Salary (United States)

The average pay for a Vice President (VP), Business Development is $125,009 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.
)
$71,991 - $191,539
(Median)
72K
95K
130K
160K
190K
MEDIAN: $125,009
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 - $40.41
(Median)
17
21
25
31
40
MEDIAN: $25.00
10%
25%
50%
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
$71,991 - $191,539  
   
Bonus
$2,993 - $58,297  
Profit Sharing
$1,500 - $34,318  
Commission
$0.00 - $61,919  
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).
)
$80,556 - $231,597  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 2,493
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 - $40.41  
   
Overtime
$0.00 - $49.25  
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
$2,993 - $58,297  
   
Commission
$0.00 - $61,919  
Profit Sharing
$1,500 - $34,318  
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).
)
$80,556 - $231,597  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 2,493
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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.

Common Career Paths for Vice President (VP), Business Development

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Vice President (VP), Business Development Job Listings

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Popular Skills for Vice President (VP), Business Development

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

San Jose
up arrow 28%
Washington
up arrow 25%
Houston
up arrow 11%
up arrow 11%
up arrow 10%
up arrow 7%
Chicago
up arrow 6%
Atlanta
up arrow 6%
San Diego
up arrow 3%
Philadelphia
up arrow 3%
National Average
$149,000
Boston
up arrow 1%
Denver
up arrow 4%
Minneapolis
up arrow 24%
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
$149,000

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

Product Development
up arrow 28%
Strategic Planning
up arrow 11%
Business Development
up arrow 4%
National Average
$149,000
Sales Management
up arrow 3%
Strategic Marketing
up arrow 3%
Technical Sales
up arrow 11%
up arrow 18%
Microsoft Office
up arrow 20%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 616 votes.

Gender

Female
22%
female alumni
 
Male
78%
male alumni

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
16%
10-19 years
42%
20 years or more
36%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 78%
vision benefits Vision: 62% employee benefits None: 10%
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