The average salary for a Vice President (VP), Business Development is Rs 2,992,646 per year. Skills that are associated with high pay for this job are Strategy and New Business Development. Experience has a moderate effect on income for this job. Most people in this job have more than five years' experience in related jobs.

Rs 845,634 - Rs 6,143,102
Rs 850K
Rs 3M
Rs 6M
MEDIAN: Rs 2,933,324
10%
50%
90%
Rs 0Rs 6M
Salary Rs 845,634 - Rs 6,143,102
Bonus Rs 50,111 - Rs 1,448,637
Profit Sharing Rs 0.00 - Rs 1,250,000
Commission Rs 10,066 - Rs 2,483,233
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).
)
Rs 963,307 - Rs 6,649,281
  • Country: India
  • Currency: INR
  • Updated: 20 Jan 2018
  • Individuals Reporting: 360

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.
  • Lead company's planning and execution of strategies to increase sales and company growth.
  • Manage business development and sales staff.

Vice President (VP), Business Development Job Listings

Pay by Experience Level for Vice President (VP), Business Development

Pay by Experience for a Vice President (VP), Business Development has a positive trend. An entry-level Vice President (VP), Business Development with less than 5 years of experience can expect to earn an average total compensation of Rs 1,020,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Business Development with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 2,122,000 based on 28 salaries. An experienced Vice President (VP), Business Development which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 3,556,000 based on 103 salaries. A Vice President (VP), Business Development with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 4,112,000 based on 68 salaries.

Pay Difference by Location

National Average: Rs 3,114,334

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Vice President (VP), Business Development

Gender

Female
10 %
Male
90 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
Less than 1 year
0%
1-4 years
4%
5-9 years
11%
10-19 years
49%
20 years or more
36%

Experience Affects Vice President (VP), Business Development Salaries

▲32%

▲14%

National Average
Rs 3,114,000

▼32%

Entry-Level
▼67%

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

Strategy
▲75%


Business to Business (B2B) Sales
▲2%

National Average
Rs 3,114,000

Strategic Sales
▼1%


Business Strategy
▼18%

Sales Management
▼20%

Strategic Marketing
▼23%

Project Management
▼23%

Strategic Planning
▼26%

Sales
▼29%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
10 %
Male
90 %

Years of Experience

Less than 1 year
0%
1-4 years
4%
5-9 years
11%
10-19 years
49%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 9%
vision benefits
Vision: 8%
no benefits
None: 34%