Average Vice President (VP), Business Development Salary

$134,039
Avg. SalaryShow Hourly Rate
$25,546
Bonus
$29,534
Commission
$10,075
Profit Sharing
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The average salary for a Vice President (VP), Business Development is $134,039.
10%
$74k
10%
$134k
50%
$201k
90%
90%
MEDIAN $134,039
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United States (change)
Salary
$74k - $201k
Bonus
$5k - $60k
Profit Sharing
$5k - $40k
Commission
$9k - $78k
Total Pay
$82k - $242k

Your Market Worth Over Time

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Job Description for Vice President (VP), Business Development

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.

Popular Employer Salaries for Vice President (VP), Business Development

The top respondents for the job title Vice President (VP), Business Development are from the companies Blackrock, Inc., J.P. Morgan Chase & Co. (JPMCC) and Morgan Stanley. Reported salaries are highest at Leidos where the average pay is $217,926. Other companies that offer high salaries for this role include HCA, Inc. and MasterCard Worldwide, earning around $165,000 and $162,500, respectively. Right Management, Inc. pays the lowest at around $100,000. J.P. Morgan Chase & Co. (JPMCC) and Blackrock, Inc. also pay on the lower end of the scale, paying $143,189 and $146,448, respectively.

Vice President (VP), Business Development Job Listings

Popular Skills for Vice President (VP), Business Development

Skills in Business Development, New Business Development, Strategy Development, Strategic Sales and Contract Negotiation are correlated to pay that is above average.

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

An entry-level Vice President (VP), Business Development with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $82,390 based on 78 salaries. An early career Vice President (VP), Business Development with 1-4 years of experience earns an average total compensation of $86,582 based on 405 salaries. A mid-career Vice President (VP), Business Development with 5-9 years of experience earns an average total compensation of $120,871 based on 905 salaries. An experienced Vice President (VP), Business Development with 10-19 years of experience earns an average total compensation of $140,359 based on 1,879 salaries. In their late career (20 years and higher), employees earn an average total compensation of $150,004.
Employees with Vice President (VP), Business Development in their job title in San Francisco, California earn an average of 28.7% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (15.8% more) and Los Angeles, California (12.1% more). The lowest salaries can be found in Atlanta, Georgia (6.7% less) and Chicago, Illinois (2.2% less).

Years of Experience

This data is based on 4,555 survey responses.
Entry Level
1.7%
Early Career
8.9%
Mid Career
19.9%
Experienced
41.3%
Late Career
28.3%