Avg. Base Salary (USD)
The average salary for a Vice President (VP), Business Development is $136,451
What is the Pay by Experience Level for Vice President (VP), Business Developments?
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 $81,161 based on 15 salaries. An early career Vice President (VP), Business Development with 1-4 years of experience earns an average total …Read more
What Do Vice President (VP), Business Developments Do?
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.
Vice presidents of development must secure contracts with new customers, as …Read more
- 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.