The average salary for an Experienced Vice President (VP), Business Development with Strategy Development skills is $152,142.
Is Vice President (VP), Business Development your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.
$95k - $219k
$8k - $61k
$5k - $41k
$8k - $110k
$102k - $265k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
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. Vice presidents of development must secure contracts with new customers, as we…Read more
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
Search for more jobs
Popular Skills for Vice President (VP), Business Development
New Business Development
Business to Business (B2B) Sales
Skills that pay less than market rate include Business to Business (B2B) Sales, Contract Negotiation, Strategic Sales, New Business Development and Business Development.
Pay by Experience Level for Vice President (VP), Business Development
An early career Vice President (VP), Business Development with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $88,385 based on 41 salaries. A mid-career Vice President (VP), Business Development with 5-9 years of experience earns an average total compensation of $131,611 based on 98 salaries. In their late career (20 years and higher), employees earn an average total compensation of $164,102.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Vice President (VP), Business Development in their job title in San Francisco, California earn an average of 30.8% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (11.2% more) and Chicago, Illinois (8.9% more). The lowest salaries can be found in Phoenix, Arizona (30.7% less), Boston, Massachusetts (1.4% less) and Washington, District of Columbia (0.6% less).
Years of Experience
This data is based on 345 survey responses.
Related Job Salaries
$41k - $102k
$48k - $111k
$28k - $55k
$33k - $68k
$37k - $83k
$42k - $99k
$32k - $71k
$53k - $98k
$45k - $81k
$45k - $170k