Average Late-Career Vice President (VP), Business Development Salary

$149,974
Avg. SalaryShow Hourly Rate
$29,310
Bonus
$30,302
Commission
$10,293
Profit Sharing
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The average salary for a Late-Career Vice President (VP), Business Development is $149,974.
10%
$91k
10%
$150k
50%
$212k
90%
90%
MEDIAN $149,974
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United States (change)
Salary
$91k - $212k
Bonus
$5k - $62k
Profit Sharing
$5 - $49k
Commission
$6k - $80k
Total Pay
$100k - $255k

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 Anchor Fabrication, MasterCard Worldwide and American Water. Reported salaries are highest at MasterCard Worldwide where the average pay is $175,000. Anchor Fabrication pays the lowest at around $67,496.

Career Paths

Explore the most common career paths for Vice President (VP), Business Development. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Vice President (VP), Business Development
Business Development Director
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP), Business Development Job Listings

Popular Skills for Vice President (VP), Business Development

Skills in Business Development, New Business Development, Strategic Sales and Strategy Development are correlated to pay that is above average. Skills that pay less than market rate include Sales Management.

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 19 salaries. An early career Vice President (VP), Business Development with 1-4 years of experience earns an average total compensation of $86,513 based on 284 salaries. A mid-career Vice President (VP), Business Development with 5-9 years of experience earns an average total compensation of $120,785 based on 585 salaries. An experienced Vice President (VP), Business Development with 10-19 years of experience earns an average total compensation of $140,168 based on 1,567 salaries.
Employees with Vice President (VP), Business Development in their job title in San Francisco, California earn an average of 31.9% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (15.6% more) and Los Angeles, California (11.5% more). The lowest salaries can be found in Atlanta, Georgia (6.7% less) and Dallas, Texas (0.9% less).

Years of Experience

This data is based on 2,455 survey responses.
Entry Level
0.8%
Early Career
11.6%
Mid Career
23.8%
Experienced
63.8%