The average salary for an Early-Career Vice President (VP), Business Development is $87,683.
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$53k - $154k
$1k - $50k
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$56k - $182k
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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
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Popular Skills for Vice President (VP), Business Development
New Business Development
Skills in New Business Development and Strategic Sales are correlated to pay that is above average. Skills that pay less than market rate include Business to Business (B2B) Sales, Strategy Development and Business Development.
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 $84,533 based on 19 salaries. A mid-career Vice President (VP), Business Development with 5-9 years of experience earns an average total compensation of $120,321 based on 592 salaries. An experienced Vice President (VP), Business Development with 10-19 years of experience earns an average total compensation of $140,113 based on 1,558 salaries. In their late career (20 years and higher), employees earn an average total compensation of $149,815.
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 37.0% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (21.5% more) and New York, New York (13.2% more). The lowest salaries can be found in Portland, Oregon (14.5% less), Los Angeles, California (9.1% less) and Chicago, Illinois (7.5% less).
Years of Experience
This data is based on 3,651 survey responses.
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