Entry-Level Vice President (VP), Business Development Salary

Commissions form a big slice (just under one-half) of total compensation for Entry-Level Business Development VPs. The median income in this area hovers around $100K. Including potential for bonuses and profit sharing — peaking near $51K and $39K, respectively — total cash payment to Entry-Level Business Development VPs can bottom out near $55K or peak near $182K depending on individual performance. Men account for the majority of Entry-Level Business Development VPs who responded to the questionnaire — 67 percent to be exact. Job satisfaction is high and work is enjoyable for most Entry-Level Business Development VPs. While some workers in this profession — just under a fourth — do not have any health coverage, a strong majority do receive medical benefits and more than half have dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$51,939 - $152,964
$52K
$88K
$150K
MEDIAN: $87,791
10%
50%
90%

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$19.50 - $55.50
$28
MEDIAN: $28.00
50%

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$0$185K
Salary $51,939 - $152,964
Bonus $979 - $50,475
Profit Sharing $0.00 - $50,000
Commission $1,000 - $100,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$55,183 - $185,430
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 264
Hourly Data $0$55
Hourly Rate $28.00
Overtime $34.50
Annual Data $0$185K
Bonus $979 - $50,475
Commission $1,000 - $100,000
Profit Sharing $0.00 - $50,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$55,183 - $185,430
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 5

Find Out Exactly What You Should Be Paid

United States (change)

Vice President (VP), Business Development Job Listings

Vice President (VP), Business Development Advice

Q: What do you wish you knew about your job when you first started out?

Vice President (VP), Business Development in New York:
"Salary growth is very limited when staying at a company over."
Switch companies once your finding it difficult to increase your salary.

Vice President (VP), Business Development in Fort Worth:
"Commission paid."
Get firm commission plan that is not tied to net income as you cannot effect net income, territory, sales goals.

Vice President (VP), Business Development in Southgate:
"Fight against crime."
Do not let crime win over you.

Key Stats for Vice President (VP), Business Development

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
4%
1-4 years
62%
5-9 years
34%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Vice President (VP), Business Development Salaries

Sales
▲20%

Business Strategy
▲3%

Strategic Marketing
▲1%

Business Development
▼0%

Sales Management
▼0%

National Average
$100,000

Customer Relationship Management (CRM)
▼2%

Contract Negotiation
▼12%

New Business Development
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
33 %
Male
67 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 57%
vision benefits
Vision: 50%
no benefits
None: 23%
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