The salary of an SVP of Business Development in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for an SVP of Business Development in the United States is $253,546. Salary.com reports that pay typically ranges from $230,207 to $275,844, with most professionals earning between $208,958 and $296,145.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $275,844 | $22,987 | $5,305 | $133 |
| Average | $253,546 | $21,129 | $4,876 | $122 |
| 25th Percentile | $230,207 | $19,184 | $4,427 | $111 |
An entry-level SVP of Business Development with less than 1 year of experience earns about $239,264. With 1-2 years of experience, the average salary increases to $241,354. For 2-4 years of experience, the pay typically rises to $244,141. Senior-level professionals with 5-8 years of experience earn around $248,321, and those with over 8 years of experience can expect an average of $253,546.
| Levels | Salary |
|---|---|
| Entry Level SVP of Business Development | $239,264 |
| Intermediate Level SVP of Business Development | $241,354 |
| Senior Level SVP of Business Development | $244,141 |
| Specialist Level SVP of Business Development | $248,321 |
| Expert Level SVP of Business Development | $253,546 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in SVP of Business Development compensation over the past six years. For example, the median salary increased from $259,149 in 2023 to approximately $260,087 in 2024. (For a detailed analysis of SVP of Business Development salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of SVP of Business Development information for you to search for. Click on search button below to see SVP of Business Development job openings or enter a new job title here.
Here are companies hiring for SVP of Business Development and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $253,546 | 75.4% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $14,130 | 4.2% | ||
| 401K/403B | $10,500 | 3.1% | ||
| Disability | $5,071 | 1.5% | ||
| Healthcare | $8,352 | 2.5% | ||
| Pension | $13,500 | 4.0% | ||
| Time Off | $31,206 | 9.3% | ||
| Total Compensation | $336,304 | 100% | ||
The average annual salary of SVP of Business Development is $253,546. In case you are finding an easy salary calculator, the average hourly pay of SVP of Business Development is $122; the average weekly pay of SVP of Business Development is $4,876; the average monthly pay of SVP of Business Development is $21,129.
An SVP of Business Development's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an SVP of Business Development earns the most in San Jose, CA, where the annual salary of an SVP of Business Development is $319,798.
The highest pay for SVP of Business Development is $296,145.
The lowest pay for SVP of Business Development is $208,958.
Develops and leads the business development vision, strategy, plans, and processes that will drive sales, increase revenue, expand markets, and accomplish financial objectives. Identifies and evaluates new markets, partners, channels, and customers. Researches and analyzes the business environment, competitors, and customers to develop ideas for new products and services, pricing, and business models. Directs financial feasibility studies, development of proposals, and negotiations for new business opportunities. Collaborates with marketing, sales, product development, and other stakeholders to support business development plans. Requires a bachelor's degree. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
