The salary of a Vice President 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 a Vice President of Business Development in the United States is $228,840. According to Salary.com, salaries can range from a low of $186,709 to a high of $281,708, with most professionals earning between $206,787 and $256,513.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $256,513 | $21,376 | $4,933 | $123 |
| Average | $228,840 | $19,070 | $4,401 | $110 |
| 25th Percentile | $206,787 | $17,232 | $3,977 | $99 |
An entry-level Vice President of Business Development with less than 1 year of experience earns about $215,345. With 1-2 years of experience, the average salary increases to $217,320. For 2-4 years of experience, the pay typically rises to $219,953. Senior-level professionals with 5-8 years of experience earn around $223,244, and those with over 8 years of experience can expect an average of $226,536.
| Levels | Salary |
|---|---|
| Entry Level Vice President of Business Development | $215,345 |
| Intermediate Level Vice President of Business Development | $217,320 |
| Senior Level Vice President of Business Development | $219,953 |
| Specialist Level Vice President of Business Development | $223,244 |
| Expert Level Vice President of Business Development | $226,536 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 1% |
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 Vice President of Business Development compensation over the past six years. For example, the median salary increased from $228,217 in 2023 to approximately $233,333 in 2024. (For a detailed analysis of Vice President 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 Vice President of Business Development information for you to search for. Click on search button below to see Vice President of Business Development job openings or enter a new job title here.
Here are companies hiring for Vice President of Business Development and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $228,840 | 74.9% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,771 | 4.5% | ||
| 401K/403B | $9,611 | 3.1% | ||
| Disability | $4,577 | 1.5% | ||
| Healthcare | $8,352 | 2.7% | ||
| Pension | $12,357 | 4.0% | ||
| Time Off | $28,165 | 9.2% | ||
| Total Compensation | $305,674 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 8.6% |
| Associates | 0.9% |
| Bachelors | 31.0% |
| Masters | 49.1% |
| Doctorate | 10.3% |
What Am I Worth?
The average annual salary of Vice President of Business Development is $228,840. In case you are finding an easy salary calculator, the average hourly pay of Vice President of Business Development is $110; the average weekly pay of Vice President of Business Development is $4,401; the average monthly pay of Vice President of Business Development is $19,070.
A Vice President 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, a Vice President of Business Development earns the most in San Jose, CA, where the annual salary of a Vice President of Business Development is $288,636.
The highest pay for Vice President of Business Development is $281,708.
The lowest pay for Vice President of Business Development is $186,709.
Directs the development and execution of 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. Develops a wide network of contacts to keep informed about current and future industry and market actions. 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, proposal development, 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 departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive 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.
