As of April 01, 2025, the average annual salary for a Vice President of Business Development in Chicago, IL is $236,483. According to Salary.com, salaries can range from a low of $192,945 to a high of $291,117, with most professionals earning between $213,694 and $265,081.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $265,081 | $22,090 | $5,098 | $127 |
| Average | $236,483 | $19,707 | $4,548 | $114 |
| 25th Percentile | $213,694 | $17,808 | $4,109 | $103 |
An entry-level Vice President of Business Development with under 1 year experience makes about $222,537. With less than 2 years of experience, a mid-level Vice President of Business Development makes around $224,578. After 2-4 years, the Vice President of Business Development pay rises to about $227,299. Those senior Vice President of Business Development with 5-8 years of experience earn roughly $230,701, and those Vice President of Business Development having 8 years or more experience are expected to earn about $234,102 on average.
| Levels | Salary |
|---|---|
| Entry Level Vice President of Business Development | $222,537 |
| Intermediate Level Vice President of Business Development | $224,578 |
| Senior Level Vice President of Business Development | $227,299 |
| Specialist Level Vice President of Business Development | $230,701 |
| Expert Level Vice President of Business Development | $234,102 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 2% |
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