Executive Vice President of Business Development Salary in Elmwood, IL

How much does a Executive Vice President of Business Development make?

As of November 01, 2025, the average salary for a Executive Vice President of Business Development in Elmwood, IL is $406,443 per year, which breaks down to an hourly rate of $195.

However, a Executive Vice President of Business Development's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $488,865
  • Majority Range (25th-75th percentile): $380,571 to $449,586
  • Entry-Level (10th percentile): $357,016
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
Recruit with AI
AI-Powered HR
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $380,571 10% $357,016 90% $488,865 75% $449,586 $406,443 50%(Median) Didn’t find job title? Click

Executive Vice President of Business Development Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $449,586 $37,466 $8,646 $216
Average $406,443 $33,870 $7,816 $195
25th Percentile $380,571 $31,714 $7,319 $183
Check out Executive Vice President of Business Development Job Openings in Elmwood, IL
Vice President Business Development

NinjaTrader Group, LLC - Chicago, IL

Vice President Business Development

Hispanic Alliance for Career Enhancement - Chicago, IL

Vice President Business Development

Sedgwick - Chicago, IL

Vice President Business Development

NinjaTrader - Chicago, IL

Search More Executive Vice President of Business Development Jobs in Elmwood, IL
Select State
Select City in IL
Choose Similar Job
Choose Category
Cost of Living
Average Salary for United States
See it in Action

Key Factors That Influence Executive Vice President of Business Development Salaries

A Executive Vice President of Business Development's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects Executive Vice President of Business Development Salaries?

Experience is a primary driver of a Executive Vice President of Business Development's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $390,117
  • Early Career (1-2 years): $392,425
  • Mid-Level (2-4 years): $395,502
  • Senior-Level (5-8 years): $400,117
  • Expert (over 8 years): $405,886
Levels Salary
Entry Level Executive Vice President of Business Development $390,117
Intermediate Level Executive Vice President of Business Development $392,425
Senior Level Executive Vice President of Business Development $395,502
Specialist Level Executive Vice President of Business Development $400,117
Expert Level Executive Vice President of Business Development $405,886
$390,117 0 yr
$392,425 < 2 yrs
$395,502 2-4 yrs
$400,117 5-8 yrs
$405,886 > 8 yrs
View as Table
View as Graph

What Am I Worth?

Top Paying Cities for Executive Vice President of Business Developments

Salaries can also vary between different cities, even within the same state. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different Illinois cities:

  • Harwood Heights: $443,433
  • Bedford Park: $443,261
  • Evergreen Park: $443,089

What Skills Can Increase a Executive Vice President of Business Development's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 6.14% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Financial Accounting (Mentioned in 1.51% Job Postings): Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes. Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. On the other hand, International Financial Reporting Standards (IFRS) is a set of passionable accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread on the international scene, consistency in financial reporting has become more prevalent between global organizations.
  • Sales and Marketing (Mentioned in 1.09% Job Postings): Marketing consists of the strategies your company employs to generate interest in your business. Sales are the methods by which you convert that interest into a transaction.
See More Skills
Skills Demand Percentage
Leadership 6.14%
Financial Accounting 1.51%
Sales and Marketing 1.09%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Executive Vice President of Business Development's salary.
  • Hard Working: Can increase your salary by up to 17%.
  • Brand Management: Can increase your salary by up to 16%.
  • Innovation: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Hard Working
 $475,538
17%
Brand Management
 $471,474
16%
Innovation
 $447,087
10%
Insight
 $447,087
10%
Strategic Planning
 $443,023
9%
Leadership
 $438,958
8%
Get Latest Data

Executive Vice President of Business Development Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Executive Vice President of Business Development's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on November 01, 2025
$380,571
Average $406,443/year
$449,586
$31,714
Average $33,870/month
$37,466
$7,319
Average $7,816/week
$8,646
$183
Average $195/hour
$216
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $449,586 $37,466 $8,646 $216
Average $406,443 $33,870 $7,816 $195
25th Percentile $380,571 $31,714 $7,319 $183

Salaries of jobs related to Executive Vice President of Business Development

Find Your Next Executive Vice President of Business Development Job

Ready to take the next step in your career? Browse thousands of current Executive Vice President of Business Development job openings on our job board. Use the search bar below to find your perfect match.

United States
For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Elmwood, IL

Cost of Living in Elmwood, IL is
-3.5% Lower
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator
Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting
See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job