As of January 01, 2025, the average annual salary for a VP of Business Development in Hopkinsville, KY is $305,901. According to Salary.com, salaries can range from a low of $214,008 to a high of $417,662, with most professionals earning between $257,801 and $364,401.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $364,401 | $30,367 | $7,008 | $175 |
| Average | $305,901 | $25,492 | $5,883 | $147 |
| 25th Percentile | $257,801 | $21,483 | $4,958 | $124 |
An entry-level VP of Business Development with under 1 year experience makes about $272,986. With less than 2 years of experience, a mid-level VP of Business Development makes around $277,330. After 2-4 years, the VP of Business Development pay rises to about $283,122. Those senior VP of Business Development with 5-8 years of experience earn roughly $291,810, and those VP of Business Development having 8 years or more experience are expected to earn about $302,671 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Business Development | $272,986 |
| Intermediate Level VP of Business Development | $277,330 |
| Senior Level VP of Business Development | $283,122 |
| Specialist Level VP of Business Development | $291,810 |
| Expert Level VP of Business Development | $302,671 |
| Entry Level | 11% |
| Mid Level | 9% |
| Senior Level | 7% |
| Top Level | 5% |
| Experienced | 1% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Sales Operations: Sales operations is a set of business activities and processes that help a sales organization run effectively, efficiently and in support of business strategies and objectives. Sales operations may also be referred to as sales, sales support or business operations. The set of sales operations activities vary from company to company but often include these five categories: Sales Force Enablement Sales Process Development Sales Process Adoption and Compliance Sales Development Sales Training Sales Force Communications ManagementBusiness Analytics Sales Metrics Sales ForecastingSales Administration Proposal/Contract Development Vendor Selection and Management Planning Process StewardshipAttainment Planning Incentive Sales Compensation Plan Design GTM Strategy Alignment with Roles and Components Territory Analysis and Definition Goal SettingSales Operations Mandate and Design
Sales and Marketing: 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.
| Skill | Salary | Demand |
|---|---|---|
|
Hard Working
|
$357,904 |
17%
|
|
Brand Management
|
$354,845 |
16%
|
|
Innovation
|
$336,491 |
10%
|
|
Insight
|
$336,491 |
10%
|
|
Strategic Planning
|
$333,432 |
9%
|
|
Leadership
|
$330,373 |
8%
|
