What is the highest and lowest pay for VP of Business Development?

As of December 01, 2024, the average annual pay of VP of Business Development in Milwaukee, WI is $336,001. While Salary.com is seeing that the highest pay for VP of Business Development in Milwaukee, WI can go up to $465,720 and the lowest down to $233,028, but most earn between $282,101 and $403,901. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of VP of Business Development in the United States.

VP of Business Development Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $403,901 $33,658 $7,767 $194
Average $336,001 $28,000 $6,462 $162
25th Percentile $282,101 $23,508 $5,425 $136

Average Salary

25% $282,101 10% $233,028 90% $465,720 75% $403,901 $336,001 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level VP of Business Development $301,498
Intermediate Level VP of Business Development $306,295
Senior Level VP of Business Development $312,693
Specialist Level VP of Business Development $322,288
Expert Level VP of Business Development $334,283
$301,498 0 yr
$306,295 < 2 yrs
$312,693 2-4 yrs
$322,288 5-8 yrs
$334,283 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 7%
Top Level 4%
Experienced 1%
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Last Updated on December 01, 2024

Job Openings of VP of Business Development

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Best-Paid Skills and Qualifications for VP of Business Development

What skills does a VP of Business Development need?

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.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

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

3.

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.

Leadership 5.97%
Sales Operations 1.51%
Sales and Marketing 1.06%
Others 91.46%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a VP of Business Development higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Hard Working, you can get a 17% salary raise. If you are good at Brand Management, your salary will increase by 16%. If you are expert in Innovation, your salary will rise by 10%.
Skill Salary Demand
Hard Working
$393,121
17%
Brand Management
$389,761
16%
Innovation
$369,601
10%
Insight
$369,601
10%
Strategic Planning
$366,241
9%
Leadership
$362,881
8%
Last Updated on December 01, 2024

About Our Data

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.

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The average salary for a VP of Business Development is $336,001 per year in Milwaukee, WI, updated at December 01, 2024.
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