As of November 01, 2025, the average salary for an SVP of Business Development in the United States is $320,466 per year, which breaks down to an hourly rate of $154.
However, an SVP of Business Development's salary can vary significantly. Here’s a look at the typical salary range:
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An SVP 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 and company size can directly affect your earning potential.
Experience is a primary driver of an SVP 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:
| Levels | Salary |
|---|---|
| Entry Level SVP of Business Development | $301,031 |
| Intermediate Level SVP of Business Development | $303,837 |
| Senior Level SVP of Business Development | $307,579 |
| Specialist Level SVP of Business Development | $313,191 |
| Expert Level SVP of Business Development | $320,207 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract SVP of Business Developments. For example, consider the average annual salaries in these key locations:
Understanding how an SVP 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.
Last Updated on November 01, 2025Salaries for an SVP of Business Development can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $259,149 in 2023 to around $256,145 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of SVP of Business Development salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $259,149 |
| 2024 | $260,087 |
| 2025 | $256,145 |
| 2026 |
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|
| Median | % of Total | |
|---|---|---|
| Base Salary | $320,466 | 63.0% |
| Bonus | $81,859 | 16.1% |
| Median | % of Total | |
|---|---|---|
| Social Security | $16,287 | 3.2% |
| 401K/403B | $10,500 | 2.1% |
| Disability | $8,047 | 1.6% |
| Healthcare | $8,352 | 1.6% |
| Pension | $13,500 | 2.7% |
| Time Off | $49,517 | 9.7% |
| Total Compensation | $508,528 | 100% |
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An SVP 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, an SVP of Business Development earns the most in San Jose, CA, where the annual salary of an SVP of Business Development is $404,204.
The highest pay for SVP of Business Development is $369,337.
The lowest pay for SVP of Business Development is $261,338.
Develops and leads 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. 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, development of proposals, 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 business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive 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.)
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