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Vice President of Business Development Salary in the United States

What is the salary range of a Vice President of Business Development?

As of November 01, 2025, the average salary for a Vice President of Business Development in the United States is $270,746 per year, which breaks down to an hourly rate of $130.

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

  • Top Earners (90th percentile): $301,527
  • Majority Range (25th-75th percentile): $250,972 to $286,858
  • Entry-Level (10th percentile): $232,969
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View as table View as graph 25% $250,972 10% $232,969 90% $301,527 75% $286,858 $270,746 50%(Median) Didn’t find job title? Click

Vice President of Business Development Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $286,858 $23,905 $5,517 $138
Average $270,746 $22,562 $5,207 $130
25th Percentile $250,972 $20,914 $4,826 $121
Check out Vice President of Business Development Job Openings in the United States
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Key Factors That Influence Vice President of Business Development Salaries

A 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, education and company size can directly affect your earning potential.

How Experience Level Affects Vice President of Business Development Salaries?

Experience is a primary driver of a 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): $258,547
  • Early Career (1-2 years): $260,314
  • Mid-Level (2-4 years): $262,670
  • Senior-Level (5-8 years): $265,615
  • Expert (over 8 years): $268,560
Levels Salary
Entry Level Vice President of Business Development $258,547
Intermediate Level Vice President of Business Development $260,314
Senior Level Vice President of Business Development $262,670
Specialist Level Vice President of Business Development $265,615
Expert Level Vice President of Business Development $268,560
$258,547 0 yr
$260,314 < 2 yrs
$262,670 2-4 yrs
$265,615 5-8 yrs
$268,560 > 8 yrs
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What Am I Worth?

How Education impacts a Vice President of Business Development's Salary?

Your level of education can impact your salary potential. While many Vice President of Business Developments enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Vice President of Business Development with a Bachelor's Degree is between $246,009 and $260,905.

Vice President of Business Development Salaries by Degree Level

Typical Education for Vice President of Business Development
Degree Level % of user with this level of education
High School 8.6%
Associates 0.9%
Bachelors 31.0%
Masters 49.1%
Doctorate 10.3%
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Vice President of Business Development Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a 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.

Last Updated on November 01, 2025

Salary Trends for Vice President of Business Developments

Salaries for a Vice President of Business Development can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $228,217 in 2023 to around $229,837 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Vice President of Business Development salary trends, .

Average Annual Salary of Vice President of Business Development Over Time

2022
$???
2023
$228,217
2024
$233,333
2025
$229,837
2026
$???
Year Average Annual Salary
2022
View More
2023 $228,217
2024 $233,333
2025 $229,837
2026
View More

Vice President of Business Development bonus and incentive rates

Based on HR-reported data: a national average with a geographic differential
Base Salary 64.5%
Bonuses 13.1%
Social Security 3.6%
401k/403b 2.5%
Disability 1.6%
Healthcare 2.0%
Pension 3.2%
Time Off 9.5%
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Core Compensation
Median % of Total
Base Salary $270,746 64.5%
Bonus $54,878 13.1%
Value of Benefits
Median % of Total
Social Security $15,175 3.6%
401K/403B $10,500 2.5%
Disability $6,512 1.6%
Healthcare $8,352 2.0%
Pension $13,500 3.2%
Time Off $40,077 9.5%
Total Compensation $419,741 100%
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Most common benefits for Vice President of Business Development

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Vice President of Business Development

Here are companies hiring for Vice President of Business Development and their salaries, click below for more details.

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FAQ about Vice President of Business Development

1. Where can a Vice President of Business Development earn the most?

A Vice President 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, a Vice President of Business Development earns the most in San Jose, CA, where the annual salary of a Vice President of Business Development is $341,492.

2. What is the highest pay for Vice President of Business Development?

The highest pay for Vice President of Business Development is $301,527.

3. What is the lowest pay for Vice President of Business Development?

The lowest pay for Vice President of Business Development is $232,969.

4. What are the responsibilities of Vice President of Business Development?

Directs the development and execution of 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. Develops a wide network of contacts to keep informed about current and future industry and market actions. 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, proposal development, 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 departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

Where Does Our Salary Data Come From?

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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