▼4%
$152,523
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$95k
MEDIAN
$153k
90%
$199k
The average salary for a Vice President (VP), Business Development is $152,523 in 2025
Base Salary
$95k - $199k
Bonus
$10k - $97k
Profit Sharing
$0 - $15k
Commission
$0 - $28k
Total Pay
$111k - $235k
Is Average Experienced Vice President (VP), Business Development with Strategy Development Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Vice President (VP), Business Developments?
▲15%
What Do Vice President (VP), Business Developments Do?
Vice President (VP), Business Development Tasks
- Oversee the formation of business partnerships and negotiation of contracts.
- Lead company's planning and execution of strategies to increase sales and company growth.
- Manage business development and sales staff.
Find your market worth – how it works:
Common Health Benefits for a Vice President (VP), Business Development
Medical
94%
Dental
94%
Vision
83%
None
6%
Gender Breakdown for Vice President (VP), Business Developments
Male
66.7%
Female
33.3%
This data is based on 15 survey responses. Learn more about the gender pay gap.
FAQs About Vice President (VP), Business Developments
What is the highest pay for Vice President (VP), Business Developments in Chicago?
Our data indicates that the highest pay for a Vice President (VP), Business Development in Chicago is $199k / year
What is the lowest pay for Vice President (VP), Business Developments in Chicago?
Our data indicates that the lowest pay for a Vice President (VP), Business Development in Chicago is $95k / year
How can Vice President (VP), Business Developments increase their salary?
Increasing your pay as a Vice President (VP), Business Development is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Vice President (VP), Business Development that oversees more junior Vice President (VP), Business Developments, this experience can increase the likelihood to earn more.