VP Business Development Salary In Uk
We will discuss with you the VP business development salary in the UK. Moreover, we will tackle various factors that can affect the salary of this job.
How Much Is VP Business Development Salary In Uk?
The average salary of the VP of business development in the UK is £90,000. The salary range of this job depends on the experience and other factors mentioned below.
Salary Variation Factors:
The first and the major factor that determines the salary of this job is the experience. The VP of business development with less or no experience should get about £72,000.
Whereas, if you have some work experience in this field, then you can get about £81,000. Moreover, if your experience level is high and you are working as a VP of business development for some time.
Then you can get about £90,000. So, it is clear that according to your experience you will get a different amount of salary for this job.
The second factor that can affect the salary of this job is your location or region where you are working for this job. The location or region plays a vital role when it comes to determining the salary of this job.
The vice president of business development who works in London usually gets a higher amount. Then vice president of business development who works in any other city in the UK.
So, it is clear that if you work as vice president of business development and your location is London. Then you can get more than other vice presidents working in any other city in the UK.
In Additional Factors
In addition to the above two factors, many other factors can affect your salary. Such as the company size where you are working as VP business development.
For example, if you work as VP of business development and your company has fewer employees. Then your salary will be higher than the vice president who works in a company with many employees like Amazon or Facebook.
Hence, it is clear that these factors can affect your salary for sure. Now that we have discussed the salary and the factors that can affect the salary.
Let us discuss the duties and responsibilities of this VP of business development.
Who Is VP Of Business Development?
The VP of business development is the person who is managing all the business development of a company. This is a very important job that involves sales, marketing, and management.
A vice president of business development is managing all these things for the company. For example, he or she is responsible for increasing the sales of the company.
Moreover, he or she will find new customers for the company. Also, he or she will properly manage his or her department.
The VP of business development will make sure that his or her department is performing well and running properly. So, now that we have discussed what he or she does.
So the VP business development job is one of the most important jobs in the industry.