Learn About VP Development Salary

If you become a VP of development how much is your salary. In this section, we will tackle how much the salary of VP development is.

Introducing The VP Development Salary

How much does a VP development make? How much is the average salary of a VP of development? What is the pay range for a VP development?

These are the questions we will answer about. So the VP development salary has many factors that go into how much they earn. 

Many different factors affect the salary of a VP development such as:

• Company Size
• Industry of Employer
• Degree and Years of Experience of the Development Team
• Size and Success of the Company’s Products and Services

The location where the company is headquartered will also affect the salary of a VP of development. There is usually more demand for VP development in large cities than there is in rural areas. 

Another Factor Is The Company Success

A company’s success also plays into how much it will pay its VPs. If the company makes over 1 billion dollars in revenue.

Then they can afford to pay their VPs more than an under 10 million dollar company. A new product launch can also affect how much a VP development receives in their paycheck. 

If it goes well and generates more revenue than projected then they may be able to get a bonus or raise. The amount of experience and what degree you have can also help shape how much you get paid as a VP of development. 

The more experience you have and the higher degree you make you more valuable to employers. Many factors go into how much an individual gets paid.

But this is just a general outline of what is involved when it comes to salary. The following table outlines some statistics from our research. 

On average salaries are paid from employers from different industries from different sized companies. Also, from different locations around the country with different levels of experience and education:

Experience Degree Location Average Salary:

• No degree 1 year $48,000 
• Bachelor’s degree 1-4 years $63,000
• Bachelor’s degree 5-9 years $75,000 
• Master’s degree 10+ years $96,000

Experience Degree Industry Average Salary:

No degree in 1 year from the following:

• Utilities $59,000 
• Healthcare and social assistance $47,000 
• Transportation and warehousing $45,000 
• Educational services $38,000 

Bachelor’s degree 1-4 years from the following:

• Utilities $50,000 
• Healthcare and social assistance $60,000 
• Transportation and warehousing $62,000 
• Educational services $52,000 

Master’s degree 10+ years from the following: 

• Utilities $98,000 
• Healthcare and social assistance $76,000 
• Transportation and warehousing $77.6k
• Educational services $89k

These are the different salaries for every level of experience and education. Now let us have quick information about VP development.

Who Is VP Development? 

A vice president of development is a high-ranking executive of a business. Their main job is to oversee the development of a product or service. 

This includes all phases from testing to release. The vice president development also ensures that the product meets the companies expectations and the needs of the customers.

If a VP development is not up to par with these responsibilities then they can be dismissed from their position. When a company is going through a merger or acquisition.

So they may have more than one VP development. This is to ensure there is no delay in getting a new product on the market.