VP Business Development Salary NYC
How much is the VP business development salary in NYC? What are the factors of salary in NYC about VP business development? These are things we will tackle about.
Introducing VP Business Development Salary In NYC
According to our research, the average salary of a VP of business development in NYC is $166k. This amount is based on a recent report made by our research team.
About the salary of business development executives from across the United States. In terms of “salary per state”, most business development executives have salaries ranging from $143k to $180k.
However, there are still consultants with lower salaries that come from cities. Such as Philadelphia and Kansas City which have salaries of $124k and $107k respectively.
On the other hand, there are also business developers who have a salary of $200k. This is coming from cities such as Austin and San Diego.
The report also shows that higher salaries are given to those people working in the Northeast United States. In this case, a business development executive from New York City has an average salary of $166k.
It is followed by those from Boston ($166k) and Chicago ($152k).
Factors Of Salary Based On Gender
In terms of gender, it appears that women’s business development. They earn higher salaries than their male counterparts.
They earn an average of 12% more than men who earn an average salary of $156k. There is also a difference in pay between women and men in different age groups.
For instance, men with salaries below 35 years old earn more than women in the same age range. Which may be due to work experience or qualifications.
On the other hand, women who are 35 years old or above earn more than men who are in the same age range. This is due to experience or seniority in their career.
Based On Education Of VP Business Development
In terms of education, the average salary of a VP of business development with no degree is $112k. While those with a Bachelor’s degree earn an average of $114k.
On the other hand, those with an MBA earn an average of $131k. And those with Doctorates earn an average of $143k.
As for the experience, Vp business development with 3-5 years earns an average of $119k. Those who have 5-10 years earn an average of $121k.
Those with 10-15 years of experience earn an average of $125k. Those who have 15-25 years of experience earn an average of $127k.
And those with over 25 years of experience earn an average of $136k.
Factors Of Salary Based On Company Size
According to our research, the average salary of a VP of business development in a small company is $154k. This amount is based on a recent report made by our research team.
Meanwhile, the average salary of a VP of business development in a medium-sized company is $149k. And the average salary of a VP of business development in a large company is $136k.
The salaries are fairly consistent in terms of industry. For example, the average salary of a VP of business development in B2B is $134k.
While the average salary of a VP of business development in B2C is $137k. However, there are also some differences when it comes to location.
For example, someone working in San Francisco earns an average of $149k. While someone working in New York City earns an average of $124k.
It seems that size and location are factors that affect the salary level of VPs business developers.