SVP Business Development
Salary surveys & compensation benchmarks
2 compensation survey reports publish salary benchmarks for SVP Business Development. Compare what each vendor covers and pick the right one for your organization.
Role summary
Sets overall direction and is accountable for developing short, and long-term strategic goals for the Business Development function. Drives talent management through succession and leadership to meet short, and long-term organizational goals. Contributes to the development of new products, entrance to new markets, and negotiates with and forms new business alliances and partnerships. Responsible for selling the company’s value proposition that will influence the buying habits of existing and prospective clients to drive revenue. Has fiscal control and compliance responsibility, and may have oversight over a corporate, subsidiary, or regional segment. Develops major operational objectives to support short and long -term objectives, develops long-term Business Development strategy, and sets the vision concerning the short-term direction and focus of priorities. Acts independently, guided by company policies and executive management objectives. Inspires action, authorizes exceptions to policy, and determines which Business Development issues or relationships have a significant impact on the success or failure of the overall corporation, function, geographic unit, or business/division segment. Relied on by officers to deliver key business goals and Business Development strategy and develops functional initiatives to be implemented by subordinate management. Oversees the management and coordination of initiatives for the smooth integration and effective implementation across and between impacted business areas. Advises Executives on strategic direction and internal alignment needs and frequently represents the organization internally and externally at the highest levels. Typically requires related business, managerial, and leadership experience.
Job summary sourced from the Empsight benchmark job library.
Reports covering SVP Business Development
SVP Business Development salary survey FAQ
- Which compensation surveys cover SVP Business Development pay?
- 2 surveys publish SVP Business Development benchmarks, including data from Empsight. The full list is on this page; click into any one for scope, methodology, and pricing.
- How does SVP Business Development pay vary by industry and geography?
- Compensation for SVP Business Development varies by industry, region, company size, and revenue. Most surveys above publish cuts on those dimensions. Industry-specific surveys (healthcare, tech, financial services, etc.) typically report meaningfully different ranges than cross-industry surveys for the same role.
- What is the typical salary range for SVP Business Development?
- CompShop is a directory of compensation-survey publishers, not a salary aggregator. Actual SVP Business Development ranges live in the surveys listed on this page. Most publishers report 25th, 50th, 75th, and 90th percentile salary data plus total cash compensation.
- How often should I refresh SVP Business Development pay benchmarks?
- Annually is the standard cadence for primary roles. Survey data older than two years is generally too stale for setting current pay ranges, especially in hot segments. Most publishers above release annual editions; a few offer semi-annual updates for fast-moving markets.