Average Vice President VP, Business Development with New Business Development Skills Salary in Toronto, Ontario

Annual Base Salary - $121,025.00/year

The average annual salary of Vice President (VP), Business Development is $121,025.00


The starting salary of Vice President (VP), Business Development is between $70,686.00 and $83,160.00 whereas the maximum salary range is between $222,600.00 and $255,990.00.

Minimum Annual PayMaximum Annual Pay
Bonus Range: Tooltip
$5,300.00 - $61,040.00
Commission: Tooltip
$0.00 - $19,440.00
Profit Sharing: Tooltip
$0.00 - $9,720.00
  • Currency : CAD
  • Annual Salary : $121,025.00
  • Weekly Pay : $2,260.00
  • Fortnightly Salary : $4,519.00
  • Monthly Salary : $9,792.00

Vice President (VP), Business Development Salary Comparison by Gender


This pie chart demonstrates the gender share for Vice President (VP), Business Development. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Vice President (VP), Business Development compared to female. Their involvement is 61% while of female is only 39%.

Salary Distribution Based on Years of Experience

The line graph shows Vice President (VP), Business Development salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $157,779.42.

And finally, once the Vice President (VP), Business Development gains 20 years of experience or more, their salary would reach $169,173.01.

Prominent Skills Affecting Vice President (VP), Business Development Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Vice President (VP), Business Development's salary. It clearly highlights the skills needed for a post of Vice President (VP), Business Development when hired by an employer.

The most vital skill expected of Vice President (VP), Business Development is Contract Negotiation which impacts the most than the rest of the skills indicated with a staggering 43% comparatively. Therefore, one’s salary would greatly depend on their skills in Contract Negotiation.

The skill least likely to affect one’s pay would be Business to Business (B2B) Sales with 9%. It can be said that Business to Business (B2B) Sales skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Vice President (VP), Business Development. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $154,912.00 whereas the highest earning is $164,594.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $164,594.00 at 36%. So to summerize, Late Career earns 28% more than the average salary, Experienced earns 36% more than the average salary.

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