VP/Senior Director of BD/Partnerships Compensation
Looking for comps for a VP/Senior Director of BD/Partnerships role that works mostly on enterprise deals. Would love comps from startups and large companies. Currently at a Fortune 50, manage a team of 15 BD folks and pulling in 175K + 30% bonus. No quota. Getting ready to look for something new and want to have an educated answer for "What are your salary expectations?" Thanks!
Something does sound right. How many years of experience? Is this one of those things where everyone is a vp in year two like in finance?
That's really low comp.
18 years of experience. 7 years at current gig. Promoted 3 times from Senior Manager to Director to Senior Director. VP promotion is expected end of the year. But really bored and itching for change. Would love to hear some numbers around base and bonus etc
Size of company and market you sell to matters too. - a lot.
250k, 20% bonus and 200k in rsus
You're at low end of spectrum for Sr Director. I have seen 220K base,35%bonus,40% of base as RSUs for your level. BD is a risky role in my view as it's viewed as 'door opener' in exec circle and in constant conflict with sales and product groups. Try And land product role instead.
Yeah, that’s one part of the job that’s not fun to deal with. What are the ranges for VP and Senior Director of Product? Thanks
Which company?
Aren't most VPs pulling down 1M+ per year?
No No No
Ok, if that's the case, I'm totally out of the compensation loop.