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Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com. read more

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TOTAL RATINGS: 10473

CEO: Marvin Ellison

Lowe's Home Improvement VP of Business Development Salary

The average Lowe's Home Improvement VP of Business Development earns an estimated $211,834 annually. Lowe's Home Improvement's VP of Business Development compensation is $733 more than the US average for a VP of Business Development.

The Business Development Department at Lowe's Home Improvement earns $5,636 more on average than the Marketing Department.

Last updated 2 years ago.

$37k

$90k

$145k

$200k

$410k

$824k

$211,834

Average Compensation

$211,834: avg. base

VP of Business Development Salaries at Lowe's Home Improvement

VPs of Business Development earn $4,887 more than Directors of Business Development.

Director of Business Development

$207k*

Business Development Manager

$153k*

Account Manager

$116k*

Account Executive

$106k*

* estimated salary

Compensation at Lowe's Home Improvement by Department

The Business Development Department averages $5,636 more than the Marketing Department, and $8,187 less than the Engineering Department

Engineering

$131,329 Avg. total comp.

+$8k

Business Development

$123,142 Avg. total comp.

Marketing

$117,506 Avg. total comp.

-$6k

VP of Business Development Compensation by Gender (All Companies)

The average female VP of Business Development at companies similar size to Lowe's Home Improvement reported making $315,250, while the average male VP of Business Development at similar sized companies reported making $283,234.

VP of Business Development Compensation by Ethnicity (All Companies)

The average Caucasian VP of Business Development at companies similar size to Lowe's Home Improvement reported making $304,764, while the average African American/Black VP of Business Development at similar sized companies reported making $140,000.

How VPs of Business Development at Lowe's Home Improvement Rate Their Compensation

The majority of VPs of Business Development at Lowe's Home Improvement believe they're compensated fairly. 59% of VPs of Business Development at Lowe's Home Improvement say they receive annual bonuses, and the majority (65%) are satisfied with their benefits. See more compensation ratings at Lowe's Home Improvement

Do you believe you're paid fairly?

58% Yes

Does your company give annual bonuses?

59% Yes

Are you satisfied with your Benefits?

65% Yes

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