Paychex VP of Business Development Salaries in Minneapolis | Comparably
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As the future of work continues to evolve, Paychex leads the way by making complex HR, payroll, and benefits brilliantly simple. Our unique combination of digital HR technology and advisory solutions meets the changing needs of employers and their employees. read more
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Paychex VP of Business Development Salaries in Minneapolis

The average Paychex VP of Business Development in Minneapolis earns an estimated $209,696 annually. Paychex's VP of Business Development compensation is $1,405 less than the US average for a VP of Business Development.

In Minneapolis, The Business Development Department at Paychex earns $22,360 more on average than the Operations Department.

Last updated 12 days ago.

$37k
$90k
$145k
$200k
$410k
$824k
$209,696
Average Compensation
$209,696
avg. base

VP of Business Development Salaries at Paychex

In Minneapolis, VPs of Business Development earn $29,479 more than Directors of Business Development.

Director of Business Development
$180k*
Account Manager
$116k*
Account Executive
$110k*
* estimated salary

Compensation at Paychex by Department

In Minneapolis, The Business Development Department averages $22,360 more than the Operations Department, and $7,699 less than the Finance Department

Finance
$95,951 Avg. total comp.
+$8k
Business Development
$88,252 Avg. total comp.
Operations
$65,892 Avg. total comp.
-$22k

VP of Business Development Compensation by Gender (All Companies)

The average female VP of Business Development at companies similar size to Paychex 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 Paychex 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 Paychex Rate Their Compensation

The majority of VPs of Business Development at Paychex believe they're not compensated fairly. 53% of VPs of Business Development at Paychex say they receive annual bonuses, and the vast majority (71%) are satisfied with their benefits. See more compensation ratings at Paychex

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