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Rate was built on the principles of low rates, groundbreaking technology, complete transparency, excellent customer service and a quick, easy mortgage experience. We knew that to achieve the mission of being the best mortgage company for customers, we also needed to be the best mortgage company for employees and referral partners. We achieved that by innovating superior systems and technology to make the mortgage process easier and more transparent for everyone, and by creating a culture of positivity in which people have the opportunities to improve their lives and achieve their dreams. read more

EMPLOYEE PARTICIPANTS: 126

TOTAL RATINGS: 1249

CEO: Victor Ciardelli

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Rate VP of Business Development Salary

The average Rate VP of Business Development earns an estimated $184,110 annually. Rate's VP of Business Development compensation is $26,991 less than the US average for a VP of Business Development.

The Business Development Department at Rate earns $3,995 more on average than the Operations Department.

Last updated a year ago.

$37k

$90k

$145k

$200k

$410k

$824k

$184,110

Average Compensation

$184,110: avg. base

VP of Business Development Salaries at Rate

VPs of Business Development earn $48,497 more than Business Development Managers.

Business Development Manager

$136k*

Account Manager

$109k*

Account Executive

$83k*

* estimated salary

Compensation at Rate by Department

The Business Development Department averages $3,995 more than the Operations Department, and $13,863 less than the Design Department

Design

$91,686 Avg. total comp.

+$14k

Business Development

$77,823 Avg. total comp.

Operations

$73,828 Avg. total comp.

-$4k

VP of Business Development Compensation by Gender (All Companies)

The average female VP of Business Development at companies similar size to Rate reported making $289,257, while the average male VP of Business Development at similar sized companies reported making $251,458.

VP of Business Development Compensation by Ethnicity (All Companies)

The average Caucasian VP of Business Development at companies similar size to Rate reported making $263,559, while the average Hispanic or Latino VP of Business Development at similar sized companies reported making $220,000.

How VPs of Business Development at Rate Rate Their Compensation

The majority of VPs of Business Development at Rate believe they're compensated fairly. 18% of VPs of Business Development at Rate say they receive annual bonuses, and the majority (48%) are not satisfied with their benefits. See more compensation ratings at Rate

Do you believe you're paid fairly?

57% Yes

Does your company give annual bonuses?

18% Yes

Are you satisfied with your Benefits?

48% Yes

See Rate VP of Business Development Salaries by City

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