Director of Innovation Salary

The average salary for a Director of Innovation is $124,514 per year. A skill in Product Development is associated with high pay for this job.

$70,485 - $177,867
$70K
$120K
$180K
MEDIAN: $124,514
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$80K$160K$240K
Salary
$70,485 - $177,867  
   
Bonus
$4,122 - $48,288  
Profit Sharing
$20,168  
Commission
$15,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$73,180 - $212,066  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 198

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Director of Innovation

  • Manage multiple teams that are important to the development of new intellectual property.
  • Develop the groundwork needed to support the advancement of new intellectual property.
  • Identify and develop new strategies, business opportunities, and technologies that can lead to innovation and consequently growth within a company.
  • Build strong relationships with industry experts and both new and existing customers.

Director of Innovation Job Listings

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Pay by Experience Level for Director of Innovation

Pay by Experience for a Director of Innovation has a positive trend. An entry-level Director of Innovation with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Innovation with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $108,000 based on 71 salaries. An experienced Director of Innovation which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 99 salaries. A Director of Innovation with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $150,000 based on 39 salaries.

Pay Difference by Location

National Average: $133,500

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Director of Innovation

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.
Less than 1 year
1%
1-4 years
13%
5-9 years
25%
10-19 years
42%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Innovation Salaries

▲12%

▲12%

National Average
$134,000

▼19%

▼31%

Skills That Affect Director of Innovation Salaries

Product Development
▲25%

▲2%

National Average
$134,000


Strategic Project Management
▼20%

Design
▼36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
25%
10-19 years
42%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 85%
vision benefits
Vision: 73%
no benefits
None: 7%