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.
|Salary||$70,485 - $177,867|
|Bonus||$4,122 - $48,288|
|Total Pay (||$73,180 - $212,066|
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.
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
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Key Stats for Director of Innovation
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