Research & Development (R&D) Director Salary
Compensation for Research & Development Directors in the United States is generous, with average pay surpassing six figures annually ($133K). Overall cash earnings for Research & Development Directors stretch from $81K on the lower end to $199K near the top, and the heftiest packages can encompass around $38K from bonuses and $25K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by career duration. Most Research & Development Directors survey respondents are men (70 percent). Work is enjoyable for Research & Development Directors, who typically claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
|Salary||$79,374 - $176,509|
|Bonus||$1,483 - $37,749|
|Profit Sharing||$0.00 - $25,168|
|Total Pay (||$81,481 - $199,462|
Job Description for Research & Development (R&D) Director
Research and development (R&D) directors oversee their company's R&D department(s). As such, they are responsible for ensuring that companies meet their objectives for researching and developing new products or technologies and improve existing products. To accomplish these goals, R&D directors lead their company's research staff. They must ensure that their companies correctly understand and anticipate market demand, planning and developing products to meet consumer needs and remain competitive in the marketplace.Read More...
R&D directors perform a number of specific, project-related duties as part of leading research and development efforts. They might lead efforts to develop a new line of products to meet consumer demand. After the development stage, they might assist in organizational planning efforts to scale up the production. Subsequently, they would likely be involved in planning how to modify company infrastructure to enable production of the new product, including acquisition of materials and altering capabilities of manufacturing plants. If necessary, this task extends to planning for a new manufacturing plant to be constructed.
Other tasks include monitoring market trends, devising methods of applying new technologies to their companies’ manufacturing and production, streamlining production and analyzing efficiency, and designing or planning manufacturing equipment necessary for new products.
Companies typically require both an advanced degree in a related engineering or managerial field, as well as experience in research and development. R&D directors typically work full time in an office environment, with periodic fieldwork and overtime required. R&D directors must be technically and scientifically minded, capable communicators, and excellent with organization, strategic planning, and management. They must have an thorough knowledge of relevant regulations and laws pertaining to the field, as well as related technologies and marketing.
Research & Development (R&D) Director Tasks
- Direct the Research and Development (R&D) program, from new product proposal to commercialization.
- Drive accountability, consistency, quality, and process standardization across all phases of research and development.
- In accordance with company objectives develop and monitor research plans and budgets for R&D projects, ensuring projects are completed on time and within cost objectives.
Research & Development (R&D) Director Job Listings
Popular Skills for Research & Development (R&D) Director
Research & Development Directors seem to wield many skills on the job. Most notably, skills in People Management, Technical Analysis, Intellectual Property, and Product Development are correlated to pay that is above average, with boosts between 5 percent and 7 percent. Skills that seem to negatively impact pay include Research Analysis, Program Management, and Biotechnology. For most people, competency in Product Development indicates knowledge of People Management.
Pay by Experience Level for Research & Development (R&D) Director
Pay by Experience for a Research & Development (R&D) Director has a positive trend. An entry-level Research & Development (R&D) Director with less than 5 years of experience can expect to earn an average total compensation of $100,000 based on 53 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Research & Development (R&D) Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $124,000 based on 108 salaries. An experienced Research & Development (R&D) Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 217 salaries. A Research & Development (R&D) Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $164,000 based on 131 salaries.
Pay Difference by Location
For Research & Development Directors, Cambridge provides a pay rate that is 32 percent greater than the national average. Research & Development Directors can also look forward to large paychecks in cities like San Francisco (+25 percent), San Jose (+17 percent), New York (+16 percent), and Boston (+16 percent). The lowest-paying market is Atlanta, which sits 31 percent below the national average, proving that location is a significant contributor to overall pay. Below-median salaries also turn up in Salt Lake City and Denver (30 percent lower and 23 percent lower, respectively).
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Key Stats for Research & Development (R&D) Director
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