Sr. Research & Development Manager Salary

Average Senior Research & Development Managers in the United States make around $122K per year. Geographic location and career length each impact pay for this group, with the former having the largest influence. Work is reasonably fulfilling for most Senior Research & Development Managers — the majority report average levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Male Senior Research & Development Managers are more prevalent than women among those who took the survey — 65 percent of professionals. This report is based on responses to the PayScale salary survey.

$77,568 - $162,144
$78K
$120K
$160K
MEDIAN: $122,375
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$70K$140K$210K
Salary
$77,568 - $162,144  
   
Bonus
$5,128 - $29,590  
Profit Sharing
$10,174  
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).
)
$84,756 - $186,089  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 62

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United States (change)

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Job Description for Sr. Research & Development Manager

A senior research and development (R&D) manager is a high-level executive who oversees the development of new products or software. The manager must be intimately familiar with the company’s branding and strategy, and then work with R&D staff to improve existing products and introduce new ones that conform to the company’s brand image.

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Sr. Research & Development Manager Tasks

  • Assess market and science current states to identify target research areas with unmet needs.
  • Manage budget, expenses, and forecasts for department, including materials analysis.
  • Negotiate with universities, government, companies, and consultants to obtain research or feasibility information.
  • Formulate research plans including estimates, necessary equipment, and monitoring plans.

Common Career Paths for Sr. Research & Development Manager


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Many Senior Research & Development Managers move into a Software Engineering role, which does not lead to a big boost in pay. Software Engineering Directors on average bring in a similar salary to Senior Research & Development Managers.

Sr. Research & Development Manager Job Listings

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Popular Skills for Sr. Research & Development Manager


Senior Research & Development Managers usually report a few specific skills. Most notably, skills in Software Development, People Management, Product Development, and Research Analysis are correlated to pay that is above average, with boosts between 4 percent and 9 percent. Those educated in People Management tend to be well versed in Product Development.

Pay by Experience Level for Sr. Research & Development Manager

Pay by Experience for a Sr. Research & Development Manager has a positive trend. An entry-level Sr. Research & Development Manager with less than 5 years of experience can expect to earn an average total compensation of $95,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Research & Development Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $112,000 based on 17 salaries. An experienced Sr. Research & Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 42 salaries. A Sr. Research & Development Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $138,000 based on 22 salaries.

Pay Difference by Location

National Average: $134,119

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

Home to some of the best pay for Senior Research & Development Managers, Minneapolis offers exceptional salaries, 15 percent above the national average. Compared to the national average, New York Senior Research & Development Managers have considerably lower salaries, 30 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Not at the bottom but still paying below the median are employers in Boston and San Jose (25 percent lower and 3 percent lower, respectively).

Sr. Research & Development Manager Advice

Q: What is it like working as a Sr. Research & Development Manager?

Sr. Research & Development Manager in Utica:
"Make It Look Easy!"
Spend time to understand the challenge, don't plan to fix the problems of the world. Take on the challenging path, and you will find that it has unplanned rewards along the way.

Related Job Salaries

Key Stats for Sr. Research & Development Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
1-4 years
10%
5-9 years
13%
10-19 years
42%
20 years or more
35%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Research & Development Manager Salaries

▲12%

▲3%

National Average
$134,000

▼16%

Entry-Level
▼29%

Skills That Affect Sr. Research & Development Manager Salaries

Software Development
▲9%





National Average
$134,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
10%
5-9 years
13%
10-19 years
42%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 89%
vision benefits
Vision: 79%
no benefits
None: 2%
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