Sr. Research & Development Manager Salary

Median pay for Senior Research & Development Managers in the United States is around $120K annually. Overall cash earnings for Senior Research & Development Managers vary widely between $84K and $179K; for a few high rollers, the final number can encompass upwards of $25K each from bonuses and profit sharing proceeds. Location is the biggest factor affecting pay for this group, followed by career duration. Generally, women make up less than a third of all Senior Research & Development Managers who answered the questionnnaire. Nearly all report receiving medical and dental coverage from their employers and most collect vision insurance. Among folks in this role, job satisfaction levels approximately match the national average. This overview is based on answers to PayScale's salary questionnaire.

$78,085 - $160,144
$78K
$120K
$160K
MEDIAN: $120,018
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$60K$120K$180K
Salary
$78,085 - $160,144  
   
Bonus
$4,939 - $24,944  
Profit Sharing
$5,425 - $24,832  
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).
)
$83,708 - $179,223  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 91

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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 generally report applying a varied skill set to their work. Most notably, skills in Software Development, People Management, Research Analysis, and Project Management are correlated to pay that is above average, with boosts between 4 percent and 10 percent. Those educated in People Management tend to be well versed in Product Development.

Pay by Experience Level for Sr. Research & Development Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Individuals with fewer than five years of experience earn $94K on average, but those in the five-to-10 year group see a six-figure median of $109K. For Senior Research & Development Managers, 10 to 20 years of experience on the job amounts to an average salary of $142K. Senior Research & Development Managers who claim more than two decades of experience actually make somewhat smaller average paychecks of $135K.

Pay Difference by Location

National Average: $133,182

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, 16 percent above the national average. One of the biggest compensable factors for Senior Research & Development Managers is geography, with workers in New York earning a whopping 29 percent below the national average. Employers pay around 25 percent less in Boston and 2 percent less in San Jose, below-median salaries for those in this field.

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
23 %
Male
77 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 10 votes.
1-4 years
10%
5-9 years
12%
10-19 years
49%
20 years or more
29%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Research & Development Manager Salaries

▲7%

▲2%

National Average
$133,000

▼18%

Entry-Level
▼29%

Skills That Affect Sr. Research & Development Manager Salaries

Software Development
▲10%





National Average
$133,000

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 10 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

1-4 years
10%
5-9 years
12%
10-19 years
49%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 92%
vision benefits
Vision: 82%
dental benefits
None: 3%
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