Vice President (VP), Engineering Salary

Average pay for a VP of Engineering in the United States is considerable, rounding six figures at $156K per year. Overall cash earnings for VPs of Engineering stretch from $111K on the lower end to $256K near the top, and the heftiest packages can encompass around $59K from bonuses and $41K from profit sharing. Location and tenure each impact pay for this group, with the former having the largest influence. Work is enjoyable for VPs of Engineering, who typically claim high levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$103,251 - $218,067
$100K
$160K
$220K
MEDIAN: $156,413
10%
50%
90%

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$48.61 - $67.15
$52
MEDIAN: $52.40
50%

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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$90K$180K$270K
Salary
$103,251 - $218,067  
   
Bonus
$4,782 - $59,264  
Profit Sharing
$966 - $41,459  
Commission
$21,000  
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).
)
$110,985 - $256,306  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,130
© PayScale, Inc. @ www.payscale.com
National Hourly Rate 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$50$100$150
Hourly Rate
$52.40  
   
Overtime
$70.00  
National Annualized 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$100K$200K$300K
Bonus
$4,782 - $59,264  
   
Commission
$21,000  
Profit Sharing
$966 - $41,459  
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).
)
$110,985 - $256,306  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 6
© PayScale, Inc. @ www.payscale.com

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Job Description for Vice President (VP), Engineering

Engineering vice presidents (VPs) have extraordinary computer knowledge in addition to a good sense of business practices and customer service. They are responsible for overseeing the engineering or research and development departments, and they generally report to the president or CEO. Engineering VPs can manage or oversee teams of engineers or developers and the projects and testing with which they are tasked.

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Vice President (VP), Engineering Tasks

  • Coordinate and direct teams to complete projects, including documentation and integration of technical components.
  • Guide and approve financial decisions including ordering of materials, expenditures and reporting.
  • Ensure that the product is fully and correctly defined and documented.
  • Analyze available technology, market needs and existing resources to determine project feasibility.
  • Lead the engineering team, including coaching, allocating resources effectively and reviewing team performance.

Common Career Paths for Vice President (VP), Engineering


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VPs of Engineering may not see large compensation differences if they transition into an upper-level role such as Chief Executive Officer. Chief Executive Officers on average make about as much as VPs of Engineering do. VPs of Engineering most frequently advance into Chief Technology Officer and VP of Computer Software Engineering roles even though the median salaries are $28K lower and $13K lower, respectively.

Vice President (VP), Engineering Job Listings

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Popular Skills for Vice President (VP), Engineering


Survey results imply that VPs of Engineering deploy a deep pool of skills on the job. Most notably, skills in UNIX, Leadership, Product Development, and Budget Management are correlated to pay that is above average, with boosts between 5 percent and 10 percent. At the other end of the pay range are skills like Network Management / Administration, Operations Management, and SQL. Those proficient in Leadership are, more often than not, also skilled in Product Development and Project Management. Most people familiar with Engineering Design also know Project Management and Product Development.

Pay by Experience Level for Vice President (VP), Engineering

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


For VPs of Engineering, more experience in the field does not usually mean bigger paychecks. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $135K. On average, VPs of Engineering make $175K following one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $189K.

Pay Difference by Location

National Average: $176,697

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

For those looking to make money, VPs of Engineering in San Jose enjoy an exceptional pay rate, 39 percent above the national average. VPs of Engineering will also find cushy salaries in Denver (+17 percent), New York (+15 percent), San Francisco (+14 percent), and Detroit (+12 percent). Austin ranks last in the field for pay, reporting salaries 9 percent below the national average. Workers in Los Angeles and Dallas earn salaries that trail the national average for those in this profession (4 percent less).

Related Job Salaries

Key Stats for Vice President (VP), Engineering

Gender

Female
3 %
Male
97 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 146 votes.
Less than 1 year
0%
1-4 years
2%
5-9 years
5%
10-19 years
33%
20 years or more
59%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Engineering Salaries

▲7%

National Average
$177,000

▼1%

▼17%

▼24%

Skills That Affect Vice President (VP), Engineering Salaries

UNIX
▲10%

▲6%







Systems Engineering
▼0%

National Average
$177,000




SQL
▼5%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 146 votes.

Gender

Female
3 %
Male
97 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
5%
10-19 years
33%
20 years or more
59%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
dental benefits
None: 6%
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