The average VP of Engineering with Product Development skills can expect to rake in roughly $162K annually. Total incomes of VPs of Engineering with Product Development skills incorporate potential for, in a few cases, more than $53K from bonuses and close to $51K from profit sharing; these performance components cause packages to range between $111K and $253K. Location is the biggest factor affecting pay for this group, followed by experience level. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Most workers in this position report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$104,170 - $217,517
$100K
$160K
$220K
MEDIAN: $162,440
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$90K$180K$270K
Salary
$104,170 - $217,517  
   
Bonus
$0.00 - $53,279  
Profit Sharing
$1,980 - $50,507  
Commission
$15,000  
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).
)
$110,845 - $252,559  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 266

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United States (change)

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

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Individuals who have worked for fewer than five years report earning $127K on average, a generous six-figure sum for those just starting out. VPs of Engineering with Product Development skills bring in $184K after working for 10 to 20 years. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $195K.

Key Stats for Vice President (VP), Engineering

Gender

Female
3 %
Male
97 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.
Less than 1 year
1%
1-4 years
2%
5-9 years
3%
10-19 years
32%
20 years or more
63%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Engineering Salaries


National Average
$187,000

Experienced
up arrow 1%

Mid-Career
up arrow 30%

Entry-Level
up arrow 32%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.

Gender

Female
3 %
Male
97 %

Years of Experience

Less than 1 year
1%
1-4 years
2%
5-9 years
3%
10-19 years
32%
20 years or more
63%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 77%
vision benefits
Vision: 64%
dental benefits
None: 6%
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