Vice President (VP), Engineering with Product Development Skills Salary
VPs of Engineering with Product Development skills take home approximately $160K per year on average. Total cash compensation for VPs of Engineering with Product Development skills runs from $116K to $258K depending on bonuses that can occasionally exceed $54K and profit sharing that can reach almost $49K. Geography and experience level each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most VPs of Engineering with Product Development skills. Medical benefits are awarded to almost all, and a fair number earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
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|Salary||$103,879 - $219,903|
|Bonus||$1,510 - $54,446|
|Profit Sharing||$1,949 - $49,493|
|Total Pay (||$116,383 - $258,352|
Pay by Experience Level for Vice President (VP), Engineering
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many VPs of Engineering with Product Development skills, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Six-figure salaries are not unusual for those just entering the occupation — survey respondents with less than five years' experience under their belts report receiving an average of $127K per year. People with 10 to 20 years of experience make an average of about $182K in this role. VPs of Engineering with Product Development skills who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $197K.
Pay Difference by Location
Surpassing the national average by 39 percent, VPs of Engineering with Product Development skills in New York receive some of the highest pay in the country. VPs of Engineering with Product Development skills will also find cushy salaries in San Jose (+22 percent), Irvine (+19 percent), Philadelphia (+16 percent), and San Francisco (+7 percent). VPs of Engineering with Product Development skills in San Diego earn salaries far below the national average by 25 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around 16 percent less in Houston and 15 percent less in Denver, below-median salaries for those in this field.
Key Stats for Vice President (VP), Engineering
Rated 5 out of 5
based on 49 votes.