Vice President (VP), Research & Development Salary

Median pay for VPs of Research & Development in the United States lies in the neighborhood of $159K per year. Total cash compensation to VPs of Research & Development bottoms out near $102K and approaches $286K on the high end; the biggest paychecks include approximately $78K from bonuses and almost $44K from profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. Male VPs of Research & Development are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most VPs of Research & Development report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.

$96,863 - $242,770
$97K
$160K
$240K
MEDIAN: $158,842
10%
50%
90%

Add this chart to your site: 640px    300px

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$100K$200K$300K
Salary
$96,863 - $242,770  
   
Bonus
$7,603 - $78,044  
Profit Sharing
$-0.50 - $44,385  
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).
)
$102,191 - $286,146  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 175

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Vice President (VP), Research & Development

A vice president (VP) of research and development (R&D) is an executive who oversees and supervises all development and innovation efforts by a company. They work to recruit product development team leaders to handle these efforts and directs R&D teams with budget approvals, scheduling, and deadline management. The VP also works with other teams within the company — such as sales, marketing, engineering, and manufacturing — to bring new products from the research and development side to market or implementation within the organization.

Read More...

Vice President (VP), Research & Development Tasks

  • Develop and direct the design and development of new products and the improvement of existing products.
  • Work with members of the senior management team to further department and company goals.
  • Provide leadership and develop objectives for the Research and Development (R&D) department.
  • Obtain funding for existing and future Research and Development (R&D) projects.

Common Career Paths for Vice President (VP), Research & Development


Add this chart to your site:   640px 640px    300px 300px


VPs of Research & Development often transition into a VP of Product Development position. VPs of Product Development report a slightly lower median income of $152K.

Vice President (VP), Research & Development Job Listings

Search for more jobs:

Popular Skills for Vice President (VP), Research & Development


VPs of Research & Development only report a few specific skills. Most notably, skills in Product Development, People Management, Project Management, and Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Strategic Planning, Project Management, and People Management. Those familiar with Product Development also tend to know People Management.

Pay by Experience Level for Vice President (VP), Research & Development

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


For many VPs of Research & Development, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Individuals who have worked for fewer than five years report earning $105K on average, a generous six-figure sum for those just starting out. People with 10 to 20 years of experience make an average of about $180K in this role. More than 20 years of experience mean a somewhat bigger median paycheck of $198K, but it's not much more than what less experienced people make.

Related Job Salaries

Key Stats for Vice President (VP), Research & Development

Gender

Female
23 %
Male
77 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.
1-4 years
6%
5-9 years
7%
10-19 years
39%
20 years or more
48%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Research & Development Salaries

▲9%

National Average
$182,000

▼1%

▼15%

Entry-Level
▼42%

Skills That Affect Vice President (VP), Research & Development Salaries

Product Development
▼0%

National Average
$182,000



Strategic Planning
▼17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

1-4 years
6%
5-9 years
7%
10-19 years
39%
20 years or more
48%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
vision benefits
Vision: 73%
dental benefits
None: 5%
ADVERTISEMENT