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Vice President (VP), Engineering Salary

Generous salaries abound for VPs of Engineering in the United States, with average pay above six figures ($149K) per year. Including potential for bonuses, profit sharing and commission — peaking near $52K, $30K, and $70K, respectively — total cash payment to VPs of Engineering can bottom out near $100K or top out at around $240K. Location is the biggest factor affecting pay for this group, followed by career duration. The majority of workers are highly satisfied with their job. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a majority. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$97,568 - $203,398
(Median)
$98K
$150K
$200K
MEDIAN: $149,128
10%
50%
90%

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$22.30 - $81.49
(Median)
$22
$39
$81
MEDIAN: $39.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
Salary
$97,568 - $203,398  
   
Bonus
$2,018 - $51,669  
Profit Sharing
$1,226 - $29,620  
Commission
$0.00 - $70,000  
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).
)
$100,412 - $240,069  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,544
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$22.30 - $81.49  
   
Overtime
$0.21 - $79.28  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,018 - $51,669  
   
Commission
$0.00 - $70,000  
Profit Sharing
$1,226 - $29,620  
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).
)
$100,412 - $240,069  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 21

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United States (change)


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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

  • 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.
  • Ensure that the product is fully and correctly defined and documented.
  • 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.

Common Career Paths for Vice President (VP), Engineering


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VPs of Engineering sometimes move into a Chief Executive Officer role, where the salary is similar. VPs of Engineering most often advance into Chief Technology Officer and VP of Computer Software Engineering positions even though the median salaries are $19K lower and $4K 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, Software Architecture, Program Management, and Leadership are correlated to pay that is above average, with boosts between 11 percent and 18 percent. Skills that pay less than market rate include Software Development, Operations Management, and Network Management / Administration. It is often found that people who know Engineering Design are also skilled in Leadership 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, experience does not seem to be a major factor in determining pay. Individuals who have worked for fewer than five years report earning $122K on average, a generous six-figure sum for those just starting out. VPs of Engineering with one to two decades of relevant experience report an average salary of approximately $160K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $175K.

Pay Difference by Location


For those looking to make money, VPs of Engineering in San Jose enjoy an exceptional pay rate, 31 percent above the national average. VPs of Engineering can also look forward to large paychecks in cities like Philadelphia (+19 percent), Houston (+16 percent), San Francisco (+13 percent), and Boston (+11 percent). The lowest-paying market is Austin, which sits 20 percent below the national average, proving that location is a significant contributor to overall pay. Two other places where employers offer below-median salaries are Portland (11 percent less) and Denver (6 percent less).

Vice President (VP), Engineering Advice

What do you wish you knew about your job when you first started out?

Vice President (VP), Engineering in Montville:
"How Vastly Different School Is From The Business World."
You need a good business background to succeed at senior level Engineering positions.

Vice President (VP), Engineering in Los Angeles:
The forest and the trees are important. Build a strong team that is aligned around your vision. You cannot succeed without their commitment and buy in to implement it.

Related Job Salaries

United States (change)

Experience Affects Vice President (VP), Engineering Salaries


National Average
$165,000



Entry-Level
up arrow 26%

Skills That Affect Vice President (VP), Engineering Salaries

UNIX
up arrow 18%

Software Architecture
up arrow 15%

Program Management
up arrow 11%




SQL
up arrow 3%

People Management
up arrow 2%

Business Development
up arrow 1%

Systems Engineering
up arrow 1%

National Average
$165,000

Engineering Design
up arrow 2%

Project Management
up arrow 4%

Network Management / Administration
up arrow 5%

Operations Management
up arrow 9%

Software Development
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 308 votes.

Gender

Female
2 %
Male
98 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
5%
10-19 years
33%
20 years or more
61%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 81%
vision benefits Vision: 64% employee benefits None: 5%
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