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Vice President (VP), Engineering Salary

Six-figure salaries are the norm for VPs of Engineering in the United States, with median pay hovering around $163K per year. Final cash compensation to VPs of Engineering varies from around $100K to approximately $237K; choice pay grades include potential for bonuses and profit sharing as high as $51K and $26K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career length. Work is enjoyable for VPs of Engineering, who typically claim high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. The numbers in this rundown were provided by PayScale's salary survey participants.
$97,229 - $202,402
(Median)
97K
120K
150K
180K
200K
MEDIAN: $146,954
10%
25%
50%
75%
90%

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$22.47 - $81.29
(Median)
22
33
47
72
81
MEDIAN: $46.00
10%
25%
50%
75%
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$80K$160K$240K
Salary
$97,229 - $202,402  
   
Bonus
$3,106 - $51,009  
Profit Sharing
$1,947 - $25,710  
Commission
$250.00 - $55,000  
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).
)
$100,307 - $236,529  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,509
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
$22.47 - $81.29  
   
Overtime
$-0.50 - $80.46  
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
$3,106 - $51,009  
   
Commission
$250.00 - $55,000  
Profit Sharing
$1,947 - $25,710  
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).
)
$100,307 - $236,529  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 22
United States (change)

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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As VPs of Engineering transition into upper-level roles, like Chief Executive Officers, they often do not see a change in salary. Chief Executive Officers earn the same amount as VPs of Engineering on average. A lot of VPs of Engineering advance their careers by becoming Chief Technology Officers and VPs of Computer Software Engineering. However, those positions offer $18K less and $2K less per year on average.

Vice President (VP), Engineering Job Listings

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Popular Skills for Vice President (VP), Engineering


Survey takers working as VPs of Engineering report using a large range of professional skills. Most notably, skills in Program Management, Leadership, Product Development, and Budget Management are correlated to pay that is above average, with boosts between 9 percent and 12 percent. Skills that are correlated to lower pay, on the other hand, include Operations Management and Network Management / Administration. Most people skilled in Engineering Design are similarly competent 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, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Someone who has worked for fewer than five years earns around $124K on average. Individuals with five to 10 years of experience don't get much more, though; the average income in this group is $132K. VPs of Engineering see a median salary of $158K after reaching one to two decades on the job. Veterans who have acquired more than 20 years report a median income of $173K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location


For VPs of Engineering, San Jose provides a pay rate that is 29 percent greater than the national average. VPs of Engineering can also look forward to large paychecks in cities like Irvine (+18 percent), San Francisco (+12 percent), Houston (+11 percent), and Boston (+8 percent). With compensation 12 percent below the national average, Seattle is not known for hefty paychecks and actually represents the lowest-paying market. Austin and Portland are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 9 percent lower, respectively.

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

Experience Affects Vice President (VP), Engineering Salaries


National Average
$163,000



Entry-Level
up arrow 23%

Skills That Affect Vice President (VP), Engineering Salaries

Program Management
up arrow 12%




SQL
up arrow 4%

People Management
up arrow 3%

Business Development
up arrow 1%

Systems Engineering
up arrow 1%

National Average
$163,000

Engineering Design
up arrow 2%

Project Management
up arrow 3%

Network Management / Administration
up arrow 6%

Operations Management
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 370 votes.

Gender

Female
3 %
Male
97 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
4%
10-19 years
33%
20 years or more
60%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 83%
vision benefits Vision: 65% employee benefits None: 4%