Vice President (VP), Engineering Salary

Average pay for VPs of Engineering in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($149K). Final cash compensation to VPs of Engineering varies from around $101K to approximately $240K; choice pay grades include potential for bonuses and profit sharing as high as $52K and $30K, respectively. Location and career duration each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. For the most part, VPs of Engineering enjoy their work and report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$97,893 - $203,467
(Median)
$98K
$150K
$200K
MEDIAN: $149,209
10%
50%
90%

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$22.30 - $81.49
(Median)
$22
$48
$81
MEDIAN: $48.00
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
$97,893 - $203,467  
   
Bonus
$1,989 - $51,868  
Profit Sharing
$1,100 - $29,559  
Commission
$0.00 - $78,297  
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).
)
$100,800 - $240,039  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,540
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
$1,989 - $51,868  
   
Commission
$0.00 - $78,297  
Profit Sharing
$1,100 - $29,559  
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).
)
$100,800 - $240,039  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 21
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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 tend not to experience significant pay changes as they move up the career ladder to roles like Chief Executive Officer. The two jobs pay about the same on average. VPs of Engineering most often move into positions as Chief Technology Officers or VPs of Computer Software Engineering. Chief Technology Officers actually earn $19K less on average, however, and VPs of Computer Software Engineering earn $4K less per year than VPs of Engineering do.

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Popular Skills for Vice President (VP), Engineering


VPs of Engineering seem to wield many skills on the job. Most notably, skills in UNIX, Program Management, Product Development, and Leadership are correlated to pay that is above average, with boosts between 9 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, more experience in the field does not usually mean bigger paychecks. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $125K per year. For VPs of Engineering, 10 to 20 years of experience on the job amounts to an average salary of $161K. As VPs of Engineering reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $174K.

Pay Difference by Location


San Jose is home to an above-average pay rate for VPs of Engineering, 33 percent higher than the national average. VPs of Engineering will also find cushy salaries in Philadelphia (+19 percent), Houston (+17 percent), San Francisco (+16 percent), and Boston (+12 percent). VPs of Engineering in Austin earn salaries far below the national average by 20 percent, proving that geography overwhelmingly affects the pay scale for those in this field. 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.

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Experience Affects Vice President (VP), Engineering Salaries


National Average
$165,000



Entry-Level
up arrow 24%

Skills That Affect Vice President (VP), Engineering Salaries

UNIX
up arrow 18%

Program Management
up arrow 10%




SQL
up arrow 3%

Software Architecture
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 1%

Project Management
up arrow 4%

Network Management / Administration
up arrow 6%

Operations Management
up arrow 9%

Software Development
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 292 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: 65% employee benefits None: 5%
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