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Vice President (VP), Research & Development Salary

The average VP of Research & Development in the United States earns approximately $151K annually. Total cash compensation to VPs of Research & Development bottoms out near $100K and approaches $247K on the high end; the biggest paychecks include approximately $54K from bonuses and almost $30K from profit sharing. Experience level is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Men make up the vast majority of VPs of Research & Development (85 percent) who took the survey. Job satisfaction is reported as high by the vast majority of workers. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
$98,453 - $213,428
(Median)
$98K
$150K
$210K
MEDIAN: $151,174
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
$98,453 - $213,428  
   
Bonus
$1,973 - $53,680  
Profit Sharing
$1,000 - $30,000  
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).
)
$100,210 - $246,933  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 258
United States (change)

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.

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Vice President (VP), Research & Development Tasks

  • 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.
  • 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.

Vice President (VP), Research & Development Job Listings

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VPs of Research & Development report a focused set of job skills. Product Development and Project Management are considered valuable skills and can increase employee pay. Skills that are correlated to lower pay, on the other hand, include Project Management. Aptitude in Product Development tends to also indicate an understanding of Project Management.

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

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


Experience seems to be a major factor in determining the incomes of VPs of Research & Development. The average beginner in this position makes around $100K, but folks who have been around for five to 10 years see a markedly higher median salary of $144K. VPs of Research & Development with one to two decades of relevant experience report an average salary of approximately $165K. VPs of Research & Development who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $180K on average.

Related Job Salaries

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

Late-Career
up arrow 10%

Experienced
0%

National Average
$164,000

Mid-Career
up arrow 12%

Entry-Level
up arrow 39%

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

National Average
$164,000

Product Development
up arrow 1%

Project Management
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 50 votes.

Gender

Female
15 %
Male
85 %

Years of Experience

Less than 1 year
0%
1-4 years
7%
5-9 years
8%
10-19 years
39%
20 years or more
46%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 76%
vision benefits Vision: 62% employee benefits None: 6%