Vice President (VP), Research & Development Salary (United States)

A Vice President (VP), Research & Development earns an average salary of $148,618 per year. Most people in this job have more than five years' experience in related jobs.
Vice President (VP), Research & Development Total Pay (?
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.
)
$92,014 - $202,429
(Median)
92K
120K
150K
180K
200K
MEDIAN: $148,617
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
$92,014 - $202,429  
   
Bonus
$2,576 - $51,271  
Profit Sharing
$993 - $30,201  
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).
)
$99,164 - $238,931  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 290
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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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Pay by Experience Level for Vice President (VP), Research & Development

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

Pay Difference By Location

Minneapolis
up arrow 48%
Boston
up arrow 8%
National Average
$162,000
Chicago
up arrow 6%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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

Late-Career
up arrow 9%
Experienced
up arrow 4%
National Average
$162,000
Mid-Career
up arrow 11%
Entry-Level
up arrow 21%

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

Product Development
up arrow 1%
National Average
$162,000
Project Management
up arrow 7%

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 82 votes.

Gender

Female
16%
female alumni
 
Male
84%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
7%
5-9 years
8%
10-19 years
38%
20 years or more
47%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 77%
vision benefits Vision: 63% employee benefits None: 7%
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