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Vice President (VP), Research & Development Salary

Generous salaries abound for VPs of Research & Development in the United States, with average pay above six figures ($153K) per year. Total cash compensation to VPs of Research & Development approaches anywhere from $100K on the lower end to $250K on the higher end; in exceptional cases, this can include more than $58K from bonuses and upwards of $30K from profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Work is enjoyable for VPs of Research & Development, who typically claim high levels of job satisfaction. Male VPs of Research & Development far outnumber their female contemporaries among those who completed the questionnaire. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$99,310 - $216,092
(Median)
$99K
$150K
$220K
MEDIAN: $152,995
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
$99,310 - $216,092  
   
Bonus
$1,030 - $57,812  
Profit Sharing
$1,007 - $29,799  
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).
)
$99,827 - $250,473  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 242

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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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Survey takers who work as VPs of Research & Development typically report just a few professional skills. Product Development and Project Management are considered valuable skills and can increase employee pay. At the other end of the pay range are skills like Project Management. Employees educated in Product Development are typically practiced in Project Management, too.

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

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Annually raking in $100K, the average professional in this position sees a six-figure salary within the first five years. VPs of Research & Development see a median salary of $169K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $180K.

Related Job Salaries

United States (change)

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

Late-Career
up arrow 8%

Experienced
up arrow 2%

National Average
$166,000

Mid-Career
up arrow 11%

Entry-Level
up arrow 40%

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

National Average
$166,000

Product Development
up arrow 1%

Project Management
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
10%
10-19 years
39%
20 years or more
44%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 77%
vision benefits Vision: 65% employee benefits None: 7%