Wages for VPs of Research & Development in the United States are generous, with average pay above six figures ($156K) per year. Including potential for bonuses and profit sharing — peaking near $78K and $41K, respectively — total cash payment to VPs of Research & Development can bottom out near $105K or peak near $277K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. For the most part, VPs of Research & Development enjoy their work and report high levels of job satisfaction. Making up 79 percent of those who took the survey, male VPs of Research & Development greatly outnumber their female counterparts. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$99,568 - $234,152
(Median)
$100K
$160K
$230K
MEDIAN: $155,667
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$99,568 - $234,152  
   
Bonus
$6,644 - $77,917  
Profit Sharing
$0.00 - $41,084  
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).
)
$105,265 - $277,006  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 169
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

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.

Read More...

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

Search for more jobs:

Popular Skills for Vice President (VP), Research & Development


VPs of Research & Development typically list a handful of skills they use on the job. Most notably, skills in Product Development, People Management, Project Management, and Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Strategic Planning, Project Management, and People Management. Most people skilled in Product Development are similarly competent in People 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. Those in the early stages of their career can expect to make around $112K; however, individuals with five to 10 years of experience bring in $171K on average — a distinctly larger sum. VPs of Research & Development claiming one to two decades of experience make an estimated median of $174K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $187K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

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


Experienced
0%

National Average
$175,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 36%

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

Product Development
up arrow 3%

National Average
$175,000

People Management
up arrow 8%


Strategic Planning
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

1-4 years
5%
5-9 years
9%
10-19 years
40%
20 years or more
46%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 82%
medical benefits
Vision: 72%
dental benefits
None: 5%
ADVERTISEMENT