Vice President (VP) of Research Salary

VPs of Research in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $124K) surpassing six figures annually. Cash earnings of VPs of Research can occasionally include $49K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $70K to almost $225K. Geographic location and tenure each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. A large number report receiving medical coverage from their employers and most collect dental insurance. Men make up the vast majority of VPs of Research (82 percent) who took the survey. Participants in PayScale's salary questionnaire provided the particulars of this report.

$69,341 - $201,452
(Median)
$69K
$120K
$200K
MEDIAN: $123,926
10%
50%
90%

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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$80K$160K$240K
Salary
$69,341 - $201,452  
   
Bonus
$1,987 - $49,316  
Profit Sharing
$4,932 - $49,665  
Commission
$5,000  
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).
)
$70,427 - $225,065  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 215
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Job Description for Vice President (VP) of Research

  • Develop project plans, budgets, and deadlines, and work with scientists to identify project components and materials.
  • Create and carry out the company’s research and development plan, and work to meet company R&D objectives.
  • Manage the R&D team, and ensure the organization is fully staffed and recruit new researchers.
  • Oversee a company’s development of new products and production processes to keep ahead of the competition.
  • Follow the development of new research technologies and keep the company up to date, and train researchers in the use of new processes.

Vice President (VP) of Research Job Listings

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Popular Skills for Vice President (VP) of Research


VPs of Research only report a few specific skills. Most notably, skills in Project Management, Research Analysis, Business Development, and Public Speaking are correlated to pay that is above average. Those listing Public Speaking as a skill should be prepared for drastically lower pay. Business Development and Research Analysis also typically command lower compensation. Those proficient in Public Speaking are, more often than not, also skilled in Project Management.

Pay by Experience Level for Vice President (VP) of Research

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. Inexperienced workers earn around $80K, but people who have been around for five to 10 years pull down a much higher average of $109K. VPs of Research claiming one to two decades of experience make an estimated median of $139K. People who have worked for more than 20 years report a median income of $169K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $135,426

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 46 percent, VPs of Research in Boston receive some of the highest pay in the country. VPs of Research will also find cushy salaries in Los Angeles (+27 percent) and New York (+9 percent). Compared to the national average, Washington VPs of Research have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

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Experience Affects Vice President (VP) of Research Salaries



National Average
$135,000

Mid-Career
up arrow 19%

Entry-Level
up arrow 41%

Skills That Affect Vice President (VP) of Research Salaries

National Average
$135,000

Project Management
up arrow 8%


Business Development
up arrow 22%

Public Speaking
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.

Gender

Female
18 %
Male
82 %

Years of Experience

1-4 years
8%
5-9 years
14%
10-19 years
49%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 89%
medical benefits
Vision: 64%
dental benefits
None: 1%
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