Vice President (VP) of Research Salary
Median pay for VPs of Research in the United States is around $143K per year. Career duration and the particular city each impact pay for this group, with the former having the largest influence. For the most part, VPs of Research enjoy their work and report high levels of job satisfaction. Men working as VPs of Research who took the survey just slightly outnumber women at 55 percent. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to most. This report is based on answers to PayScale's salary questionnaire.
|Salary||$80,124 - $214,454|
|Bonus||$2,269 - $54,738|
|Total Pay (||$80,640 - $247,259|
Job Description for Vice President (VP) of Research
- Follow the development of new research technologies and keep the company up to date, and train researchers in the use of new processes.
- 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.
- 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.
Popular Skills for Vice President (VP) of Research
VPs of Research note just a narrow range of job skills. Most notably, skills in Public Speaking, Business Development, Project Management, and Research Analysis are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Research Analysis and Project Management. Most people who know Project Management also know Public Speaking.
Pay by Experience Level for Vice President (VP) of Research
Pay by Experience for a Vice President (VP) of Research has a positive trend. An entry-level Vice President (VP) of Research with less than 5 years of experience can expect to earn an average total compensation of $99,000 based on 6 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP) of Research with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $138,000 based on 19 salaries. An experienced Vice President (VP) of Research which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $165,000 based on 61 salaries. A Vice President (VP) of Research with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $174,000 based on 29 salaries.
Pay Difference by Location
Boston is home to an above-average pay rate for VPs of Research, 29 percent higher than the national average. VPs of Research will also find cushy salaries in New York (+18 percent) and Los Angeles (+13 percent).
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Key Stats for Vice President (VP) of Research
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