Vice President (VP) of Research Salary
Earnings for VPs of Research in the United States come in at around $141K annually on average. Career duration is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Men make up a slight majority of VPs of Research (57 percent) who responded to the survey. In this profession, nearly all enjoy medical and dental coverage, and most have vision insurance, as well. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$79,977 - $211,117|
|Bonus||$1,593 - $58,175|
|Total Pay (||$80,538 - $241,574|
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.
Vice President (VP) of Research Job Listings
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. Those educated in Project Management tend to be well versed in 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
For VPs of Research, working in the bustling city of Boston has its advantages, including an above-average pay rate. VPs of Research will also find cushy salaries in New York (+20 percent) and Los Angeles (+15 percent).
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Key Stats for Vice President (VP) of Research
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