Director of Innovation Salary
The average salary for a Director of Innovation is $124,514 per year. A skill in Product Development is associated with high pay for this job.
|Salary||$70,595 - $177,543|
|Bonus||$4,041 - $40,476|
|Profit Sharing||$3,250 - $32,500|
|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).)
|$72,768 - $209,705|
Job Description for Director of Innovation
- Identify and develop new strategies, business opportunities, and technologies that can lead to innovation and consequently growth within a company.
- Build strong relationships with industry experts and both new and existing customers.
- Manage multiple teams that are important to the development of new intellectual property.
- Develop the groundwork needed to support the advancement of new intellectual property.
Director of Innovation Job Listings
Pay by Experience Level for Director of Innovation
Pay by Experience for a Director of Innovation has a positive trend. An entry-level Director of Innovation with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Innovation with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $108,000 based on 71 salaries. An experienced Director of Innovation which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 99 salaries. A Director of Innovation with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $150,000 based on 39 salaries.
Pay Difference by Location
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Key Stats for Director of Innovation
Rated 5 out of 5
based on 39 votes.