$120,471
Avg. Salary
$24.50
Avg. Hourly Rate

Average additional compensation:

$19,436

Bonus

$15,000

Profit Sharing

$10,000

Commission

What am I worth?
How should I pay?

The average pay for a Director Of Innovation is $24.50 per hour.

The average pay for a Director Of Innovation is $120,471 per year.

$19.44
10%
$24.50
50%
$30.52
90%
MEDIAN $24.50
$70k
10%
$120k
50%
$178k
90%
MEDIAN $120,471
$69,581 - $177,515
$70K
$120K
$180K
MEDIAN: $120,471
10%
50%
90%

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$19.44 - $30.52
$24
MEDIAN: $24.50
50%

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$0$203K
Salary $69,581 - $177,515
Bonus $4,788 - $40,239
Profit Sharing $2,936 - $31,027
Commission $10,000
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).
)
$70,083 - $203,378
  • Country: United States
  • Currency: USD
  • Updated: 11 Jan 2019
  • Individuals Reporting: 525
Hourly Data $0$30
Hourly Rate $24.50
Overtime $29.48
Annual Data $0$203K
Bonus $4,788 - $40,239
Commission $10,000
Profit Sharing $2,936 - $31,027
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).
)
$70,083 - $203,378
  • Country: United States
  • Currency: USD
  • Updated: 11 Jan 2019
  • Individuals Reporting: 6

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

-4%

-10%

National Average: $127,365

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

Director of Innovation Reviews

Q: What is it like working as a Director of Innovation?

Director of Innovation in Washington:
"Great."
Pros: Being close to my family and being in a young city
Cons: Not close to nature

Director of Innovation in Charlotte:
"Bad commute."
Pros: Warm weather
Cons: Long commute

Director of Innovation in Akron:
"Great place to raise a family."
Pros: Working from home is great. It allows you to be anywhere and still make a difference. It is close enough that you can head to Cleveland and get all that the big city has to offer.
Cons: Lack of a very vibrant technology culture.

Related Job Salaries

Key Stats for Director of Innovation

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.
Less than 1 year
1%
1-4 years
12%
5-9 years
24%
10-19 years
41%
20 years or more
21%

Experience Affects Director of Innovation Salaries

▲18%

▲18%

National Average
$127,000

▼16%

▼28%

Skills That Affect Director of Innovation Salaries

Product Development
▲31%

▲7%

National Average
$127,000


Strategic Project Management
▼17%

Design
▼33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
24%
10-19 years
41%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 83%
vision benefits
Vision: 73%
no benefits
None: 8%