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.

$70,595 - $177,543
$71K
$120K
$180K
MEDIAN: $120,320
10%
50%
90%

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$0$209K
Salary $70,595 - $177,543
Bonus $4,041 - $40,476
Profit Sharing $3,250 - $32,500
Commission $6,500
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
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 279

Find Out Exactly What You Should Be Paid

United States (change)

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

National Average: $127,140

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

Related Job Salaries

Key Stats for Director of Innovation

Gender

Female
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.
Less than 1 year
1%
1-4 years
12%
5-9 years
28%
10-19 years
39%
20 years or more
20%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Innovation Salaries

▲18%

▲18%

National Average
$127,000

▼15%

▼28%

Skills That Affect Director of Innovation Salaries

Product Development
▲31%

▲7%

National Average
$127,000


Strategic Project Management
▼16%

Design
▼33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
28%
10-19 years
39%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 84%
vision benefits
Vision: 73%
no benefits
None: 7%
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