Research & Development (R&D) Manager in Minneapolis, Minnesota Salary
A Research & Development (R&D) Manager in Minneapolis, Minnesota earns an average salary of $94,600 per year. Most people move on to other jobs if they have more than 20 years' experience in this field.
|Salary||$74,717 - $130,670|
|Bonus||$1,030 - $43,631|
|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).)
|$75,439 - $159,431|
Job Description for Research & Development (R&D) Manager
Research and development managers lead a team of employees in conducting research and development for an organization. This may include investigating technology development, concept development, and new product development, among other areas. Many times, research and development teams work to improve an existing product or service. They identify areas for improvement and how any changes might be conducted. Research and development managers oversee this process and suggest recommendations to the organization's leaders.Read More...
Research and development managers oversee the daily activities of a team of employees who research designs, concepts, and services. They help develop a budget for the plan and ensure that the team is working within that plan. They also ensure that goals and objectives are being met.
To become a research and development manager, a master’s or doctorate degree is required, usually in engineering, biochemistry, physics, or a related field. Prior research and development experience is expected, and potential applicants must be qualified to lead a team. They must show superior problem solving skills, as well as excellent leadership skills. (Copyright 2017 PayScale.com)
Research & Development (R&D) Manager Tasks
- Responsible for management of a team or group of employees.
- Ensure that program objectives are determined and met, logistics are effectively coordinated and budgets are adhered to.
- Provide technical oversight and expertise as required.
- Plan and implement the development of new processes in areas of research generally dealing with the life or physical sciences.
Research & Development (R&D) Manager Job Listings
Key Stats for Research & Development (R&D) Manager