Sr. Research & Development Manager Salary

Senior Research & Development Managers in the United States pull down an average of $120K per year. Final cash compensation to Senior Research & Development Managers varies from around $87K to approximately $185K; choice pay grades include potential for bonuses and profit sharing as high as $28K and $25K, respectively. Location and tenure each impact pay for this group, with the former having the largest influence. Work is reasonably fulfilling for most Senior Research & Development Managers — the majority report average levels of job satisfaction. Almost all enjoy medical while nearly all get dental coverage. Vision coverage is also available to a large number. The majority of Senior Research & Development Managers (65 percent) who took the survey are men. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$76,297 - $162,760
$76K
$120K
$160K
MEDIAN: $115,726
10%
50%
90%

Add this chart to your site: 640px    300px

$0$185K
Salary $76,297 - $162,760
Bonus $5,087 - $25,380
Profit Sharing $9,916
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).
)
$81,000 - $185,675
  • Country: United States
  • Currency: USD
  • Updated: 18 Oct 2017
  • Individuals Reporting: 64

Job Description for Sr. Research & Development Manager

A senior research and development (R&D) manager is a high-level executive who oversees the development of new products or software. The manager must be intimately familiar with the company’s branding and strategy, and then work with R&D staff to improve existing products and introduce new ones that conform to the company’s brand image.

Read More...

Sr. Research & Development Manager Tasks

  • Assess market and science current states to identify target research areas with unmet needs.
  • Manage budget, expenses, and forecasts for department, including materials analysis.
  • Negotiate with universities, government, companies, and consultants to obtain research or feasibility information.
  • Formulate research plans including estimates, necessary equipment, and monitoring plans.

Common Career Paths for Sr. Research & Development Manager


Add this chart to your site:   640px 640px    300px 300px


Senior Research & Development Managers who transition into an upper level Software Engineering position will not necessarily make much more than they do in their current role. The average Software Engineering makes $139K a year.

Sr. Research & Development Manager Job Listings

Popular Skills for Sr. Research & Development Manager


Senior Research & Development Managers usually report a few specific skills. Most notably, skills in Software Development, People Management, Product Development, and Research Analysis are correlated to pay that is above average, with boosts between 7 percent and 12 percent. Most people who know People Management also know Product Development.

Pay by Experience Level for Sr. Research & Development Manager

Pay by Experience for a Sr. Research & Development Manager has a positive trend. An entry-level Sr. Research & Development Manager with less than 5 years of experience can expect to earn an average total compensation of $95,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Research & Development Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $112,000 based on 17 salaries. An experienced Sr. Research & Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 42 salaries. A Sr. Research & Development Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $138,000 based on 22 salaries.

Pay Difference by Location

National Average: $128,570

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

For Senior Research & Development Managers, working in the bustling city of Minneapolis has its advantages, including an above-average pay rate. Senior Research & Development Managers' salaries are heavily influenced by location — Senior Research & Development Managers in New York bring in salaries that are 28 percent lower than the national average.

Sr. Research & Development Manager Advice

Q: What is it like working as a Sr. Research & Development Manager?

Sr. Research & Development Manager in Portland:
"Find a good leader to work with."
Find a good leader and stay with them. Don't let organizational changes ron you of a good mentor.

Sr. Research & Development Manager in Utica:
"Make It Look Easy!"
Spend time to understand the challenge, don't plan to fix the problems of the world. Take on the challenging path, and you will find that it has unplanned rewards along the way.

Related Job Salaries

Key Stats for Sr. Research & Development Manager

Gender

Female
34 %
Male
66 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.
1-4 years
8%
5-9 years
23%
10-19 years
44%
20 years or more
25%

Experience Affects Sr. Research & Development Manager Salaries

▲17%

▲8%

National Average
$129,000

▼13%

Entry-Level
▼26%

Skills That Affect Sr. Research & Development Manager Salaries

Software Development
▲14%





National Average
$129,000

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
8%
5-9 years
23%
10-19 years
44%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 93%
vision benefits
Vision: 88%
no benefits
None: 2%