$117,893
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$14,644

Bonus

$9,787

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Sr. Research & Development Manager is {{pay}} per hour.

The average pay for a Sr. Research & Development Manager is $117,893 per year.

$0.00
10%
$0.00
50%
$0.00
90%
MEDIAN $0.00
$76k
10%
$118k
50%
$157k
90%
MEDIAN $117,893
$76,467 - $157,313
$76K
$120K
$160K
MEDIAN: $117,893
10%
50%
90%

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$0$178K
Salary $76,467 - $157,313
Bonus $5,024 - $26,715
Profit Sharing $4,848 - $15,514
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).
)
$80,376 - $178,642
  • Country: United States
  • Currency: USD
  • Updated: 16 Jan 2019
  • Individuals Reporting: 143

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


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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

-2%

National Average: $133,437

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
24 %
Male
76 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.
1-4 years
6%
5-9 years
16%
10-19 years
52%
20 years or more
25%

Experience Affects Sr. Research & Development Manager Salaries

▲12%

▲4%

National Average
$133,000

▼16%

Entry-Level
▼29%

Skills That Affect Sr. Research & Development Manager Salaries

Software Development
▲10%





National Average
$133,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

1-4 years
6%
5-9 years
16%
10-19 years
52%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 92%
vision benefits
Vision: 83%
no benefits
None: 2%