Average Sr. Research & Development Manager with Product Development Skills Salary

$106,887
Avg. Salary
$10,174
Bonus
$20,000
Profit Sharing
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The average salary for a Sr. Research & Development Manager with Product Development skills is $106,887.
10%
$68k
MEDIAN
$107k
90%
$146k
Is Sr. Research & Development Manager your job title? Find out what you should be paid
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Salary
$68k - $146k
Bonus
$5k - $35k
Profit Sharing
$0 - $20k
Total Pay
$68k - $173k
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What Do Sr. Research & Development Managers Do?

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.

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What Are Popular Skills for Sr. Research & Development Managers?

Skills in Project Management, People Management and Research Analysis are correlated to pay that is above average.

What is the Pay by Experience Level for Sr. Research & Development Managers?

A mid-career Sr. Research & Development Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $110,000 based on 6 salaries. An experienced Sr. Research & Development Manager with 10-19 years of experience earns an average total compensation of $121,351 based on 15 salaries. In their late career (20 years and higher), employees earn an average total compensation of $101,912.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 28 survey responses.
Mid Career
21.4%
Experienced
53.6%
Late Career
25.0%