The average salary for a Vice President (VP), Engineering is $165,348.
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$108k - $229k
$5k - $60k
$985 - $49k
$2k - $69k
$116k - $267k
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Job Description for Vice President (VP), Engineering
Engineering vice presidents (VPs) have extraordinary computer knowledge in addition to a good sense of business practices and customer service. They are responsible for overseeing the engineering or research and development departments, and they generally report to the president or CEO. Engineering VPs can manage or oversee teams of engineers or developers and the projects and testing with which they are tasked. Ultimately, the VPs' goal is to ensure that the engineering portion of their compa…Read more
Vice President (VP), Engineering Tasks
- Coordinate and direct teams to complete projects, including documentation and integration of technical components.
- Guide and approve financial decisions including ordering of materials, expenditures and reporting.
- Ensure that the product is fully and correctly defined and documented.
- Analyze available technology, market needs and existing resources to determine project feasibility.
- Lead the engineering team, including coaching, allocating resources effectively and reviewing team performance.
Popular Employer Salaries for Vice President (VP), Engineering
The top respondents for the job title Vice President (VP), Engineering are from the companies J.P. Morgan Chase & Co. (JPMCC), Arcadis, Inc. and Bank of America Corp. (BOFA). Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is $170,000. Other companies that offer high salaries for this role include Arcadis, Inc., earning around $157,143. Bank of America Corp. (BOFA) pays the lowest at around $125,126. The Goldman Sachs Group, Inc. also pays on the lower end of the scale, paying $140,000.
Vice President (VP), Engineering Job Listings
Popular Skills for Vice President (VP), Engineering
Skills in Leadership, People Management and Product Development are correlated to pay that is above average. Skills that pay less than market rate include Project Management and Engineering Design.
Pay by Experience Level for Vice President (VP), Engineering
An entry-level Vice President (VP), Engineering with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $135,704 based on 21 salaries. An early career Vice President (VP), Engineering with 1-4 years of experience earns an average total compensation of $135,297 based on 107 salaries. A mid-career Vice President (VP), Engineering with 5-9 years of experience earns an average total compensation of $151,392 based on 274 salaries. An experienced Vice President (VP), Engineering with 10-19 years of experience earns an average total compensation of $166,501 based on 1,094 salaries. In their late career (20 years and higher), employees earn an average total compensation of $173,188.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Vice President (VP), Engineering in their job title in San Jose, California earn an average of 25.1% more than the national average. These job titles also find higher than average salaries in San Francisco, California (21.7% more) and Boston, Massachusetts (10.2% more). The lowest salaries can be found in Houston, Texas (5.1% less) and Chicago, Illinois (2.8% less).
Years of Experience
This data is based on 2,765 survey responses.
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