The average salary for a Vice President (VP), Engineering is $168,612.
Vice President (VP), Engineering by
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What Do Vice President (VP), Engineerings Do?
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.
Job Satisfaction for Vice President (VP), Engineering
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), The Goldman Sachs Group, Inc. and WSP Global Inc.. Reported salaries are highest at WSP Global Inc. where the average pay is $192,800. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and EMCOR Group Inc., earning around $169,161 and $165,000, respectively. Bank of America Corp. (BOFA) pays the lowest at around $124,277. The Goldman Sachs Group, Inc. and Arcadis, Inc. also pay on the lower end of the scale, paying $145,233 and $157,143, respectively.
Vice President (VP), Engineering Job Listings
What Are Popular Skills for Vice President (VP), Engineerings?
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.
What is the Pay by Experience Level for Vice President (VP), Engineerings?
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 $131,568 based on 7 salaries. An early career Vice President (VP), Engineering with 1-4 years of experience earns an average total compensation of $133,979 based on 75 salaries. A mid-career Vice President (VP), Engineering with 5-9 years of experience earns an average total compensation of $152,027 based on 151 salaries. An experienced Vice President (VP), Engineering with 10-19 years of experience earns an average total compensation of $167,599 based on 840 salaries. In their late career (20 years and higher), employees earn an average total compensation of $176,515.
Pay Difference by Location
Employees with Vice President (VP), Engineering in their job title in San Francisco, California earn an average of 24.0% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (16.4% more) and Boston, Massachusetts (11.2% more). The lowest salaries can be found in Chicago, Illinois (3.1% less) and Houston, Texas (3.0% less).
Years of Experience
This data is based on 2,521 survey responses.