Vice President, Product Development Salary at Magarray Inc BETA

How much does a Magarray Inc Vice President, Product Development make?

As of December 2024, the average annual salary for a Vice President, Product Development at Magarray Inc is $331,019, which translates to approximately $159 per hour. Salaries for Vice President, Product Development at Magarray Inc typically range from $291,782 to $391,933, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

MagArray Inc Overview

Website:
magarray.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Biotechnology

About MagArray, Inc.: Founded by a team of professors from Stanford University and located in Milpitas, CA, MagArray has developed a simple, ultra-sensitive, and multiplex system for developing and processing medical diagnostics. Derived from magnetic technologies used in the computer disk drive industry, the MagArray system features many unique advantages over the current industry-leading technologies. MagArray has received past support from the National Cancer Institute's SBIR program as well as from private investors.

See similar companies related to Magarray Inc

What Skills Does a person Need at Magarray Inc?

At Magarray Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
  2. Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

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Check more jobs information at Magarray Inc

Job Title Average Magarray Inc Salary Hourly Rate
2 Manager, Quality Assurance $137,442 $66
3 President $919,143 $442
4 Production Team Member $27,024 $13
5 Production Technician $51,390 $25
6 Strategic Advisor $114,884 $55
7 Technician $94,411 $45
8 Chief Business Officer $222,919 $107
9 Electrical Engineer $86,433 $42
10 Chief Executive Officer $919,143 $442
11 Client Services Representative $59,791 $29
12 Director, Application Development $224,658 $108

Hourly Pay at Magarray Inc

The average hourly pay at Magarray Inc for a Vice President, Product Development is $159 per hour. The location, department, and job description all have an impact on the typical compensation for Magarray Inc positions. The pay range and total remuneration for the job title are shown in the table below. Magarray Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $331,019 look to you?

FAQ about Salary and Jobs at Magarray Inc

1. How much does Magarray Inc pay per hour?
The average hourly pay is $159. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Magarray Inc?
According to the data, the highest approximate salary is about $391,933 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Magarray Inc?
According to the data, the lowest estimated salary is about $291,782 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.