As of August 01, 2026, the average salary for a Hardware R&D Engineering Manager in Forsyth, MO is $146,890 per year, which breaks down to an hourly rate of $71.
However, a Hardware R&D Engineering Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Hardware R&D Engineering Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Hardware R&D Engineering Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Hardware Development Engineer VI | 10-12 years | $175,957 |
| Hardware Design Engineering Supervisor | 12+ years | $114,845 |
| Hardware R&D Engineering Manager | 12+ years | $146,873 |
| Hardware Design Engineering Senior Manager | 12+ years | $172,923 |
| Hardware Design Engineering Director | 12+ years | $212,687 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 13.24% |
| Career Development | 2.45% |
| Hardware Design | 1.96% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Employee Health and Safety
|
$171,861 |
17%
|
|
Negotiating
|
$170,392 |
16%
|
|
Scope Management
|
$170,392 |
16%
|
|
Product Lifecycle Management
|
$167,455 |
14%
|
|
Competitive Environment
|
$165,986 |
13%
|
|
Information Security
|
$164,517 |
12%
|
Hardware R&D Engineering Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $164,435. While startup companies pay approximate $139,108.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $139,108 |
| Growth Stage | 51~500 | $147,123 |
| Established | 501~5000 | $158,791 |
| Enterprise | 5000+ | $164,435 |
For Hardware R&D Engineering Manager roles, the industry you choose can affect earning potential by as much as 38% (the gap between the highest and lowest paying industries). Data shows that the Internet and Aerospace & Defense sectors offer the strongest compensation, at 18% above the average. In contrast, Hardware R&D Engineering Manager positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Hardware R&D Engineering Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $173,330 | $83.0 | 18% |
| Aerospace & Defense | $164,517 | $79.0 | 12% |
| Energy & Utilities | $161,579 | $78.0 | 10% |
| Financial Services | $161,579 | $78.0 | 10% |
| Insurance | $158,641 | $76.0 | 8% |
Understanding how a Hardware R&D Engineering Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Hardware R&D Engineering Manager, the most direct path to higher earnings is advancing to the Hardware Design Engineering Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $173,000 - a projected growth of 18% over your current level.
Ready to take the next step in your career? Browse thousands of current Hardware R&D Engineering Manager job openings on our job board. Use the search bar below to find your perfect match.
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