As of February 01, 2025, the average annual salary for a SVP of Innovation and Strategy in Newark, NJ is $354,200. Salary.com reports that pay typically ranges from $302,800 to $425,400, with most professionals earning between $256,003 and $490,224.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $425,400 | $35,450 | $8,181 | $205 |
| Average | $354,200 | $29,517 | $6,812 | $170 |
| 25th Percentile | $302,800 | $25,233 | $5,823 | $146 |
An entry-level SVP of Innovation and Strategy with under 1 year experience makes about $314,401. With less than 2 years of experience, a mid-level SVP of Innovation and Strategy makes around $318,712. After 2-4 years, the SVP of Innovation and Strategy pay rises to about $324,460. Those senior SVP of Innovation and Strategy with 5-8 years of experience earn roughly $333,082, and those SVP of Innovation and Strategy having 8 years or more experience are expected to earn about $343,859 on average.
| Levels | Salary |
|---|---|
| Entry Level SVP of Innovation and Strategy | $314,401 |
| Intermediate Level SVP of Innovation and Strategy | $318,712 |
| Senior Level SVP of Innovation and Strategy | $324,460 |
| Specialist Level SVP of Innovation and Strategy | $333,082 |
| Expert Level SVP of Innovation and Strategy | $343,859 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 8% |
| Top Level | 6% |
| Experienced | 3% |
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