Vice President of Research and Development Salary in Minneapolis, Minnesota

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Vice President of Research and Development Salary in Minneapolis, MN

How much does a Vice President of Research and Development make in Minneapolis, MN? The average Vice President of Research and Development salary in Minneapolis, MN is $358,436 as of April 24, 2024, but the range typically falls between $287,713 and $445,709. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Vice President of Research and Development Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Research and Development Salary $223,323 Minneapolis,MN April 24, 2024
25th Percentile Vice President of Research and Development Salary $287,713 Minneapolis,MN April 24, 2024
50th Percentile Vice President of Research and Development Salary $358,436 Minneapolis,MN April 24, 2024
75th Percentile Vice President of Research and Development Salary $445,709 Minneapolis,MN April 24, 2024
90th Percentile Vice President of Research and Development Salary $525,167 Minneapolis,MN April 24, 2024
25% $287,713 10% $223,323 90% $525,167 75% $445,709 $358,436 50%(Median) Didn’t find job title? Click
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Job Description

The Vice President of Research and Development maintains an organization's competitive position and profitability by formulating research and development programs, policies, and procedures. Plans and directs all aspects of an organization's research and development policies, objectives, and initiatives. Being a Vice President of Research and Development may require a master's degree. Investigates and identifies new technologies that align the organization development. In addition, Vice President of Research and Development typically reports to top management. The Vice President of Research and Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Job Openings for Vice President of Research and Development in Minneapolis, MN

Career Path for this job

  1. Down a level:

    Top Division R&D Executive


    Bachelor's Degree

  2. This Job:

    Vice President of Research and Development


    Master's Degree or MBA

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Understand the total compensation opportunity for a Vice President of Research and Development, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
287713
445709
358436

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
321659
666737
437738
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Research and Development in Minneapolis, MN. The base salary for Vice President of Research and Development ranges from $287,713 to $445,709 with the average base salary of $358,436. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $321,659 to $666,737 with the average total cash compensation of $437,738.
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287713
445709

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Vice President of Research and Development Salary in popular cities: Saint Paul, Rochester, Duluth

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Salary estimation for Vice President of Research and Development at companies like : National University of Health Sciences , Northern Baptist Theological Seminary, DaVita Dialysis Meherrin, Crenshaw Holdings LLC

Jobs with a similar salary range to Vice President of Research and Development : Vp Research

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