1. What is the average salary of a Research and Development Director?
The average annual salary of Research and Development Director is $233,666.
In case you are finding an easy salary calculator,
the average hourly pay of Research and Development Director is $112;
the average weekly pay of Research and Development Director is $4,494;
the average monthly pay of Research and Development Director is $19,472.
2. Where can a Research and Development Director earn the most?
A Research and Development Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Research and Development Director earns the most in San Jose, CA, where the annual salary of a Research and Development Director is $293,251.
3. What is the highest pay for Research and Development Director?
The highest pay for Research and Development Director is $291,136.
4. What is the lowest pay for Research and Development Director?
The lowest pay for Research and Development Director is $179,374.
5. What are the responsibilities of Research and Development Director?
Research and Development Director directs and implements an organization's research and development policies, objectives, and initiatives. Ensures research and development activities will maintain an organization's competitive position and profitability. Being a Research and Development Director consults with top management and research and development team and makes recommendations based on research findings and product performance. May require an advanced degree. Additionally, Research and Development Director typically reports to top management. The Research and Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Research and Development Director typically requires 5+ years of managerial experience.
6. What are the skills of Research and Development Director
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.)
Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
2.)
Research and Development: Research and development (R&D, R+D, or R'n'D), known in Europe as research and technological development (RTD), refers to innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation of new products.
3.)
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.