1. What is the average salary of a Research and Development Manager?
The average annual salary of Research and Development Manager is $157,884.
In case you are finding an easy salary calculator,
the average hourly pay of Research and Development Manager is $76;
the average weekly pay of Research and Development Manager is $3,036;
the average monthly pay of Research and Development Manager is $13,157.
2. Where can a Research and Development Manager earn the most?
A Research and Development Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Research and Development Manager is $198,144.
3. What is the highest pay for Research and Development Manager?
The highest pay for Research and Development Manager is $190,592.
4. What is the lowest pay for Research and Development Manager?
The lowest pay for Research and Development Manager is $127,691.
5. What are the responsibilities of Research and Development Manager?
Research and Development Manager manages and directs the research and development programs to meet organizational needs and to capitalize on potential new products. Develops and implements research and development procedures and techniques. Being a Research and Development Manager oversees complex research projects, analyzes results and provides recommendations based on findings. Assesses the scope of research projects and ensures they are on time and within budget. Additionally, Research and Development Manager may require an advanced degree. Typically reports to a head of unit/director. The Research and Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Research and Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
6. What are the skills of Research and Development Manager
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.
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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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.
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PowerPoint: A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.