Vice President of Innovation Salary in the United States
Vice President of Innovation Salary
How much does a Vice President of Innovation make in the United States? The average Vice President of Innovation salary in the United States is $257,951 as of March 26, 2024, but the range typically falls between $222,752 and $301,913. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Vice President of Innovation Salary | $190,706 | US | March 26, 2024 |
| 25th Percentile Vice President of Innovation Salary | $222,752 | US | March 26, 2024 |
| 50th Percentile Vice President of Innovation Salary | $257,951 | US | March 26, 2024 |
| 75th Percentile Vice President of Innovation Salary | $301,913 | US | March 26, 2024 |
| 90th Percentile Vice President of Innovation Salary | $341,939 | US | March 26, 2024 |
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Job Description for Vice President of Innovation
Vice President of Innovation develops the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Articulates an innovation strategy and defines objectives and measures aligned with overall company goals that add value to stakeholders. Being a Vice President of Innovation champions innovation projects and oversees resources and budgets. Seeks out new opportunities with partners or alliances that support innovation efforts. Additionally, Vice President of Innovation collaborates with internal teams and promotes a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to top management. The Vice President of Innovation manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Vice President of Innovation typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Career Path for Vice President of Innovation
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Vice President of Innovation, the upper level is Senior Vice President of Innovation and then progresses to Chief Innovation Officer.
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Vice President of Innovation Pay Difference by Location
Vice President of Innovation salary varies from city to city. Compared with national average salary of Vice President of Innovation, the highest Vice President of Innovation salary is in San Francisco, CA, where the Vice President of Innovation salary is 25.0% above. The lowest Vice President of Innovation salary is in Miami, FL, where the Vice President of Innovation salary is 3.5% lower than national average salary.
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Innovation Director | Experience | EducationBachelors | Salary Compared to This Job |
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| Job Title Senior Vice President of Innovation | Experience | EducationBachelors | Salary Compared to This Job |
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Level of Education for Vice President of Innovation
Jobs with different levels of education may pay very differently. Check the Vice President of Innovation salary of your education level.
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Vice President of Innovation Salary by Global Country
Vice President of Innovation salary varies from country to country. There are several factors that mainly impact the Vice President of Innovation salary, including cost of living, economic conditions, market rates and legal differences. Click below to Vice President of Innovation salary of the other country.
Vice President of Innovation Salary by State
Geographic variations impact Vice President of Innovation salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
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Skills associated with Vice President of Innovation: Business Planning, Visioning, Data Analysis, General Data Analysis Software ...More
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