The salary of a Vice President of Innovation in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for a Vice President of Innovation in the United States is $239,496. Salary.com reports that pay typically ranges from $217,863 to $270,324, with most professionals earning between $198,167 and $298,391.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $270,324 | $22,527 | $5,199 | $130 |
| Average | $239,496 | $19,958 | $4,606 | $115 |
| 25th Percentile | $217,863 | $18,155 | $4,190 | $105 |
An entry-level Vice President of Innovation with less than 1 year of experience earns about $226,258. With 1-2 years of experience, the average salary increases to $228,195. For 2-4 years of experience, the pay typically rises to $230,778. Senior-level professionals with 5-8 years of experience earn around $234,653, and those with over 8 years of experience can expect an average of $239,496.
| Levels | Salary |
|---|---|
| Entry Level Vice President of Innovation | $226,258 |
| Intermediate Level Vice President of Innovation | $228,195 |
| Senior Level Vice President of Innovation | $230,778 |
| Specialist Level Vice President of Innovation | $234,653 |
| Expert Level Vice President of Innovation | $239,496 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Vice President of Innovation compensation over the past six years. For example, the median salary increased from $228,391 in 2023 to approximately $226,247 in 2024. (For a detailed analysis of Vice President of Innovation salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Vice President of Innovation information for you to search for. Click on search button below to see Vice President of Innovation job openings or enter a new job title here.
Here are companies hiring for Vice President of Innovation and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $239,496 | 75.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,926 | 4.4% | ||
| 401K/403B | $10,059 | 3.2% | ||
| Disability | $4,790 | 1.5% | ||
| Healthcare | $8,352 | 2.6% | ||
| Pension | $12,933 | 4.1% | ||
| Time Off | $29,476 | 9.2% | ||
| Total Compensation | $319,032 | 100% | ||
The average annual salary of Vice President of Innovation is $239,496. In case you are finding an easy salary calculator, the average hourly pay of Vice President of Innovation is $115; the average weekly pay of Vice President of Innovation is $4,606; the average monthly pay of Vice President of Innovation is $19,958.
A Vice President of Innovation'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 Vice President of Innovation earns the most in San Jose, CA, where the annual salary of a Vice President of Innovation is $302,076.
The highest pay for Vice President of Innovation is $298,391.
The lowest pay for Vice President of Innovation is $198,167.
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. Champions innovation projects and oversees resources and budgets. Seeks out new opportunities with partners or alliances that support innovation efforts. 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. 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. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
