How much does a Vice President of Innovation make in Heyworth, IL? The average Vice President of Innovation salary in Heyworth, IL is $248,045 as of April 24, 2024, but the range typically falls between $214,198 and $290,319. 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. 

Vice President of Innovation Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Innovation Salary $183,382 Heyworth,IL April 24, 2024
25th Percentile Vice President of Innovation Salary $214,198 Heyworth,IL April 24, 2024
50th Percentile Vice President of Innovation Salary $248,045 Heyworth,IL April 24, 2024
75th Percentile Vice President of Innovation Salary $290,319 Heyworth,IL April 24, 2024
90th Percentile Vice President of Innovation Salary $328,807 Heyworth,IL April 24, 2024
25% $214,198 10% $183,382 90% $328,807 75% $290,319 $248,045 50%(Median) Didn’t find job title? Click
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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.

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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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.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

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214198
290319
248045

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
244106
373938
298220
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Innovation in Heyworth, IL. The base salary for Vice President of Innovation ranges from $214,198 to $290,319 with the average base salary of $248,045. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $244,106 to $373,938 with the average total cash compensation of $298,220.
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214198
290319

 

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About Heyworth, Illinois    Heyworth is a village in McLean County, Illinois, United States. It was founded in 1858. As of 2010, Heyworth has a population of 2,841. It is part ....More

Heyworth, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Heyworth, Illinois

Vice President of Innovation Salary in popular cities: ChicagoAuroraRockford

Skills associated with Vice President of Innovation: Product Research, Concept Development, Strategy Development, Stakeholder Management ...More

Jobs with a similar salary range to Vice President of Innovation : Vp Innovation