How much does a R & D Director make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for a R & D Director at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $83 as of March 26, 2024, but the range typically falls between $73 and $94. Hourly rate 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. View the Cost of Living in Major Cities
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The R & D Director ensures research and development activities will maintain an organization's competitive position and profitability. Directs and implements an organization's research and development policies, objectives, and initiatives. Being a R & D Director may require an advanced degree. Consults with top management and research and development team and makes recommendations based on research findings and product performance. In addition, R & D Director typically reports to top management. The R & D 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. Working as a R & D Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
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Core compensation
Includes base and short-term incentives
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