How much does a Research and Development Director make hourly at companies like PayPal Holdings, Inc. in the United States? The average hourly wage for a Research and Development Director at companies like PayPal Holdings, Inc. in the United States is $172 as of March 26, 2024, but the range typically falls between $151 and $195. 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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Research and Development Director directs and implements an organization's research and development policies, objectives, and initiatives. Ensures research and development activities will maintain an organization's competitive position and profitability. Being a Research and Development Director consults with top management and research and development team and makes recommendations based on research findings and product performance. May require an advanced degree. Additionally, Research and Development Director typically reports to top management. The Research and Development 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. To be a Research and Development 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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