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As of August 01, 2026, the average salary for an Innovation Lead in Minnesota is $227,785 per year, which breaks down to an hourly rate of $110.
However, an Innovation Lead's salary can vary significantly. Here’s a look at the typical salary range:
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Innovation Lead Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $245,188 | $20,432 | $4,715 | $118 |
| Average | $227,785 | $18,982 | $4,380 | $110 |
| 25th Percentile | $210,594 | $17,550 | $4,050 | $101 |
RSM - Minneapolis, MN
OrthoVirginia, Inc. - Virginia, MN
General Mills - Minneapolis, MN
An Innovation Lead's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Innovation Lead's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Strategic... Level Innovation Lead | $139,995 |
| Strategic... Level Innovation Lead | $185,467 |
| Innovatio... Level Innovation Lead | $226,504 |
| Strategic... Level Innovation Lead | $285,624 |
| SVP of St... Level Innovation Lead | $320,434 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Innovation Leads. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Innovation Lead roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Pharmaceuticals sectors offer the strongest compensation, at 50% above the average. In contrast, Innovation Lead positions in Transportation or Telecom typically offer lower base pay, as these industries often view Innovation Lead as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $341,677 | $164.0 | 50% |
| Pharmaceuticals | $318,898 | $153.0 | 40% |
| Energy & Utilities | $296,120 | $142.0 | 30% |
| Internet | $284,731 | $137.0 | 25% |
| Construction | $273,341 | $131.0 | 20% |
Understanding how an Innovation Lead's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $245,188 | $20,432 | $4,715 | $118 |
| Average | $227,785 | $18,982 | $4,380 | $110 |
| 25th Percentile | $210,594 | $17,550 | $4,050 | $101 |
Ready to take the next step in your career? Browse thousands of current Innovation Lead job openings on our job board. Use the search bar below to find your perfect match.
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Minnesota Staffing
Minneapolis, MN
Minnesota Staffing | Minneapolis, MN
Senior Product ManagerThe pay range is $113,000.00 - $203,000.00.Pay is based on several factors which vary based on position.These include labor markets a... more
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Geodis
BRENTWOOD, TN
Geodis | BRENTWOOD, TN
Innovation Strategist – AI & Innovation Office The Innovation Strategist is responsible for identifying, evaluating, and driving innovative business and te... more
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UniFirst
WILMINGTON, MA
UniFirst | WILMINGTON, MA
Description: Join UniFirst Corporation as an Innovation Support Engineer. Are you ready to be part of a growing, forward-thinking, and dynamic Engineering ... more
6 Days Ago
Grifols
HIGHLAND BEACH, FL
Grifols | HIGHLAND BEACH, FL
Grifols is seeking an Innovation Strategy Manager to drive growth for ABC Healthcare’s Business Development & Strategic Planning team. In this role, you wi... more
9 Days Ago
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