How much does an Innovation Manager make in the United States? The average Innovation Manager salary in the United States is $147,001 as of March 26, 2024, but the range typically falls between $129,562 and $170,352. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Innovation Manager Salary | $113,685 | US | March 26, 2024 |
25th Percentile Innovation Manager Salary | $129,562 | US | March 26, 2024 |
50th Percentile Innovation Manager Salary | $147,001 | US | March 26, 2024 |
75th Percentile Innovation Manager Salary | $170,352 | US | March 26, 2024 |
90th Percentile Innovation Manager Salary | $191,612 | US | March 26, 2024 |
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Innovation Manager advances 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. Embraces an innovation strategy to define objectives and measures aligned with overall company goals that add value to stakeholders. Being an Innovation Manager implements innovation projects and oversees resources and budgets. Works with partners or alliances on initiatives that support innovation. Additionally, Innovation Manager collaborates with internal teams and provides training resources to promote 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 a director. The Innovation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Innovation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description
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For Innovation Manager, the upper level is Innovation Senior Manager and then progresses to Innovation Director.
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Innovation Manager salary varies from city to city. Compared with national average salary of Innovation Manager, the highest Innovation Manager salary is in San Francisco, CA, where the Innovation Manager salary is 25.0% above. The lowest Innovation Manager salary is in Miami, FL, where the Innovation Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Innovation Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Innovation Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Innovation Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Innovation Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Master Data Management Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Innovation Manager salary of your education level.
Innovation Manager salary varies from country to country. There are several factors that mainly impact the Innovation Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Innovation Manager salary of the other country.
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Skills associated with Innovation Manager: Business Acumen, Concept Development, Data Analysis, Design Thinking ...More
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