How Much Does an Innovation Engineering Manager make?

Innovation Engineering Manager made a median salary around $150,269 in December, 2024. The best-paid 25 percent made $166,035 probably that year, while the lowest-paid 25 percent made around $135,679. 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.
25% $135,679 10% $122,395 90% $180,389 75% $166,035 $150,269 50%(Median)
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Best-Paying Cities for Innovation Engineering Manager

The metropolitan areas that pay the highest salary in the Innovation Engineering Manager profession are Rexford , Saint Regis , Saltese , Stryker , Superior .
Rexford, MT $157,099
Saint Regis, MT $157,099
Saltese, MT $157,099
Stryker, MT $157,099
Superior, MT $157,099

Best-Paying States for Innovation Engineering Manager

The states and districts that pay Innovation Engineering Manager the highest salary are District of Columbia (around $172,778) , California (around $171,226) , New Jersey (around $170,139) , Alaska (around $169,053) , and Massachusetts (around $168,897) .
District of Columbia $172,778
California $171,226
New Jersey $170,139
Alaska $169,053
Massachusetts $168,897

What is the Career Path of Innovation Engineering Manager?

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 Innovation Engineering Manager, the first career path typically starts with an Aeronautical Engineering Senior Manager position , and then progresses to Aeronautical Engineering Director.

The second career path typically progresses to Aerospace Engineering Senior Manager.

Additionally, the third career path typically starts with an Engineering Manager, Sr. position , and then progresses to Engineering Director.

Besides, Innovation Engineering Manager can also turn to other related jobs, including Innovation Manager , Innovation Senior Manager , Manager of Innovation and Strategy and Product Manager, Innovation .

Frequently Asked Questions for Innovation Engineering Manager

Q: What is the salary range of Innovation Engineering Manager in Billings, MT?
A: In 2024 , the lowest-paid Innovation Engineering Manager in Billings, MT earned an average annual salary of $135,679 , while the highest-paid made $166,035.
Q: What is the salary for an Innovation Engineering Manager in California?
A: Innovation Engineering Manager employed in California earned an average salary of $171,226 in 2024.

Average Innovation Engineering Manager Pay vs. Other Jobs

Innovation Engineering Manager earned an average salary of $150,269 in 2024. Other jobs related to Innovation Engineering Manager earned the following average salary in December, 2024. Innovation Manager made $145,356 , Innovation Senior Manager made $178,181 , Manager of Innovation and Strategy and Product Manager, Innovation made $145,400 and $146,687 respectively .

Relevant Jobs of Innovation Engineering Manager

Innovation Manager - Average Salary $145,356
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.
Innovation Senior Manager - Average Salary $178,181
Innovation Senior 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 Senior Manager implements innovation projects and oversees resources and budgets. Works with partners or alliances on initiatives that support innovation. Additionally, Innovation Senior 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 Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Innovation Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Manager of Innovation and Strategy - Average Salary $145,400
The Manager of Innovation and Strategy embraces an innovation strategy to define objectives and measures aligned with overall company goals that add value to stakeholders. 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. Being a Manager of Innovation and Strategy works with partners or alliances on initiatives that support innovation. Implements innovation projects and oversees resources and budgets. In addition, Manager of Innovation and Strategy 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 Manager of Innovation and Strategy 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. Working as a Manager of Innovation and Strategy 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.
Product Manager, Innovation - Average Salary $146,687
There is currently no job description for Product Manager, Innovation, be the first to submit the job responsibilities for Product Manager, Innovation.
Innovation Brand Manager - Average Salary $139,723
There is currently no job description for Innovation Brand Manager, be the first to submit the job responsibilities for Innovation Brand Manager.