Vice President, Product Development Salary at Vex Robotics Inc BETA

How much does a Vex Robotics Inc Vice President, Product Development make?

As of April 2025, the average annual salary for a Vice President, Product Development at Vex Robotics Inc is $243,185, which translates to approximately $117 per hour. Salaries for Vice President, Product Development at Vex Robotics Inc typically range from $212,721 to $291,785, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

VEX Robotics Inc Overview

Website:
vexrobotics.com
Size:
25 - 50 Employees
Revenue:
$5M - $10M
Industry:
Edu., Gov't. & Nonprofit

VEX Robotics is now a leading provider of educational and competitive robotics products to schools, universities and robotics teams around the world. Our VEX IQ and VEX EDR product lines span all levels of education with accessible, scalable, and affordable robotics solutions. Beyond science and engineering principles, a VEX Robotics project encourages creativity, teamwork, leadership and problem solving among groups. It allows educators to easily customize customise projects to meet the level of students' abilities as they inspire & prepare the STEM problem solvers of tomorrow. Tony and Bob remain actively involved with the company they founded. We rely on their visionary leadership as VEX continues to expand. Each actively works to cultivate and safeguard the unique culture that makes us who we are. VEX's impact would not be possible without their continued guidance. In 2016, the VEX Robotics World Championship was officially recognized by Guinness World Records® as the World's Largest Robotics Competition. From left to right: Bob Mimlitch, Tony Norman, Paul Copioli (Former President, VEX Robotics), Jason Morrella (Former President, REC Foundation), and Michael Empric (adjudicator, Guinness World Records®). In 2016, the VEX Robotics World Championship was officially recognized by Guinness World Records® as the World's Largest Robotics Competition. Tony and Bob remain actively involved with the company they founded. We rely on their visionary leadership as VEX continues to expand. Each actively works to cultivate and safeguard the unique culture that makes us who we are. VEX's impact would not be possible without their continued guidance.

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What Skills Does a person Need at Vex Robotics Inc?

At Vex Robotics Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
  2. Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

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Check more jobs information at Vex Robotics Inc

Job Title Average Vex Robotics Inc Salary Hourly Rate
2 3D Technical Artist $76,679 $37
3 Customer Service Manager $79,934 $38
4 Financial Analyst $52,800 $25
5 Marketing Coordinator $68,091 $33
6 Mechanical Engineer $90,410 $43
7 Project Manager $92,484 $44
8 Robotics Engineer $97,835 $47
9 Account Executive $61,211 $29
10 Electrical Engineer $63,498 $31
11 Senior Mechanical Engineer $90,410 $43
12 Software Engineer $98,688 $47
13 Creative Director $117,880 $57

Hourly Pay at Vex Robotics Inc

The average hourly pay at Vex Robotics Inc for a Vice President, Product Development is $117 per hour. The location, department, and job description all have an impact on the typical compensation for Vex Robotics Inc positions. The pay range and total remuneration for the job title are shown in the table below. Vex Robotics Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $243,185 look to you?

FAQ about Salary and Jobs at Vex Robotics Inc

1. How much does Vex Robotics Inc pay per hour?
The average hourly pay is $117. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Vex Robotics Inc?
According to the data, the highest approximate salary is about $291,785 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Vex Robotics Inc?
According to the data, the lowest estimated salary is about $212,721 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.