1. What is the average salary of an SVP of Research & Development?
The average annual salary of SVP of Research & Development is $301,681.
In case you are finding an easy salary calculator,
the average hourly pay of SVP of Research & Development is $145;
the average weekly pay of SVP of Research & Development is $5,802;
the average monthly pay of SVP of Research & Development is $25,140.
2. Where can an SVP of Research & Development earn the most?
An SVP of Research & Development's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an SVP of Research & Development earns the most in San Jose, CA, where the annual salary of an SVP of Research & Development is $380,510.
3. What is the highest pay for SVP of Research & Development?
The highest pay for SVP of Research & Development is $376,448.
4. What is the lowest pay for SVP of Research & Development?
The lowest pay for SVP of Research & Development is $251,371.
5. What are the responsibilities of SVP of Research & Development?
Plans and directs all aspects of an organization's research and development policies, objectives, and initiatives. Maintains an organization's competitive position and profitability by formulating research and development programs, policies, and procedures. Investigates and identifies new technologies that align with organization development. May require a master's degree. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
6. What are the skills of SVP of Research & Development
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.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.)
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
3.)
Capital Market: Capital markets are financial markets that bring buyers and sellers together to trade stocks, bonds, currencies, and other financial assets. It allows traders to buy and sell stocks and bonds, and enable businesses to raise financial capital to grow.