Academic journal article Research-Technology Management

R&D Employees Earn from $16,640 to over $200,000. (Perspectives)

Academic journal article Research-Technology Management

R&D Employees Earn from $16,640 to over $200,000. (Perspectives)

Article excerpt

The median R&D director in the United States earned $96,600 in 2001, according to the consulting firm of Abbott, Langer & Associates, in Crete, Illinois. That compares with the $96,000 reported for the median director in 1998.

However, the highest-paid director made over $400,000 in 1998, only to have it trimmed to $200,000+ in 2001, reports the latest edition of Abbott, Langer's annual survey report, Compensation in Research & Development.

In 1992, the median annual income for the surveyed R&D directors was $95,000, with the highest-paid director receiving $150,000+.

Abbott, Langer calculates that the composite R&D practitioner with the highest annual income (salary plus cash bonus and/or cash profit sharing) is an R&D director located in or near the San Fernando Valley (CA), Hartford, Houston, Rochester, Oakland/East Bay, Nashville, Tulsa, Chicago, Indianapolis, or Phoenix, or outside the metropolitan areas studied in Colorado.

This composite individual typically holds a doctorate; works in physics (excluding biophysics), metallurgy, mathematics/statistics, or chemical, software, electrical/electronics (excluding computers), optical, or ceramic engineering, and has had 20 or more years of experience. …

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