As of May 18, 2021, the average salary for a Division VP of Engineering in New Mexico is $216,900 per year, which breaks down to an hourly rate of $104.
However, a Division VP of Engineering's salary can vary significantly. Here’s a look at the typical salary range:
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Division VP of Engineering Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $231,400 | $19,283 | $4,450 | $111 |
| Average | $216,900 | $18,075 | $4,171 | $104 |
| 25th Percentile | $206,000 | $17,167 | $3,962 | $99 |
City of Rio Rancho, NM - Rio Rancho, NM
Jobot - Albuquerque, NM
Comcast Corporation - PHILADELPHIA, PA
Comcast Corporation - PHILADELPHIA, PA
A Division VP of Engineering's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Division VP of Engineering's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| General Engineering Senior Manager | 5+ years | $165,813 |
| Engineering Director | 5+ years | $185,245 |
| Division VP of Engineering | 5+ years | $216,840 |
| SVP of Engineering | 5+ years | $272,119 |
| Chief Engineering Officer | 5+ years | $341,577 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Division VP of Engineerings. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how a Division VP of Engineering's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $231,400 | $19,283 | $4,450 | $111 |
| Average | $216,900 | $18,075 | $4,171 | $104 |
| 25th Percentile | $206,000 | $17,167 | $3,962 | $99 |
For a Division VP of Engineering, the most direct path to higher earnings is advancing to the Senior Vice President of Engineering role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $272,133 - a projected growth of 25% over your current level.
Ready to take the next step in your career? Browse thousands of current Division VP of Engineering job openings on our job board. Use the search bar below to find your perfect match.
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