Research & Development Manager (Technical)

$132,876 (BMD)/yr

$63.88 (BMD)/hr

$9,301 (BMD)/yr

The average research & development manager (technical) gross salary in Bermuda is $132,876 or an equivalent hourly rate of $64. In addition, they earn an average bonus of $9,301. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Bermuda. An entry level research & development manager (technical) (1-3 years of experience) earns an average salary of $92,298. On the other end, a senior level research & development manager (technical) (8+ years of experience) earns an average salary of $151,944.

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Salary Potential

$157,053 (BMD)

18 %

Based on our compensation data, the estimated salary potential for Research & Development Manager (Technical) will increase 18 % over 5 years.

Education

This chart displays the highest level of education for:
Research & Development Manager (Technical), the majority at 38% with bachelors.

Typical Field of Study: Research and Development Management

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Country Overview

Bermuda

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Bermuda is a British Overseas Territory in the North Atlantic Ocean. The closest land outside the territory is in the U.S. state of North Carolina, about 1,035 km (643 mi) to the west-northwest. Bermuda is an archipelago consisting of 181 islands, although the most significant islands are connected by bridges and appear to form one landmass. It has a land area of 54 square kilometres (21 sq mi). Bermuda has a tropical climate, with warm winters and hot summers. Its climate also exhibits oceanic

Sourced from Wikipedia
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This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Manages, coordinates, and provides strategic planning of activities concerned with research and development of new or improved concepts, ideas, basic data on, and applications for organization's products, services, or ideologies including engineering research and development programs. Oversees the research, identification, evaluation, and initial development of new products or services. Plans and formulates aspects of research and development proposals, such as... objective or purpose of projects, applications that can be utilized from findings, cost of projects, and equipment and manpower requirements.Read More
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