Average reported salaries for laboratory, R&D and technical managers at U.S. lubricant manufacturing companies are 6 percent higher than they were two years ago, according to new research from Lubes’n’Greases magazine. For the tech-savvy leader who can oversee a budget, manage a staff, juggle time and resources, communicate with other departments, create a steady flow of products, and be a steward for quality and the environment,, industry sources report that opportunities are quite strong.
The good news is that many R&D and laboratory chiefs are well rewarded in the lubricants industry. Such managers report making an average $114,000 a year, according to Lubes’n’Greases‘ 2008 Lubricants Industry Salary Survey. That’s right in line with the national average of $113,700 for all managers in the natural sciences area, per the U.S. Department of Labor. And it’s almost $7,000 more than respondents said they made in 2006, the last time the survey was conducted.