Home > Salary > Ecuador > Director Of Innovation
The Director of Innovation is responsible for leading and driving innovation initiatives within an organization. This role involves overseeing the development and implementation of innovative strategies, processes, and technologies to enhance business performance and competitiveness. The Director of Innovation collaborates with various departments to identify opportunities for innovation, conducts market research to stay updated on industry trends, and evaluates new ideas and concepts for feasibility and potential impact. They also manage a team of professionals and facilitate cross-functional collaboration to foster a culture of innovation. Additionally, the Director of Innovation may work closely with external partners, such as startups or research institutions, to leverage external expertise and resources. This position requires strong leadership, strategic thinking, problem-solving skills, and a deep understanding of emerging technologies and market dynamics.
Estimated Yearly Salary: 435,239,918 ECS
Estimated Monthly Salary: 36,269,993 ECS
Estimated Weekly Salary: 8,369,998 ECS per week
Estimated Hourly Salary: 209,250 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 35,162,056 ECS
Estimated Weekly Salary: 8,114,321 ECS per week
Estimated Hourly Salary: 202,858 ECS per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 15,501 USD
Estimated Monthly Salary: 1,292 USD
Estimated Weekly Salary: 298 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 435,239,918 ECS
Estimated Monthly Salary: 36,269,993 ECS
Estimated Weekly Salary: 8,369,998 ECS per week
Estimated Hourly Salary: 209,250 ECS per hour
By working as Director Of Innovation a person can save up to 1,039 USD per month or 12,472 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Director Of Innovation
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Innovation salary in Ecuador
Average Yearly Salary of Director Of Innovation in Ecuador is approximately 435,239,918 ECS (15,501 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Director Of Innovation do?
The Director of Innovation is responsible for leading and driving innovation initiatives within an organization. This role involves overseeing the development and implementation of innovative strategies, processes, and technologies to enhance business performance and competitiveness. The Director of Innovation collaborates with various departments to identify opportunities for innovation, conducts market research to stay updated on industry trends, and evaluates new ideas and concepts for feasibility and potential impact. They also manage a team of professionals and facilitate cross-functional collaboration to foster a culture of innovation. Additionally, the Director of Innovation may work closely with external partners, such as startups or research institutions, to leverage external expertise and resources. This position requires strong leadership, strategic thinking, problem-solving skills, and a deep understanding of emerging technologies and market dynamics.
Skills: Director of Innovation, Innovation management, Strategic leadership, Technology trends, Cross-functional collaboration, Market research
Job industry: Technology
Job industry: Technology
How much does Director Of Innovation make?
Salary details
How much does Director Of Innovation make?Estimated Yearly Salary: 435,239,918 ECS
Estimated Monthly Salary: 36,269,993 ECS
Estimated Weekly Salary: 8,369,998 ECS per week
Estimated Hourly Salary: 209,250 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 421,944,675 ECSEstimated Monthly Salary: 35,162,056 ECS
Estimated Weekly Salary: 8,114,321 ECS per week
Estimated Hourly Salary: 202,858 ECS per hour
Last revision of data: 2024-01-07Director Of Innovation estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,501 USD
Estimated Monthly Salary: 1,292 USD
Estimated Weekly Salary: 298 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Innovation job salary compared to average salary in Ecuador.
Comparison shows that a person working as Director Of Innovation in Ecuador earns on average:
2.66 times the average salary (or 266% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Innovation job salary compared to average salary in Ecuador.
Comparison shows that a person working as Director Of Innovation in Ecuador earns on average:
2.66 times the average salary (or 266% of average salary).
Is Director Of Innovation a well paid job?
Yes, our data show that Director Of Innovation is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Director Of Innovation?
High salary for Director Of Innovation would be somewhere between 478,763,910 ECS and 631,097,881 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Innovation in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 435,239,918 ECS
Estimated Monthly Salary: 36,269,993 ECS
Estimated Weekly Salary: 8,369,998 ECS per week
Estimated Hourly Salary: 209,250 ECS per hour
By working as Director Of Innovation a person can save up to 1,039 USD per month or 12,472 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Of Innovation
Colombia is 15,878 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Developmental therapist (142,394,130 ECS per year, pre-tax.)
Ux intern (79,548,146 ECS per year, pre-tax.)
Case manager social services (138,047,293 ECS per year, pre-tax.)
Buyer non-technical products (153,624,614 ECS per year, pre-tax.)
Senior staff accountant (186,564,841 ECS per year, pre-tax.)
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