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Director Of Innovation salary in Lithuania

Average Yearly Salary of Director Of Innovation in Lithuania is approximately 57,920 EUR (58,096 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?

occupation personasThe 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


How much does Director Of Innovation make?

Salary details
How much does Director Of Innovation make?
Estimated Yearly Salary: 57,920 EUR
Estimated Monthly Salary: 4,827 EUR
Estimated Weekly Salary: 1,114 EUR per week
Estimated Hourly Salary: 28 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 56,034 EUR
Estimated Monthly Salary: 4,670 EUR
Estimated Weekly Salary: 1,078 EUR per week
Estimated Hourly Salary: 27 EUR per hour
Last revision of data: 2024-01-08



Director Of Innovation estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 58,096 USD
Estimated Monthly Salary: 4,841 USD
Estimated Weekly Salary: 1,117 USD per week
Estimated Hourly Salary: 28 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Lithuania is a country located in the Baltic region of Europe. It has a population of approximately 2.8 million people and covers an area of around 65,300 square kilometers. The capital and largest city of Lithuania is Vilnius.

Estimated national average yearly salary is 21,558 EUR (23,690 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Innovation job salary compared to average salary in Lithuania.
Comparison shows that a person working as Director Of Innovation in Lithuania earns on average:
2.69 times the average salary (or 269% 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 63,712 EUR and 83,984 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Innovation in Lithuania?

Living in Lithuania the approximate monthly expenses are: 948 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: 57,920 EUR
Estimated Monthly Salary: 4,827 EUR
Estimated Weekly Salary: 1,114 EUR per week
Estimated Hourly Salary: 28 EUR per hour
By working as Director Of Innovation a person can save up to 3,894 USD per month or 46,725 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 Lithuania, see costs of living in Lithuania.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Belarus, Latvia, Poland, Russia..
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

Latvia is 52,677 USDdown arrow 9%
Details on Director Of Innovation salary in Latvia
Poland is 44,773 USDdown arrow 23%
Details on Director Of Innovation salary in Poland
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Lithuania

(247,503 EUR per year, pre-tax.)
(205,518 EUR per year, pre-tax.)
(199,586 EUR per year, pre-tax.)
(192,323 EUR per year, pre-tax.)
(191,957 EUR per year, pre-tax.)
(188,472 EUR per year, pre-tax.)
(188,248 EUR per year, pre-tax.)
(188,104 EUR per year, pre-tax.)
(187,835 EUR per year, pre-tax.)
(187,812 EUR per year, pre-tax.)

Data as of 2025

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This website presents salary insights for educational purposes only.
The salary figures presented here are meant for reference purposes only. While we attempt to ensure accuracy, we do not guarantee every estimate is flawless. Users are advised to research salary details with independent sources before making important financial choices. Salary ranges may fluctuate due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the salary data displayed.
The salary data on this site is intended for informational purposes only. We offer salary insights based on multiple sources, but cannot guarantee complete accuracy. Users should always verify salary details with other trusted sources before making career-related decisions. Variations in salary figures may occur due to various factors, including location, experience, and industry. We do not extend any warranty regarding the entirety of the displayed salary data. Use of this website implies acceptance of these conditions.