Director, Product Development Salary (United States)

Salaries for Product Development Directors in the United States lie in the neighborhood of $126,101 annually. Overall cash income ranges from $69,526 near the bottom to $157,093) near the top; it includes potential earnings of $31K from bonuses and $24K from profit sharing in exceptional cases. Location and years of experience each impact pay for this group, with the former having the largest influence. Most Product Development Directors report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
Director, Product Development Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$69,526 - $157,093
(Median)
70K
92K
120K
140K
160K
MEDIAN: $117,284
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$69,526 - $157,093  
   
Bonus
$1,985 - $30,536  
Profit Sharing
$1,226 - $23,826  
Commission
$-0.49 - $29,163  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$75,224 - $177,799  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 661
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Job Description for Director, Product Development

A director of product development has many responsibilities related to product development within their organization. Their main task is creating and then implementing a development strategy for their company. They are also responsible for the implementation of procedures related to product development. Directors of product development are also accountable for setting annual performance goals and conducting evaluations of the staff. In addition, they also need to develop and implement best practices for product designs. They train and guide subordinates within their staff and work well in a team setting.
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Director, Product Development Tasks
  • Ensure products are produced according to design, quality, and price specifications.
  • Supervise product development process, coordinating department objectives and schedules.
  • Review new product ideas, present them to management, and work with other departments to determine feasibility.
  • Conduct market research to determine consumer needs and identify competitors.

Common Career Paths for Director, Product Development

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For Product Development Directors, career progression may result in a slight increase in compensation. Usually, a Vice President (VP) of Product Development, an upper-level role, will earn an extra $25K annually than those further down the career ladder.

Director, Product Development Job Listings

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Popular Skills for Director, Product Development

Product Development Directors report using a pretty varied skill set on the job. Most notably, facility with Strategic Planning, Software Development, and Product Development are correlated to pay that is significantly above average, leading to increases of 26 percent, 13 percent, and 3 percent, respectively. Those listing Design as a skill should be prepared for drastically lower pay. Sourcing and People Management also typically command lower compensation. Most people experienced in Product Development also know Product Marketing.

Pay by Experience Level for Director, Product Development

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Product Development Directors with less experience do not necessarily bring home smaller paychecks. In fact, experience in this field tends to have little impact on salary. After five to 10 years, salaries go from $100K to beyond six figures at $116K. Pay amounts to $134K after 10 to 20 years. After two decades on the job, Product Development Directors see salary growth dwindle, averaging $138K. More than half of respondents report having between one and nine years of experience in this field.

Pay Difference By Location

Houston
up arrow 36%
San Jose
up arrow 35%
San Francisco
up arrow 28%
Chicago
up arrow 11%
San Diego
up arrow 10%
Austin
up arrow 6%
National Average
$126,000
Boston
up arrow 3%
Seattle
up arrow 5%
Los Angeles
up arrow 7%
Minneapolis
up arrow 11%
Cleveland
up arrow 15%
Atlanta
up arrow 28%
Larger circles over a city indicate a job is popular in that location.
Home to some of the best pay for Product Development Directors, Houston offers exceptional salaries, 36 percent above the national average. Those in search of high salaries should also consider checking out cities like San Jose, San Francisco, Chicago, and San Diego, top-paying markets where Product Development Directors rake in more than the national norm (+35 percent, +28 percent, +11 percent, and +10 percent). Product Development Directors' salaries are heavily influenced by location—Product Development Directors in Atlanta bring in salaries that are 28 percent lower than the national average. Workers in Cleveland and Minneapolis earn less than others in this profession; their -15 percent and -11 percent-salaries fall short of the national average.

Related Job Salaries

Experience Affects Director, Product Development Salaries

National Average
$126,000
Entry-Level
up arrow 21%

Skills That Affect Director, Product Development Salaries

Strategic Planning
up arrow 26%
Software Development
up arrow 13%
Product Development
up arrow 3%
Product Marketing
up arrow 1%
National Average
$126,000
Project Management
up arrow 3%
People Management
up arrow 15%
Sourcing
up arrow 20%
Design
up arrow 21%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 157 votes.

Gender

Female
31%
female alumni
 
Male
69%
male alumni

Years of Experience

1-4 years
6%
5-9 years
22%
10-19 years
49%
20 years or more
23%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 86%
vision benefits Vision: 67% employee benefits None: 5%
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