Director, Product Development Salary

Salaries for Directors of Product Development in the United States are generous, with average pay above six figures ($119K) per year. Overall cash earnings for Directors of Product Development stretch from $77K on the lower end to $177K near the top, and the heftiest packages can encompass around $31K from bonuses and $24K from profit sharing. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Job satisfaction for Directors of Product Development is high. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to the larger part. Men make up the majority of Directors of Product Development (68 percent) survey respondents. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$73,814 - $156,696
MEDIAN: $119,261

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$73,814 - $156,696  
$1,992 - $30,568  
Profit Sharing
$2,061 - $24,264  
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).
$77,008 - $177,022  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 852
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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.


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

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Directors of Product Development may enjoy increased earnings if they become VPs of Product Development. This seems to be a popular career move, and VP of Product Development earn a slightly higher median of $152K annually.

Product Development Director Job Listings

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Popular Skills for

Directors of Product Development seem to require a number of specific skills. Most notably, facility with Strategic Planning, Leadership, and Software Development are correlated to pay that is significantly above average, leading to increases of 24 percent, 23 percent, and 10 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Design, Sourcing, and Project Management. The majority of those who know Product Development also know Product Marketing.

Pay by Experience Level for

Median of all compensation (including tips, bonus, and overtime) by years of experience.

For many Directors of Product Development, extensive experience does not lead to significantly more money. Respondents with less than five years' experience take home $100K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $118K. For Directors of Product Development, 10 to 20 years of experience on the job amounts to an average salary of $134K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $136K.

Pay Difference by Location

San Jose offers some of the highest pay in the country for Directors of Product Development, 36 percent above the national average. Directors of Product Development will also find cushy salaries in San Francisco (+28 percent), Dallas (+17 percent), San Diego (+9 percent), and Chicago (+9 percent). Those in the field find the lowest salaries in Los Angeles, 9 percent below the national average. A couple other locations with smaller-than-average paychecks include Denver (5 percent lower) and Minneapolis (3 percent lower).

Related Job Salaries

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Experience Affects Salaries

National Average

Skills That Affect Salaries

Strategic Planning
up arrow 24%

up arrow 23%

Software Development
up arrow 10%

Product Development
up arrow 3%

People Management
up arrow 1%

National Average

Product Marketing
up arrow 3%

Project Management
up arrow 4%

up arrow 10%

up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 158 votes.


32 %
68 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 86%
vision benefits Vision: 68% employee benefits None: 4%