Directors of Product Development in the United States see excellent average salaries — about $120K annually. Total cash compensation for Directors of Product Development runs from $79K to $172K depending on bonuses that can occasionally exceed $30K and profit sharing that can reach almost $25K. Geography and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Directors of Product Development. The majority of Directors of Product Development (66 percent) who took the survey are men. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to more than half. This report is based on answers to PayScale's salary questionnaire.

$77,823 - $153,256
(Median)
$78K
$120K
$150K
MEDIAN: $119,527
10%
50%
90%

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$20.00 - $50.00
(Median)
$
$25
$
MEDIAN: $25.00
50%

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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.
)
$0$60K$120K$180K
Salary
$77,823 - $153,256  
   
Bonus
$1,034 - $30,396  
Profit Sharing
$3,078 - $25,342  
Commission
$9,000  
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).
)
$78,508 - $171,569  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 450
National Hourly Rate 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.
)
$0$30$60$90
Hourly Rate
$25.00  
   
Overtime
$30.00  
National Annualized 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.
)
$0$60K$120K$180K
Bonus
$1,034 - $30,396  
   
Commission
$9,000  
Profit Sharing
$3,078 - $25,342  
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).
)
$78,508 - $171,569  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 5
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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 Directors of Product Development, advancing into a VP of Product Development role, for which the median salary is $151K, is not common but it does happen.

Product Development Director Job Listings

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Popular Skills for Director, Product Development


Survey participants wield an impressively varied skill set on the job. Most notably, facility with Leadership, Agile Software Development, and Engineering Design are correlated to pay that is significantly above average, leading to increases of 24 percent, 22 percent, and 18 percent, respectively. Skills that seem to negatively impact pay include Sourcing, Product Marketing, and Project Management. Those familiar with Product Development also tend to know Product Marketing.

Pay by Experience Level for Director, Product Development

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


The average worker who claims fewer than five years of experience earns around $98K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $119K. Directors of Product Development bring in $135K after working for 10 to 20 years. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $133K.

Pay Difference by Location

National Average: $126,718

Larger city markers indicate a job is popular in that location.

For Directors of Product Development, busy San Jose offers a higher-than-average pay rate, 38 percent above the national average. Directors of Product Development will also find cushy salaries in Houston (+36 percent), San Francisco (+17 percent), Chicago (+16 percent), and Washington (+8 percent). Directors of Product Development' salaries are heavily influenced by location — Directors of Product Development in Dallas bring in salaries that are 22 percent lower than the national average. Employers pay around 9 percent less in Philadelphia and 1 percent less in San Diego, below-median salaries for those in this field.

Related Job Salaries

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Experience Affects Director, Product Development Salaries



National Average
$127,000



Skills That Affect Director, Product Development Salaries

Leadership
up arrow 24%

Agile Software Development
up arrow 22%

Strategic Planning
up arrow 18%

Engineering Design
up arrow 18%

Software Development
up arrow 11%



Product Development
up arrow 4%

National Average
$127,000

Design
up arrow 2%

Project Management
up arrow 3%


Sourcing
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
9%
5-9 years
16%
10-19 years
47%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 85%
medical benefits
Vision: 69%
dental benefits
None: 6%
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