Director, Product Development Salary (United States)

Product Development Directors in the United States typically take home $126,101 annually. Geography is the biggest factor affecting pay for this group, followed by career duration. Almost all employees report receiving medical coverage from their employers and a solid majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Product Development Directors. This report is based on answers to PayScale's salary questionnaire.
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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As Product Development Directors make advancements in their career path, salaries may climb. Typically, those in less important roles may make $25K less annually than those in higher-end positions, such as Vice President (VP) of Product Development.

Director, Product Development Job Listings

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Popular Skills for Director, Product Development

Overall, survey participants reported applying a fair number of skills to their work. 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. 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.
For many Product Development Directors, experience and pay seem to be weakly connected; experience does not necessarily lead to more money. Starting salaries hover around $100K but quickly overtake six figures to $116K after five to 10 years. Those with one to two decades of experience under their belt tend to see salaries around $134K. After two decades on the job, Product Development Directors see salary growth dwindle, averaging $138K. More than half of the workforce has between one and nine years of experience.

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.
For Product Development Directors, Houston provides a pay rate that is 36 percent greater than the national average. Other big spenders include San Jose, San Francisco, Chicago, and San Diego, top-paying cities where Product Development Directors see paychecks higher than average (+35 percent, +28 percent, +11 percent, and +10 percent). Product Development Directors in Atlanta make 28 percent less than the national average, proving that location is a major factor in pay. Not at the bottom but still paying below the median are employers in Cleveland and Minneapolis (-15 percent and -11 percent, respectively).

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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