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Product Development Coordinator Salary

For Product Development Coordinators, yearly average wages total $44K annually. Total cash compensation for Product Development Coordinators runs from $32K to $62K depending on bonuses that can occasionally exceed $5K and profit sharing that can reach almost $3K. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and more than half earn dental coverage. Men are in the minority of survey respondents, with female Product Development Coordinators making up 74 percent. Most Product Development Coordinators report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$32,826 - $62,178
(Median)
$33K
$44K
$62K
MEDIAN: $44,376
10%
50%
90%

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$12.34 - $23.66
(Median)
$12
$17
$24
MEDIAN: $17.00
10%
50%
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$21K$42K$63K
Salary
$32,826 - $62,178  
   
Bonus
$0.00 - $5,174  
Profit Sharing
$152.05 - $3,084  
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).
)
$31,852 - $61,976  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 304
National Hourly Rate 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$12$24$36
Hourly Rate
$12.34 - $23.66  
   
Overtime
$17.68 - $33.98  
National Annualized 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$24K$48K$72K
Bonus
$0.00 - $5,174  
   
Profit Sharing
$152.05 - $3,084  
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).
)
$31,852 - $61,976  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 91
United States (change)

Job Description for Product Development Coordinator

Product development coordinators are responsible for coordinating product development operations, overseeing initiatives, and facilitating development strategies on behalf of their organization. They are in charge of coordinating marketing and business elements to ensure that products enter the market successfully. These professionals coordinate cross-functional teams to ensure that all product requirements are met before shipping, as well as oversee and conduct financial analysis and marketing plans.

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Product Development Coordinator Tasks

  • Work in conjunction with multiple departments including engineering, production, sales and marketing to bring a product to the market.
  • Conducts research to develop new products to meet the needs of the customer.
  • Lead research and development projects for new products and product improvements within an organization.

Common Career Paths for Product Development Coordinator


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Product Development Coordinators might see a strong upturn in salary transition into upper-level roles like Product Development Manager. Median pay for a Product Development Manager is $80K per year.

Product Development Coordinator Job Listings

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Product Development Coordinators who responded to the survey indicated only a few skills that they use on the job. Project Management and Product Development are considered valuable skills and can increase employee pay. Experience with Product Development is often linked with knowledge of Project Management.

Pay by Experience Level for Product Development Coordinator

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


Product Development Coordinators generally obtain higher compensation for more plentiful past experience. Folks with fewer than five years of experience take home $41K on average, and those who have worked for five to 10 years see a bigger median salary of $46K. The average pay reported by folks with 10 to 20 years of experience is around $50K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $66K on average.

Product Development Coordinator Reviews

What is it like working as a Product Development Coordinator?

Product Development Coordinator in Houston:
"Creative Position With Busy work."
Pros: I am able to design apparel. Conduct trend research and negotiate with vendors on costing.
Cons: Data entry. SOP changes every 6 months. Extra work in the form of last minute requests.

Related Job Salaries

Experience Affects Product Development Coordinator Salaries

Late-Career
up arrow 52%

Experienced
up arrow 14%

Mid-Career
up arrow 6%

National Average
$44,000

Entry-Level
up arrow 5%

Skills That Affect Product Development Coordinator Salaries


Product Development
up arrow 1%

National Average
$44,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 98 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
7%
1-4 years
62%
5-9 years
20%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 69%
vision benefits Vision: 50% employee benefits None: 15%