Product Development Director Salary

The average pay for a Product Development Director is $103,888 per year. Experience has a moderate effect on salary for this job.

$68,896 - $148,677
$69K
$100K
$150K
MEDIAN: $103,888
10%
50%
90%

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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
$68,896 - $148,677  
   
Bonus
$2,004 - $29,361  
Profit Sharing
$1,987 - $39,149  
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).
)
$68,626 - $160,495  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 234

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United States (change)

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Job Description for Product Development Director

Product development directors oversee the development and delivery of products on behalf of their company. They are responsible for managing the idea generation, planning, design, development, and implementation of products. Product development directors support life cycle and launch activities for products developed within the organization, and they use a personal computer as one of their main tools to keep track of product development, communicate with partners, and modify reports. Additionally, product development directors ensure their team complies with safety procedures, create effective budget, and schedule project milestones.

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Product Development Director Tasks

  • Review new product ideas, present them to management, and work with other departments to determine feasibility.
  • Determine the cost of production.
  • Conduct market research to determine consumer needs and identify competitors.
  • Ensure products are produced according to design, quality, and price specifications.
  • Supervise product development process, coordinating department objectives and schedules.

Common Career Paths for Product Development Director


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Popular Skills for Product Development Director

Pay by Experience Level for Product Development Director

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

Pay Difference by Location

National Average: $115,913

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

Related Job Salaries

Key Stats for Product Development Director

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.
Less than 1 year
0%
1-4 years
12%
5-9 years
19%
10-19 years
43%
20 years or more
25%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Development Director Salaries

▲22%

▲5%

National Average
$116,000

Mid-Career
▼11%

Entry-Level
▼28%

Skills That Affect Product Development Director Salaries

Product Development
▼0%

National Average
$116,000


Engineering Design
▼10%

Microsoft Office
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
0%
1-4 years
12%
5-9 years
19%
10-19 years
43%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 77%
vision benefits
Vision: 59%
dental benefits
None: 10%
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