Product Development Director Salary

The average pay for a Product Development Director is $104,160 per year. Experience has a moderate effect on salary for this job.

$63,520 - $151,114
(Median)
$64K
$100K
$150K
MEDIAN: $104,160
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
$63,520 - $151,114  
   
Bonus
$971 - $28,906  
Profit Sharing
$986 - $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).
)
$63,572 - $167,875  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 230
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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

  • 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 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.

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Experience Affects Product Development Director Salaries



National Average
$113,000

Mid-Career
up arrow 13%

Entry-Level
up arrow 32%

Skills That Affect Product Development Director Salaries

National Average
$113,000

Product Development
up arrow 1%

Project Management
up arrow 2%

Microsoft Office
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
10%
5-9 years
21%
10-19 years
51%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 71%
medical benefits
Vision: 52%
dental benefits
None: 10%
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