Product Development Scientist Salary
Product Development Scientists in the United States pull down an average of $74K per year. Location and career duration each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Women make up a slight majority of Product Development Scientists (50 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
|Salary||$46,913 - $98,399|
|Bonus||$1,025 - $10,116|
|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).)
|$44,467 - $102,051|
|Hourly Rate||$17.66 - $29.92|
|Bonus||$1,025 - $10,116|
|Total Pay (||$44,467 - $102,051|
Job Description for Product Development Scientist
Product development scientists work across a variety of fields, and their tasks vary by industry. Many product development scientists work in the food industry; in that industry, some of the scientist's tasks include ensuring their organization meets government regulations and standards pertaining to sanitation, safety, waste management, and quality standards. Developing new food items for production based on consumer feedback is another common task, as is quality control analysis.Read More...
In general, a product development scientist works during regular business hours, although overtime may be required depending on the company. Product development scientists must have the ability to communicate well with others both verbally and in written form. They must also have excellent decision-making and problem solving skills, as well as excellent data-analysis skills and the ability to articulate findings to laypersons, industry experts, and a variety of professionals in their organizations.
Product development scientists generally need at least a bachelor's of science degree in a relevant field, such as chemistry, biochemistry, or pharmaceutics. Some employers may also prefer industry-specific experience or previous experience in a similar role.
Product Development Scientist Tasks
- Track and ensure compliance to laws, regulations, guidelines, and safety standards.
- Design products and research projects based on specifications, competitive analyses, and market research.
- Act as expert in available technologies, materials, procedures, and research project management.
- Seek and understand developments in relevant fields and the competition.
Popular Skills for Product Development Scientist
Product Development Scientists report using a wide range of professional skills. Most notably, skills in Research Analysis, Project Management, Data Analysis, and Product Development are correlated to pay that is above average. Those listing Quality Assurance / Quality Control as a skill should be prepared for drastically lower pay. Biotechnology and Molecular Biology also typically command lower compensation. Those proficient in Data Analysis are, more often than not, also skilled in Project Management.
Pay by Experience Level for Product Development Scientist
Pay by Experience for a Product Development Scientist has a positive trend. An entry-level Product Development Scientist with less than 5 years of experience can expect to earn an average total compensation of $67,000 based on 182 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Development Scientist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $80,000 based on 90 salaries. An experienced Product Development Scientist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $88,000 based on 44 salaries. A Product Development Scientist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $81,000 based on 7 salaries.
Pay Difference by Location
For Product Development Scientists, busy Austin offers a higher-than-average pay rate, 39 percent above the national average. Product Development Scientists will also find cushy salaries in Cambridge (+31 percent), San Diego (+26 percent), San Francisco (+24 percent), and Seattle (+23 percent). Location significantly influences compensation, with Madison Product Development Scientists earning much less — 42 percent less — than the national average. A couple other locations with smaller-than-average paychecks include Minneapolis (25 percent lower) and New York (11 percent lower).
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Key Stats for Product Development Scientist
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