Product Development Scientist Salary
Median pay for Product Development Scientists in the United States lies in the neighborhood of $74K annually. Residence is the biggest factor affecting pay for this group, followed by career length. Male Product Development Scientists are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 52 percent of the field. Work is enjoyable for Product Development Scientists, who typically claim high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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
- Act as expert in available technologies, materials, procedures, and research project management.
- Seek and understand developments in relevant fields and the competition.
- Track and ensure compliance to laws, regulations, guidelines, and safety standards.
- Design products and research projects based on specifications, competitive analyses, and market research.
Product Development Scientist Job Listings
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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. For most people, competency in Data Analysis indicates knowledge of Project Management.
Pay by Experience Level for Product Development Scientist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Those in the early stages of their career can expect to make around $66K; however, individuals with five to 10 years of experience bring in $79K on average — a distinctly larger sum. Product Development Scientists bring in $89K after working for 10 to 20 years. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $82K by contrast.
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Key Stats for Product Development Scientist
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