Product Development Scientist Salary
Product Development Scientists in the United States take home an average $75K per year. Geography and career duration each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Product Development Scientists making up 53 percent of survey respondents. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to almost all, and a large number earn dental coverage. This overview is based on answers to 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.
Common Career Paths for Product Development Scientist
Product Development Scientists might see a strong upturn in salary after transitioning into upper-level roles such as Senior Product Development Scientist, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $97K per year.
Product Development Scientist Job Listings
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Popular Skills for Product Development Scientist
Survey results suggest that Product Development Scientists use a fairly large toolkit of professional skills. Most notably, skills in Research Analysis, Project Management, Product Development, and Data Analysis 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. It is often found that people who know Data Analysis are also skilled in Project Management.
Pay by Experience Level for Product Development Scientist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Respondents with less than five years' experience take home $67K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $80K. People with 10 to 20 years of experience make an average of about $91K in this role. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $84K.
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Key Stats for Product Development Scientist
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