A Product Development Specialist earns an average salary of $52,020 per year. Experience has a moderate effect on income for this job. A skill in Project Management is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this career.
Product Development Specialist Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$37,370 - $89,357
(Median)
37K
52K
69K
89K
MEDIAN: $52,019
10%
50%
75%
90%
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Product Development Specialist Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.84 - $26.67
(Median)
13
17
24
27
MEDIAN: $16.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$31K$62K$93K
Salary
$37,370 - $89,357  
   
Bonus
$0.00 - $8,312  
Profit Sharing
$503 - $11,745  
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).
)
$35,808 - $90,161  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 276
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23$46$69
Hourly Rate
$12.84 - $26.67  
   
Overtime
$0.00 - $67.07  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $8,312  
   
Profit Sharing
$503 - $11,745  
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).
)
$35,808 - $90,161  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 276
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Product Development Specialist Job Listings

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Job Description for Product Development Specialist
  • Develop prototypes and document product specifications.
  • Evaluate consumer preferences using internal tools and turn them into recommendations for product enhancement or innovation.
  • Assist in the development and implementation of operational guidelines and objectives for the product portfolio.
  • Design, execute, and manage projects.
  • Research and compile reports on the state of the industry, trend forecasts, and competitive analysis.
Pay by Experience Level for Product Development Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Francisco
up arrow 66%
Boston
up arrow 24%
National Average
$52,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Product Development Specialist Salaries

Late-Career
up arrow 53%
Experienced
up arrow 37%
Mid-Career
up arrow 13%
National Average
$52,000
Entry-Level
up arrow 7%

Skills That Affect Product Development Specialist Salaries

Project Management
up arrow 11%
National Average
$52,000
Product Development
up arrow 1%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 82 votes.
Gender
Female
51%
female alumni
 
Male
49%
male alumni
Years of Experience
Less than 1 year
5%
1-4 years
47%
5-9 years
33%
10-19 years
9%
20 years or more
6%
Common Health Benefits
medical benefits Medical: 89% dental benefits Dental: 77%
vision benefits Vision: 61% employee benefits None: 9%
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