An Entry-Level Product Development Manager earns an average salary of AU$77,487 per year.

AU$54,565 - AU$112,480
AU$55K
AU$77K
AU$110K
MEDIAN: AU$76,597
10%
50%
90%
AU$0AU$113K
Salary AU$54,565 - AU$112,480
Bonus AU$0.00 - AU$15,050
Profit Sharing AU$1,500
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).
)
AU$55,526 - AU$113,574
  • Country: Australia
  • Currency: AUD
  • Updated: 10 Jan 2018
  • Individuals Reporting: 78

Job Description for Product Development Manager

Product development managers are in charge of the analysis and application of products to the general consumer market. Product development managers typically are host to an assortment of creative work-flows, thought processes and application systems. They are also expected to be capable of market analysis at high levels and to demonstrate mastery of critical thought processes. Product development managers must identify the need for a product on the current or near future market and also identify an outline in which the product can be created and delivered to the general populace; however, the specifics of these systems is not their concern. Product development managers are expected to be very flexible in their availability and willing to devote long hours of deliberation toward meeting the needs presented by consumers with the products in development. Product development managers are also expected to have adequate interpersonal skills as they will be working with other employees in virtually all situations. They are expected to have an understanding of current and past marketing trends as well as the economic insight to reasonably predict new ones. Product managers are also expected to have a very intimate understanding of promotional processes and advertising as well as their effect on the general public. Product managers are expected to also understand public relations and their relationship to forthcoming products as well as the current areas of interest in the rising market (e.g. environmentally friendly products). Product managers must have proficiency in Microsoft Office and understanding of information facilitation via these channels. (Copyright 2018 PayScale.com)


Product Development Manager Tasks

  • Collaborate with sales and marketing to develop new business.
  • Assist in scale up to commercialization.
  • Manage the product development project pipeline and assignment and prioritization of resources.

Product Development Manager Job Listings

Pay Difference by Location

National Average: AU$77,534

Larger city markers indicate a job is popular in that location.

Product Development Manager Advice

Q: What do you wish you knew about your job when you first started out?

Product Development Manager in Melbourne:
"Ability to lead and solve problems."
As a credible manager in product development, I believe that one needs to have the following quality: Strong ability to solve problems in a variety of areas by applying sound understanding to science and business. A role model and a leader who puts in best effort consistently. Mentor and share knowledge with team and help team to grow. Keep grounded and involved in practical work (not sitting in office all the time) and constant learning to have up to date information and knowledge.

Key Stats for Product Development Manager

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
5%
1-4 years
63%
5-9 years
33%

Skills That Affect Product Development Manager Salaries


National Average
AU$78,000




Job Satisfaction

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

Gender

Female
54 %
Male
46 %

Common Health Benefits

medical benefits
Medical: 5%
dental benefits
Dental:
vision benefits
Vision: 4%
no benefits
None: 91%