Vice President (VP) of Product Development Salary (Canada)
A Vice President (VP) of Product Development earns an average salary of C$119,921 per year. Most people in this job have more than five years' experience in related jobs.
|Salary||C$89,104 - C$153,934|
|Bonus||C$7,149 - C$20,322|
|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).)
|C$93,898 - C$164,223|
Job Description for Vice President (VP) of Product Development
Vice presidents (VPs) of product development are usually members of the upper-management team within an organization. This position is classified as a technology job and usually reports to the chief technology officer, the chief engineering officer, or another department leader. Vice presidents of product development usually have many employees who work under them and a group of managers who report in directly to them. Individuals in this position are responsible for managing all product development activities undertaken by the product development team. The objective of this position is to ensure that the product development team meets the needs of the organization and satisfies all customer requirements.Read More...
Typically a vice president (VP) of product development is responsible for developing product plans, creating top-level product schedules, determining and scheduling product delivery milestones, working on any departmental development issues, ensuring on-time delivery of all scheduled milestones and product requirements, and delegating work to the product development team.
The vice president of product development may work in a number of fields, including manufacturing, technology, construction, and education; however, this type of position is more often seen in technology organizations. Vice presidents of product development work with employees at varying levels of responsibility in the organization including upper management, developers, engineers, architects, supply chain personnel, product and program managers, and accounting personnel. This is generally a full-time position that takes place in an office setting.
This position generally requires a bachelor's degree in business, computer science, engineering, management, or a related field. A master's degree is strongly preferred. A minimum of 10 to 12 years' experience in a related position is required. Demonstrated team management experience, strong written and oral communication skills, and good interpersonal skills are required as well. (Copyright 2018 PayScale.com)
Vice President (VP) of Product Development Tasks
- Ensure that products meet the brand standards as well as consumer needs.
- Conduct technical, competitive, and trend analysis to identify and evaluate potential products.
- Lead product development and production teams from initial inception to final product.
- Guide product placement and pricing strategies.
Vice President (VP) of Product Development Job Listings
Key Stats for Vice President (VP) of Product Development
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