A Vice President (VP) of Product Development earns an average salary of Rs 3,438,234 per year. Most people in this job have more than five years' experience in related jobs.

Rs 1,106,012 - Rs 7,000,000
Rs 1M
Rs 3M
Rs 7M
MEDIAN: Rs 3,062,512
10%
50%
90%
Rs 0Rs 8M
Salary Rs 1,106,012 - Rs 7,000,000
Bonus Rs 0.00 - Rs 2,979,879
Profit Sharing Rs 1,375,689
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).
)
Rs 1,106,012 - Rs 8,633,483
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 39

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.

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Vice President (VP) of Product Development Tasks

  • Lead product development and production teams from initial inception to final product.
  • Guide product placement and pricing strategies.
  • Ensure that products meet the brand standards as well as consumer needs.
  • Conduct technical, competitive, and trend analysis to identify and evaluate potential products.

Vice President (VP) of Product Development Job Listings

Related Job Salaries

Key Stats for Vice President (VP) of Product Development

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
1-4 years
5%
5-9 years
5%
10-19 years
64%
20 years or more
26%

Experience Affects Vice President (VP) of Product Development Salaries

Late-Career
▲11%

▲5%

National Average
Rs 3,390,000

Skills That Affect Vice President (VP) of Product Development Salaries

Data Mining / Data Warehouse
▲15%

Product Development
▲5%

National Average
Rs 3,390,000

Data Modeling
▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Years of Experience

1-4 years
5%
5-9 years
5%
10-19 years
64%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 4%
vision benefits
Vision: 4%
no benefits
None: 26%