The average salary for an Early-Career Director, Product Development is $102,664.
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Job Description for Director, Product Development
A director of product development has many responsibilities related to product development within their organization. Their main task is creating and then implementing a development strategy for their company. They are also responsible for the implementation of procedures related to product development. Directors of product development are also accountable for setting annual performance goals and conducting evaluations of the staff. In addition, they also need to develop and implement best pract…Read more
Director, Product Development Tasks
- Review new product ideas, present them to management, and work with other departments to determine feasibility.
- Determine the cost of production.
- Conduct market research to determine consumer needs and identify competitors.
- Ensure products are produced according to design, quality, and price specifications.
- Supervise product development process, coordinating department objectives and schedules.
Director, Product Development Job Listings
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Popular Skills for Director, Product Development
Skills that pay less than market rate include Design, Project Management, Product Management, People Management and Product Development.
Pay by Experience Level for Director, Product Development
A mid-career Director, Product Development with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $115,800 based on 133 salaries. An experienced Director, Product Development with 10-19 years of experience earns an average total compensation of $130,323 based on 289 salaries. In their late career (20 years and higher), employees earn an average total compensation of $134,953.
Years of Experience
This data is based on 574 survey responses.
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