The average salary for an Experienced Director, Product Development in Dallas, Texas is $127,866.
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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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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 $97,591 based on 5 salaries. In their late career (20 years and higher), employees earn an average total compensation of $140,000.
Pay Difference by Location
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Employees with Director, Product Development in their job title in San Francisco, California earn an average of 15.3% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (12.6% more) and New York, New York (11.6% more). The lowest salaries can be found in Minneapolis, Minnesota (6.2% less).
Years of Experience
This data is based on 8 survey responses.
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