The average salary for a Late-Career Director, Product Development is $134,319.
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$93k - $171k
$4k - $36k
$2k - $30k
$98k - $195k
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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.
Explore the most common career paths for Director, Product Development. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Director, Product Development
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Director, Product Development Job Listings
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Popular Skills for Director, Product Development
Skills in Product Development, People Management and Product Management are correlated to pay that is above average. Skills that pay less than market rate include Design and Project Management.
Pay by Experience Level for Director, Product Development
An early career Director, Product Development with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $101,713 based on 48 salaries. A mid-career Director, Product Development with 5-9 years of experience earns an average total compensation of $114,083 based on 133 salaries. An experienced Director, Product Development with 10-19 years of experience earns an average total compensation of $128,980 based on 292 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Director, Product Development in their job title in Boston, Massachusetts earn an average of 17.8% more than the national average. These job titles also find higher than average salaries in San Francisco, California (13.6% more) and Chicago, Illinois (9.7% more). The lowest salaries can be found in Los Angeles, California (4.3% less).
Years of Experience
This data is based on 473 survey responses.
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