The average salary for a Late-Career Director, Product Development in Irvine, California is $145,000.
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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.
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Pay Difference by Location
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Employees with Director, Product Development in their job title in Boston, Massachusetts earn an average of 9.1% more than the national average. These job titles also find higher than average salaries in San Francisco, California (5.2% more) and Chicago, Illinois (1.7% more). The lowest salaries can be found in Los Angeles, California (9.8% less), New York, New York (6.2% less) and Dallas, Texas (3.4% less).
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