The average pay for a Product Development Coordinator is $17.78 per hour.
|Salary||$35,447 - $66,292|
|Bonus||$502 - $5,208|
|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).)
|$33,089 - $64,397|
|Hourly Rate||$14.28 - $25.02|
|Overtime||$21.19 - $38.13|
|Bonus||$502 - $5,208|
|Total Pay (||$33,089 - $64,397|
Job Description for Product Development Coordinator
Product development coordinators are responsible for coordinating product development operations, overseeing initiatives, and facilitating development strategies on behalf of their organization. They are in charge of coordinating marketing and business elements to ensure that products enter the market successfully. These professionals coordinate cross-functional teams to ensure that all product requirements are met before shipping, as well as oversee and conduct financial analysis and marketing plans.Read More...
Product development coordinators manage development programs and conduct market research, as well as gather customer feedback and keep accurate development records. These coordinators must be proficient with office software to write communications, run calculations, and prepare presentations. They participate in company meetings to suggest ways to improve product offerings and increase efficiency during development efforts. These coordinators strive to lower company expenses and maximize product effectiveness in a variety of markets. They must be able to follow all safety and privacy concerns before release.
A bachelors degree in business administration, marketing, or a similar field is required for this job. In addition, previous experience in a product development capacity is generally required or preferred. (Copyright 2019 PayScale.com)
- Lead research and development projects for new products and product improvements within an organization.
- Conducts research to develop new products to meet the needs of the customer.
- Work in conjunction with multiple departments including engineering, production, sales and marketing to bring a product to the market.
Product Development Coordinator Job Listings
Pay by Experience Level for Product Development Coordinator
Pay by Experience for a Product Development Coordinator has a positive trend. An entry-level Product Development Coordinator with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 194 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Development Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $49,000 based on 53 salaries. An experienced Product Development Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $63,000 based on 21 salaries. A Product Development Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $66,000 based on 12 salaries.
Pay Difference by Location
San Francisco is home to an above-average pay rate for Product Development Coordinators, 17 percent higher than the national average. Product Development Coordinators will also find cushy salaries in New York (+16 percent) and Houston (+3 percent). Chicago is home to the smallest salaries in the field, lagging the national average by 11 percent.
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