$110,587
Avg. Salary
$50.00
Avg. Hourly Rate

Average additional compensation:

$14,893

Bonus

$4,000

Profit Sharing

$25,000

Commission

What am I worth?
How should I pay?

The average pay for a Product Development Director is $50.00 per hour.

The average pay for a Product Development Director is $110,587 per year.

$21.13
10%
$50.00
50%
$60.75
90%
MEDIAN $50.00
$70k
10%
$111k
50%
$153k
90%
MEDIAN $110,587
$70,054 - $153,307
$70K
$110K
$150K
MEDIAN: $110,587
10%
50%
90%

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$21.13 - $60.75
$50
MEDIAN: $50.00
50%

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$0$170K
Salary $70,054 - $153,307
Bonus $2,963 - $30,538
Profit Sharing $1,123 - $23,489
Commission $25,000
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).
)
$70,701 - $170,049
  • Country: United States
  • Currency: USD
  • Updated: 13 Feb 2019
  • Individuals Reporting: 553
Hourly Data $0$60
Hourly Rate $50.00
Overtime $30.00
Annual Data $0$170K
Bonus $2,963 - $30,538
Commission $25,000
Profit Sharing $1,123 - $23,489
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).
)
$70,701 - $170,049
  • Country: United States
  • Currency: USD
  • Updated: 13 Feb 2019
  • Individuals Reporting: 9

Job Description for Product Development Director

Product development directors oversee the development and delivery of products on behalf of their company. They are responsible for managing the idea generation, planning, design, development, and implementation of products. Product development directors support life cycle and launch activities for products developed within the organization, and they use a personal computer as one of their main tools to keep track of product development, communicate with partners, and modify reports. Additionally, product development directors ensure their team complies with safety procedures, create effective budget, and schedule project milestones.

Read More...
Product Development Director 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.

Common Career Paths for Product Development Director


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Product Development Director Job Listings

Popular Skills for Product Development Director

Pay by Experience Level for Product Development Director

Pay by Experience for a Product Development Director has a positive trend. An entry-level Product Development Director with less than 5 years of experience can expect to earn an average total compensation of $86,000 based on 39 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Development Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $102,000 based on 82 salaries. An experienced Product Development Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $122,000 based on 134 salaries. A Product Development Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $143,000 based on 61 salaries.

Pay Difference by Location

-12%

National Average: $119,447

Larger city markers indicate a job is popular in that location.

Product Development Director Reviews

Q: What is it like working as a Product Development Director?

Product Development Director in Newbury Park:
"A quiet active lifestyle."
Pros: If you are into the outdoors, Newbury Park is a great place to work. There are plenty of activities to do at lunch like hiking bicycle riding, mountain biking and walking. Also, I live 15 minutes from the office.
Cons: After a while you can hit just about every place to eat and eventually it begins to feel like Groundhog Day.

Product Development Director in Marietta:
"Extremely stressful."
Pros: Special projects
Cons: Lack of productivity

Product Development Director in Chandler:
"The wide ranging expectations."
Know your customer. Know your competition. Know what the market will bear. Learn great sourcing, negotiation.

Related Job Salaries

Key Stats for Product Development Director

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 votes.
Less than 1 year
0%
1-4 years
12%
5-9 years
22%
10-19 years
41%
20 years or more
25%

Experience Affects Product Development Director Salaries

▲20%

▲2%

National Average
$119,000

▼15%

▼28%

Skills That Affect Product Development Director Salaries

National Average
$119,000



Engineering Design
▼13%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
0%
1-4 years
12%
5-9 years
22%
10-19 years
41%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 75%
vision benefits
Vision: 62%
no benefits
None: 11%