Average Product Development Director Salary

$113,687
Avg. SalaryShow Hourly Rate
$14,753
Bonus
$25,000
Commission
$4,976
Profit Sharing
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The average salary for a Product Development Director is $113,687.
10%
$74k
MEDIAN
$114k
90%
$157k
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United States (change)
Salary
$74k - $157k
Bonus
$3k - $34k
Profit Sharing
$1k - $25k
Commission
$10k - $34k
Total Pay
$75k - $174k

Your Market Worth Over Time

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Job Description for Product Development Director

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.

Job Satisfaction for Product Development Director

4 out of 5
(97)
Highly Satisfied
6Reviews

Popular Employer Salaries for Product Development Director

Product Development Director Job Listings

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Popular Skills for Product Development Director

Skills in Product Development, Product Management and Leadership are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office and Project Management.

Pay by Experience Level for Product Development Director

An early career Product Development Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $91,999 based on 63 salaries. A mid-career Product Development Director with 5-9 years of experience earns an average total compensation of $102,802 based on 134 salaries. An experienced Product Development Director with 10-19 years of experience earns an average total compensation of $122,247 based on 242 salaries. In their late career (20 years and higher), employees earn an average total compensation of $129,310.
Employees with Product Development Director in their job title in San Francisco, California earn an average of 18.6% more than the national average. These job titles also find higher than average salaries in Minneapolis, Minnesota (15.8% more) and Los Angeles, California (6.1% more). The lowest salaries can be found in Dallas, Texas (18.6% less) and Chicago, Illinois (1.1% less).

Years of Experience

This data is based on 606 survey responses.
Early Career
10.4%
Mid Career
22.1%
Experienced
39.9%
Late Career
27.6%