The average salary for a Product Development Manager with Product Development skills is $81,975.
Product Development Manager by
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What Do Product Development Managers Do?
Product development managers are in charge of the analysis and application of products to the general consumer market. Product development managers typically are host to an assortment of creative work-flows, thought processes and application systems. They are also expected to be capable of market analysis at high levels and to demonstrate mastery of critical thought processes. Product development managers must identify the need for a product on the current or near future market and also identify…Read more
Product Development Manager Tasks
- Collaborate with sales and marketing to develop new business.
- Assist in scale up to commercialization.
- Manage the product development project pipeline and assignment and prioritization of resources.
Popular Employer Salaries for Product Development Manager
The top respondents for the job title Product Development Manager are from the companies Blu Dot, Georgia-Pacific Corporation and Kohl's Department Stores Inc. Reported salaries are highest at Kohl's Department Stores Inc where the average pay is $122,449. Other companies that offer high salaries for this role include American Express Co. (AMEX) and Georgia-Pacific Corporation, earning around $110,000 and $87,500, respectively. Fossil, Inc. pays the lowest at around $59,255. Alpla Incorporated and Blu Dot also pay on the lower end of the scale, paying $67,000 and $76,788, respectively.
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Product Development Manager
Product Development Director
Director, Product Development
Somewhat common (8 - 20%)
Product Development Manager Job Listings
What Are Popular Skills for Product Development Managers?
Skills in Project Management, Product Management and People Management are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office and Microsoft Excel.
What is the Pay by Experience Level for Product Development Managers?
An entry-level Product Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56,584 based on 11 salaries. An early career Product Development Manager with 1-4 years of experience earns an average total compensation of $68,437 based on 426 salaries. A mid-career Product Development Manager with 5-9 years of experience earns an average total compensation of $81,427 based on 450 salaries. An experienced Product Development Manager with 10-19 years of experience earns an average total compensation of $96,880 based on 405 salaries. In their late career (20 years and higher), employees earn an average total compensation of $102,161.
Pay Difference by Location
Employees with Product Development Manager in their job title in San Francisco, California earn an average of 18.5% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (6.0% more) and Seattle, Washington (0.6% more). The lowest salaries can be found in Minneapolis, Minnesota (6.5% less), Los Angeles, California (5.9% less) and Atlanta, Georgia (5.6% less).
Years of Experience
This data is based on 1,457 survey responses.