Avg. Base Salary (USD)
The average salary for a Product Development Manager is $90,371
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 $58,555 based on 5 salaries. An early career Product Development Manager with 1-4 years of experience earns an average total compensation of $78,864 based on …Read more
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 …Read more
FAQs About Product Development Managers
What is the highest pay for Product Development Managers?
Our data indicates that the highest pay for a Product Development Manager is $128k / year
What is the lowest pay for Product Development Managers?
Our data indicates that the lowest pay for a Product Development Manager is $62k / year
How can Product Development Managers increase their salary?
Increasing your pay as a Product Development Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Product Development Manager that oversees more junior Product Development Managers, this experience can increase the likelihood to earn more.