Average Vice President (VP) of Product Development Salary

$167,206
Avg. Base Salary (USD)
10%
$107k
MEDIAN
$167k
90%
$229k

The average salary for a Vice President (VP) of Product Development is $167,206

Base Salary
$107k - $229k
Bonus
$8k - $72k
Profit Sharing
$2k - $62k
Total Pay
$113k - $280k
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What Do Vice President (VP) of Product Developments Do?

Vice President (VP) of Product Development Tasks
  • Ensure that products meet the brand standards as well as consumer needs.
  • Conduct technical, competitive, and trend analysis to identify and evaluate potential products.
  • Lead product development and production teams from initial inception to final product.
  • Guide product placement and pricing strategies.
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How do Vice President (VP) of Product Developments Rate Their Jobs?

4.1 out of 5
(74)
Highly Satisfied
12Reviews
Based on 74 responses, the job of Vice President (VP) of Product Development has received a job satisfaction rating of 4.07 out of 5. On average, Vice President (VP) of Product Developments are highly satisfied with their job.

FAQs About Vice President (VP) of Product Developments

What is the highest pay for Vice President (VP) of Product Developments?

Our data indicates that the highest pay for a Vice President (VP) of Product Development is $229k / year

What is the lowest pay for Vice President (VP) of Product Developments?

Our data indicates that the lowest pay for a Vice President (VP) of Product Development is $107k / year

How can Vice President (VP) of Product Developments increase their salary?

Increasing your pay as a Vice President (VP) of Product Development 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 Vice President (VP) of Product Development that oversees more junior Vice President (VP) of Product Developments, this experience can increase the likelihood to earn more.