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Average Vice President (VP) of Product Development Salary

$160,997
Avg. SalaryShow Hourly Rate
$29,941
Bonus
$42,500
Commission
$17,687
Profit Sharing
What am I worth?
Get pay report
How should I pay?
Price a job
The average salary for a Vice President (VP) of Product Development is $160,997.
10%
$99k
MEDIAN
$161k
90%
$224k
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Salary
$99k - $224k
Bonus
$9k - $73k
Profit Sharing
$3k - $70k
Commission
$0 - $43k
Total Pay
$103k - $276k
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What Do Vice President (VP) of Product Developments Do?

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

Job Satisfaction for Vice President (VP) of Product Development

4.1 out of 5
(121)
Highly Satisfied
10Reviews

Popular Employer Salaries for Vice President (VP) of Product Development

The top respondents for the job title Vice President (VP) of Product Development are from the companies J.P. Morgan Chase & Co. (JPMCC), The Goldman Sachs Group, Inc. and Inland Real Estate Group of Co. Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is $121,428. The Goldman Sachs Group, Inc. pays the lowest at around $107,349.

Career Paths

Explore the most common career paths for Vice President (VP) of Product Development. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Vice President (VP) of Product Development
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP) of Product Development Job Listings

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What Are Popular Skills for Vice President (VP) of Product Developments?

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

What is the Pay by Experience Level for Vice President (VP) of Product Developments?

An early career Vice President (VP) of Product Development with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $126,225 based on 57 salaries. A mid-career Vice President (VP) of Product Development with 5-9 years of experience earns an average total compensation of $139,159 based on 132 salaries. An experienced Vice President (VP) of Product Development with 10-19 years of experience earns an average total compensation of $163,692 based on 408 salaries. In their late career (20 years and higher), employees earn an average total compensation of $179,422.
Employees with Vice President (VP) of Product Development in their job title in San Francisco, California earn an average of 13.0% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (6.0% more) and Atlanta, Georgia (5.6% more). The lowest salaries can be found in Chicago, Illinois (19.8% less) and Los Angeles, California (1.6% less).

Years of Experience

This data is based on 937 survey responses.
Early Career
6.1%
Mid Career
14.1%
Experienced
43.5%
Late Career
36.3%