Average Vice President (VP) of Product Development with Product Development Skills Salary in New York, New York

$163,736
Avg. Salary
$38,000
Bonus
$20,000
Profit Sharing
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The average salary for a Vice President (VP) of Product Development with Product Development skills in New York, New York is $163,736.
10%
$98k
10%
$164k
50%
$209k
90%
90%
MEDIAN $163,736
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United States (change)
Salary
$98k - $209k
Bonus
$10k - $61k
Profit Sharing
$19k - $21k
Total Pay
$100k - $266k

Your Market Worth Over Time

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Job Description for Vice President (VP) of Product Development

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.

Career Paths

Explore the most common career paths for Vice President (VP) of Product Development. Thickness and color of lines indicates how common a path is.
Vice President (VP) of Product Development
Vice President (VP), Product Management
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP) of Product Development Job Listings

Popular Skills for Vice President (VP) of Product Development

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

Pay by Experience Level for Vice President (VP) of Product Development

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 $81,389 based on 7 salaries. A mid-career Vice President (VP) of Product Development with 5-9 years of experience earns an average total compensation of $125,314 based on 29 salaries. An experienced Vice President (VP) of Product Development with 10-19 years of experience earns an average total compensation of $172,382 based on 43 salaries. In their late career (20 years and higher), employees earn an average total compensation of $182,387.
Employees with Vice President (VP) of Product Development in their job title in San Diego, California earn an average of 18.5% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (8.6% more) and San Francisco, California (6.1% more). The lowest salaries can be found in Chicago, Illinois (27.3% less) and Los Angeles, California (1.1% less).

Years of Experience

This data is based on 94 survey responses.
Early Career
7.4%
Mid Career
30.9%
Experienced
45.7%
Late Career
16.0%