$151,701
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$26,679

Bonus

$19,774

Profit Sharing

$88,437

Commission

What am I worth?
How should I pay?

The average pay for a Vice President (VP) Of Product Development with Business Development skills is {{pay}} per hour.

The average pay for a Vice President (VP) Of Product Development with Business Development skills is $151,701 per year.

10%
$0.00
10%
$0.00
50%
$0.00
90%
90%
MEDIAN $0.00
10%
$93k
10%
$152k
50%
$225k
90%
90%
MEDIAN $151,701
$93,284 - $225,005
$93K
$150K
$230K
MEDIAN: $151,701
10%
50%
90%

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$0$264K
Salary $93,284 - $225,005
Bonus $5,057 - $58,235
Profit Sharing $2,447 - $102,330
Commission $88,437
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$97,329 - $264,271
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 207

Job Description for Vice President (VP) of Product Development

Vice presidents (VPs) of product development are usually members of the upper-management team within an organization. This position is classified as a technology job and usually reports to the chief technology officer, the chief engineering officer, or another department leader. Vice presidents of product development usually have many employees who work under them and a group of managers who report in directly to them. Individuals in this position are responsible for managing all product development activities undertaken by the product development team. The objective of this position is to ensure that the product development team meets the needs of the organization and satisfies all customer requirements.

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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.

Vice President (VP) of Product Development Job Listings

Key Stats for Vice President (VP) of Product Development

Gender

Female
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
1-4 years
6%
5-9 years
13%
10-19 years
49%
20 years or more
32%

Experience Affects Vice President (VP) of Product Development Salaries

Late-Career
▲17%

National Average
$170,000

Experienced
▼4%

Mid-Career
▼20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

1-4 years
6%
5-9 years
13%
10-19 years
49%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 85%
vision benefits
Vision: 76%
no benefits
None: 8%