Average Mid-Career Vice President (VP) of Product Development Salary

$128,137
Avg. Salary
$20,482
Bonus
$10,000
Profit Sharing
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The average salary for a Mid-Career Vice President (VP) of Product Development is $128,137.
10%
$88k
10%
$128k
50%
$186k
90%
90%
MEDIAN $128,137
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United States (change)
Salary
$88k - $186k
Bonus
$5k - $43k
Profit Sharing
$3k - $104k
Total Pay
$93k - $216k

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.

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

Vice President (VP) of Product Development Job Listings

Popular Skills for Vice President (VP) of Product Development

Skills in Product Development, Product Management and Business Development are correlated to pay that is above average. Skills that pay less than market rate include 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 $117,409 based on 85 salaries. An experienced Vice President (VP) of Product Development with 10-19 years of experience earns an average total compensation of $153,882 based on 510 salaries. In their late career (20 years and higher), employees earn an average total compensation of $172,253.
Employees with Vice President (VP) of Product Development in their job title in San Francisco, California earn an average of 33.6% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (32.0% more) and New York, New York (8.7% more). The lowest salaries can be found in Aitkin, Minnesota (37.6% less) and Oak Brook, Illinois (14.2% less).

Years of Experience

This data is based on 923 survey responses.
Early Career
9.2%
Experienced
55.3%
Late Career
35.5%