Alternate Job Titles: Director of Product Development, Product Development Director
How much does a Product Development Director make? The median annual Product Development Director salary is $163,499, as of January 30, 2018, with a range usually between $145,963-$181,620, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Product Development Director in the United States.
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This chart describes the expected percentage of people who perform the job of Product Development Director in the United States that make less than that annual salary. For example the median expected annual pay for a typical Product Development Director in the United States is $163,499, so 50% of the people who perform the job of Product Development Director in the United States are expected to make less than $163,499.
Source: HR Reported data as of January 30, 2018
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This chart describes the expected percentage of people who perform the job of Product Development Director that make less than that salary. For example 50% of the people who perform the job of Product Development Director are expected to make less than the median.
Source: HR Reported data as of February 2018
Oversees and implements product development policies, objectives, and initiatives. Leads research for new products, product enhancements, and product redesign. Evaluates the potential and practicality of products in development. Requires a bachelor's degree. Demonstrates expertise in a variety of the field's concepts, practices, and procedures. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description