upper level job

How much does a Manager of Product Development make in the United States? The average Manager of Product Development salary in the United States is $139,860 as of March 26, 2024, but the range typically falls between $121,340 and $161,300. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Manager of Product Development Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Manager of Product Development Salary $104,479 US March 26, 2024
25th Percentile Manager of Product Development Salary $121,340 US March 26, 2024
50th Percentile Manager of Product Development Salary $139,860 US March 26, 2024
75th Percentile Manager of Product Development Salary $161,300 US March 26, 2024
90th Percentile Manager of Product Development Salary $180,820 US March 26, 2024
25% $121,340 10% $104,479 90% $180,820 75% $161,300 $139,860 50%(Median) Didn’t find job title? Click
Change Search Criteria

Job Description

The Manager of Product Development evaluates and resolves technical feasibility, design optimization, and production issues. Manages and coordinates product development projects. Being a Manager of Product Development researches and monitors existing client base and industry developments and identifies potential new product opportunities. Ensures that labeling and marketing/promotional literature match product specifications. In addition, Manager of Product Development works with other departments to establish a design, technology, product development, and vendor strategy. Manages project budgets and prepares financial analysis reports for top management. May require a bachelor's degree or in a related area. Typically reports to top management. The Manager of Product Development manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Manager of Product Development typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Manager of Product Development
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Manager of Product Development, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
121340
161300
139860

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
130830
181990
153880
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Manager of Product Development in the United States. The base salary for Manager of Product Development ranges from $121,340 to $161,300 with the average base salary of $139,860. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $130,830 to $181,990 with the average total cash compensation of $153,880.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

121340
161300

 

Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

Recently searched related titles: Foundry Manager, Assistant Product Development Manager, Associate Product Developer

Jobs with a similar salary range to Manager of Product Development : New Product Development Manager, NPD Manager, Product Development, Product Development Leader, Product Development Program Manager

Salary estimation for Manager of Product Development at companies like : Specialprodukter, Calais Emergency Physicians LLC, The Bottom Line Financial Group Inc

lower level job