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Product Development Salary at Craftmade International Inc BETA

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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
25% $111,884 10% $97,746 90% $159,055 75% $144,024 $127,505 50%(Median)
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As of October 2026, the average salary for Product Development at Craftmade International Inc in the United States is $127,505 per year, which is equivalent to an hourly rate of approximately $61. Most salaries for this position fall within the range of $111,884 to $144,024 annually.

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Product Development Salary by Experience Level at Craftmade International Inc

The following compensation progression is modeled by anchoring Craftmade International Inc's median pay against proprietary Retail & Wholesale career trajectories. This analysis estimates how Product Development earnings typically scale from entry-level to principal roles, reflecting the specific growth curves standard within the Retail & Wholesale sector.

Level & Experience Est. Annual Base Est. Hourly Rate Salary Progression
Starting Pay 0-1 Year (Entry) $105,574 $50.76 Baseline
Early Career 1-3 Years (Junior) $112,613 $54.14 +6.7%
Market Median 4-6 Years (Anchor) $127,505 $61.30 Average
Seasoned 7-10 Years (Senior) $126,689 $60.91 +20.0%
High Performance 10-14 Years (Lead) $134,900 $64.86 +27.8%
Top Earner 15+ Years (Expert) $152,496 $73.32 +44.4%

Is Craftmade International Inc's Product Development Salary Competitive?

The scorecard below provides a multi-dimensional analysis of Product Development compensation at Craftmade International Inc. By comparing base salary against direct industry competitors, state-level averages, and local city benchmarks.
Benchmark
Entity		 Avg. Annual Salary Est. Hourly rate
The Mazel Co Top Competitor $157,611 $75.77
Retail & Wholesale Industry Avg. $149,848 $72.04
Coppell, TX City Avg. $142,584 $68.55
Texas State Avg. $142,340 $68.43
National Average National Avg. $145,930 $70.16

Key Skills & Their Impact on a Product Development at Craftmade International Inc?

To succeed and maximize your earning potential as a Product Development at Craftmade International Inc, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Product Development
Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
VMware
Applying the VMware software to develop multiple virtual computer systems within a single server.
Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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Product Development Career Path and Growth Opportunities

Understanding the career path for a Product Development can help you plan long-term professional growth. Below is a typical career progression for a Product Development, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Base Salary $145,930
Total Compensation $162,189
Base Salary $180,876
Total Compensation $206,557
Base Salary $348,714
Total Compensation $433,306

Craftmade International Inc Overview

Website
www.craftmade.com
Founded In
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
650 S Royal Ln Coppell Texas TX 75019
Revenue
$50 Million - $200 Million
Phone Number
+1 2297762667
Social Media
About Craftmade International Inc
Founded in 1985, Craftmade International is a designer and manufacturer of ceiling fans and residential lighting systems. They are based in Coppell, Texas.

Companies Similar to Craftmade International Inc

Explore other companies related to Craftmade International Inc within the same industry. Compare company profiles, services, and insights to see how Craftmade International Inc aligns with its peers. Click a company to learn more.

Clover Telecom

Coppell, Texas

Retail & Wholesale

United States Brass International Corp

Plano, Texas

Retail & Wholesale

BetterBody Foods

Lindon, Utah

Retail & Wholesale

Upside Foods Inc

Berkeley, California

Retail & Wholesale

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FAQ about Salary and Jobs at Craftmade International Inc

FAQ 1: How much does Craftmade International Inc pay per hour?
The average hourly pay is $61. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Craftmade International Inc?
According to the data, the highest approximate salary is about $144,024 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Craftmade International Inc?
According to the data, the lowest estimated salary is about $111,884 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 4: What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.

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