Vice President, Product Development Salary at Nidec Motor Corp BETA

How much does a Nidec Motor Corp Vice President, Product Development make?

As of April 2025, the average annual salary for a Vice President, Product Development at Nidec Motor Corp is $299,290, which translates to approximately $144 per hour. Salaries for Vice President, Product Development at Nidec Motor Corp typically range from $263,332 to $354,867, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Nidec Motor Corp Overview

Website:
motorboss.com
Size:
3,000 - 7,500 Employees
Revenue:
$50M - $200M
Industry:
MFG Durable

Nidec Motor Corporation is a manufacturer of motors and control equipment for home appliances, industrial use, and consumer use. The company has many development, production and sales bases in America, Mexico, China, and England. It provides a wide variety of products that meet the needs of these countries. The products include motors for washing machines and dryer machines, dishwashers, refrigerating and air conditioning equipment, pump motors for pools and spas, motors for general industrial machines, industrial pump, and vehicle drive. The company also owns half of the world's patents for rare earth-free SR motors.

See similar companies related to Nidec Motor Corp

What Skills Does a person Need at Nidec Motor Corp?

At Nidec Motor Corp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
  2. Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. 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. Project management has final deliverables that are constrained to a finite timescale and budget.

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Check more jobs information at Nidec Motor Corp

Job Title Average Nidec Motor Corp Salary Hourly Rate
2 Vice President, Marketing $278,814 $134
3 Vice President, Quality $263,573 $127
4 Warehouseman $41,182 $20
5 Winder $36,177 $17
6 Worker $59,599 $29
7 Account Administrator $40,324 $19
8 Administrative Clerk $45,235 $22
9 Appointment Setter $40,414 $19
10 Assistant Manager, Customer Support $88,486 $43
11 Associate Mechanical Engineer $76,436 $37
12 Business Development Associate $105,841 $51
13 Chief Engineer $282,344 $136

Hourly Pay at Nidec Motor Corp

The average hourly pay at Nidec Motor Corp for a Vice President, Product Development is $144 per hour. The location, department, and job description all have an impact on the typical compensation for Nidec Motor Corp positions. The pay range and total remuneration for the job title are shown in the table below. Nidec Motor Corp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $299,290 look to you?

FAQ about Salary and Jobs at Nidec Motor Corp

1. How much does Nidec Motor Corp pay per hour?
The average hourly pay is $144. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Nidec Motor Corp?
According to the data, the highest approximate salary is about $354,867 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Nidec Motor Corp?
According to the data, the lowest estimated salary is about $263,332 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
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.