Product Development Manager Salary in Toluca, MX
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How much does a Product Development Manager make in Toluca, MX? The average Product Development Manager salary in Toluca, MX is MXN$927K as of April 08, 2021, but the range typically falls between MXN$666K and MXN$1,199K. 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 global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Product Development Manager Salary
Mastering key skills can significantly increase your earning potential as a Product Development Manager. According to Salary.com's Real-time Job Posting Data, expertise in Project Management can lead to a 5% salary raise, while strong Supply Chain skills boost pay by a 2%. Even Product Quality can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
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.
Supply Chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Product Quality
Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
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Based on recent job listings, in-demand skills in the Product Development Manager field include Project Management (5%), Supply Chain (2%), Product Quality (1%), Design Engineering (1%), and Continuous Improvement (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| MXN$973K |
Project Management
MXN$973K
|
5%
|
|
| MXN$945K |
Supply Chain
MXN$945K
|
2%
|
|
| MXN$936K |
Product Quality
MXN$936K
|
1%
|
|
| MXN$936K |
Design Engineering
MXN$936K
|
1%
|
|
| MXN$936K |
Continuous Improvement
MXN$936K
|
1%
|
What does a Product Development Manager do?
Product Development Manager
Leon, MX
Manages the development of products through each stage gate to ensure they meet brand established consumer benchmarks (taste, appearance and nutritional value and other appropriate product attributes), cost parameters and operational processes.
12/23/2020
Product Development Manager
Lublin, PL
Manager, Product Development is responsible for establishing, developing and directing the production strategy for a product category and effectively directing the business relationships with finished product suppliers and our agents to leverage lower costs and reduced lead time without sacrificing quality.
03/12/2021
Product Development Manager
Le Havre, FR
Manage the product pipeline and support planning including, but not limited to, product rationalization and enhancements, business case development, product pricing, profitability analysis, and preliminary launch plan.
03/04/2021
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Career Path for Product Development Manager
About Toluca, Mexico
The municipality of Toluca, which has a geographical extent of 420.14 km2 (162.2 sq mi), includes numerous communities other than Toluca de Lerdo, the largest of which are the municipalities of San Pablo Autopan and San José Guadalupe Otzacatipan. The municipality is bordered by the municipalities of Almoloya de Juárez, Temoaya, Otzolotepec, Xonacatlán, Lerma, San Mateo Atenco, Metepec, Calimaya, Tenango del Valle, Villa Guerrero and Zinacantepec.
The Lerma River flows from Lake Almoloya del Río through the center of the municipality towards the west, flowing into Lake Chapala. From this poin...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Product Development Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Guadalajara, MX |
Compared to national average
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| City, Country Queretaro, MX |
Compared to national average
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| City, Country Aguascalientes, MX |
Compared to national average
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| City, Country Cuernavaca, MX |
Compared to national average
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| City, Country San Luis Potosi, MX |
Compared to national average
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| City, Country Mexicali, MX |
Compared to national average
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Employees with Product Development Manager in their job title in Queretaro, MX earn an average of 6.9% more than the national average. The lower salaries can be found in Guadalajara, MX (5.3% less), Mexicali, MX (4.8% less), Aguascalientes, MX (4.4% less), San Luis Potosi, MX (1.4% less).
Similar Jobs to Product Development Manager in Toluca, MX
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| Job Title | Location | Salary Range in MXN |
|---|---|---|
| Job Title Business Development Manager | Location Toluca, MX |
|
| Job Title Director Product Research and Development | Location Toluca, MX |
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| Job Title Management Development Manager | Location Toluca, MX |
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| Job Title Manager of Technical Product Management | Location Toluca, MX |
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| Job Title Manager Product Research and Development | Location Toluca, MX |
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Understand the base salary paid range for a Product Development Manager in Toluca, MX
Average Base Salary
Core compensation
665532
1199256
The chart shows the base salary for Product Development Manager in Toluca ranges from MXN$666K to MXN$1,199K with the average base salary of MXN$927K. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Product Development Manager may get paid difference by industry, location, and factors.
Product Development Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Product Development Manager in Queretaro than for the same job in Guadalajara in the Mexico?
On average, a Product Development Manager, working in Queretaro, Mexico, would generally get a higher salary than those working in the city of Guadalajara. The larger cities in the MX typically provide numerous opportunities for Product Development Manager Jobs. Since Toluca, Mexico is an attractive place to work for many professions, Product Development Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
April 08, 2021
salary.com
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What is the salary range for a Product Development Manager in Toluca, Mexico? What is the average hourly rate?
The average salary for a Product Development Manager in Toluca, Mexico is MXN$927K per year. The salary range for a Product Development Manager is between MXN$666K and MXN$1,199K. While we are seeing hourly wages as high as MXN$577 and as low as MXN$320, the majority of Product Development Managers are currently paid an average of MXN$446 in Toluca, Mexico. The average salary pay range for a Product Development Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Product Development Manager in Toluca, Mexico can differ based on any or all of these varying factors.
April 08, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering a Product Development Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that a Product Development Manager working in Toluca, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Product Development Manager working in the Toluca, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Toluca, Mexico might also offer long-term incentives such as stock options or stock grants for Product Development Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
April 08, 2021
salary.com
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Last Update: April 08, 2021