Director of Product Development Salary in the United States
Director of Product Development Salary
How much does a Director of Product Development make in the United States? The average Director of Product Development salary in the United States is $199,420 as of March 26, 2024, but the range typically falls between $174,790 and $226,080. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Director of Product Development Salary | $152,366 | US | March 26, 2024 |
| 25th Percentile Director of Product Development Salary | $174,790 | US | March 26, 2024 |
| 50th Percentile Director of Product Development Salary | $199,420 | US | March 26, 2024 |
| 75th Percentile Director of Product Development Salary | $226,080 | US | March 26, 2024 |
| 90th Percentile Director of Product Development Salary | $250,353 | US | March 26, 2024 |
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Job Description
The Director of Product Development leads research for new products, product enhancements, and product redesign. Oversees and implements product development policies, objectives, and initiatives. Being a Director of Product Development requires a bachelor's degree. Evaluates the potential and practicality of products in development. In addition, Director of Product Development demonstrates expertise in a variety of the field's concepts, practices, and procedures. Typically reports to top management. The Director of Product Development 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. Working as a Director of Product Development typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
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