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How much does a Product Research and Development Manager make hourly in the United States? The average hourly wage for a Product Research and Development Manager in the United States is $74 as of March 26, 2024, but the range typically falls between $66 and $82. Hourly rate 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.

Product Research and Development Manager Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Product Research and Development Manager Salary $59 US March 26, 2024
25th Percentile Product Research and Development Manager Salary $66 US March 26, 2024
50th Percentile Product Research and Development Manager Salary $74 US March 26, 2024
75th Percentile Product Research and Development Manager Salary $82 US March 26, 2024
90th Percentile Product Research and Development Manager Salary $90 US March 26, 2024
25% $66 10% $59 90% $90 75% $82 $74 50%(Median) Didn’t find job title? Click
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Job Description

The Product Research and Development Manager develops and implements research and development procedures and techniques. Manages and directs the research and development programs to meet organizational needs and to capitalize on potential new products. Being a Product Research and Development Manager assesses the scope of research projects and ensures they are on time and within budget. Oversees complex research projects, analyzes results and provides recommendations based on findings. In addition, Product Research and Development Manager may require an advanced degree. Typically reports to a head of unit/director. The Product Research and Development Manager 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 Product Research and Development Manager 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)

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Job Openings for Product Research and Development Manager

Career Path for this job

  1. Down a level:

    R & D Engineer

    4 - 7 years experience
    JD, MD, PhD or Equivalent

  2. This Job:

    Product Research and Development Manager

    5 + years experience
    JD, MD, PhD or Equivalent

  3. Up a level:

    Product Research and Development Director


    JD, MD, PhD or Equivalent

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Average Hourly Wage

Core compensation

 
 
 
66
82
74

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
72
93
82
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Product Research and Development Manager in the United States. The average hourly rate for Product Research and Development Manager ranges from $66 to $82 with the average hourly pay of $74. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $72 to $93 with the average total hourly cash compensation of $82.
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66
82

 

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