As of February 01, 2025, the average annual salary for a Product Research and Development Manager in Hartford, CT is $169,300. Salary.com reports that pay typically ranges from $152,400 to $187,700, with most professionals earning between $137,013 and $204,452.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $187,700 | $15,642 | $3,610 | $90 |
| Average | $169,300 | $14,108 | $3,256 | $81 |
| 25th Percentile | $152,400 | $12,700 | $2,931 | $73 |
An entry-level Product Research and Development Manager with under 1 year experience makes about $161,335. With less than 2 years of experience, a mid-level Product Research and Development Manager makes around $162,086. After 2-4 years, the Product Research and Development Manager pay rises to about $163,838. Those senior Product Research and Development Manager with 5-8 years of experience earn roughly $165,840, and those Product Research and Development Manager having 8 years or more experience are expected to earn about $169,491 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Research and Development Manager | $161,335 |
| Intermediate Level Product Research and Development Manager | $162,086 |
| Senior Level Product Research and Development Manager | $163,838 |
| Specialist Level Product Research and Development Manager | $165,840 |
| Expert Level Product Research and Development Manager | $169,491 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 0% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Research and Development: Research and development (R&D, R+D, or R'n'D), known in Europe as research and technological development (RTD), refers to innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation of new products.
PowerPoint: A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.
| Skill | Salary | Demand |
|---|---|---|
|
People Management
|
$182,844 |
8%
|
|
New Product Development
|
$177,765 |
5%
|
|
Coaching
|
$177,765 |
5%
|
|
Flexibility
|
$177,765 |
5%
|
|
Innovation
|
$176,072 |
4%
|
|
Tableau
|
$176,072 |
4%
|
