How much does a Product Development Director make in the United States? The average Product Development Director salary in the United States is $171,777 as of November 25, 2019, but the range typically falls between $153,385 and $190,762. 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.
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Product Development Director oversees and implements product development policies, objectives, and initiatives. Leads research for new products, product enhancements, and product redesign. Being a Product Development Director evaluates the potential and practicality of products in development. Requires a bachelor's degree. Additionally, Product Development Director demonstrates expertise in a variety of the field's concepts, practices, and procedures. Typically reports to top management. The Product Development Director 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. To be a Product Development Director typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Development Director in the United States. The base salary for Product Development Director ranges from $153,385 to $190,762 with the average base salary of $171,777. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $168,793 to $222,745 with the average total cash compensation of $191,778.