How much does a Product Development Director make in Chicago, IL? The average Product Development Director salary in Chicago, IL is $186,290 as of October 28, 2020, but the range typically falls between $166,343 and $206,880. 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.
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 2020 Salary.com)... View full job description
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Fiscal Year Ended in 2019
What does a Product Development Director do?
Product Development Director in Arlington, VA
Contributes to team effort by accomplishing related results as needed.
February 28, 2020
Implement innovative strategies to position MOD for short and long-term revenue growth including the diversification of the partner industry portfolio and comprehensive solicitations across multiple funding channels.
March 07, 2020
Completes operational requirements by scheduling and assigning employees.
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 Chicago, IL. The base salary for Product Development Director ranges from $166,343 to $206,880 with the average base salary of $186,290. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $183,050 to $241,566 with the average total cash compensation of $207,978.