As of January 01, 2025, the average annual salary for a Product Development Director in Westland, MI is $209,060. According to Salary.com, salaries can range from a low of $161,459 to a high of $262,224, with most professionals earning between $184,144 and $236,888.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $233,848 | $19,487 | $4,497 | $112 |
| Average | $206,377 | $17,198 | $3,969 | $99 |
| 25th Percentile | $181,781 | $15,148 | $3,496 | $87 |
An entry-level Product Development Director with under 1 year experience makes about $192,321. With less than 2 years of experience, a mid-level Product Development Director makes around $194,535. After 2-4 years, the Product Development Director pay rises to about $197,487. Those senior Product Development Director with 5-8 years of experience earn roughly $201,177, and those Product Development Director having 8 years or more experience are expected to earn about $204,867 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Development Director | $192,321 |
| Intermediate Level Product Development Director | $194,535 |
| Senior Level Product Development Director | $197,487 |
| Specialist Level Product Development Director | $201,177 |
| Expert Level Product Development Director | $204,867 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
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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.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.
| Skill | Salary | Demand |
|---|---|---|
|
E- Commerce
|
$225,785 |
8%
|
|
Empathy
|
$221,604 |
6%
|
|
Payment Processing
|
$221,604 |
6%
|
|
Fintech
|
$221,604 |
6%
|
|
Scrum
|
$219,513 |
5%
|
|
B2B
|
$219,513 |
5%
|
