Top Product Development Executive Salary in Albion, Illinois

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Top Product Development Executive Salary in Albion, IL

How much does a Top Product Development Executive make in Albion, IL? The average Top Product Development Executive salary in Albion, IL is $280,819 as of May 28, 2024, but the range typically falls between $244,100 and $340,375. 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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Top Product Development Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Product Development Executive Salary $210,669 Albion,IL May 28, 2024
25th Percentile Top Product Development Executive Salary $244,100 Albion,IL May 28, 2024
50th Percentile Top Product Development Executive Salary $280,819 Albion,IL May 28, 2024
75th Percentile Top Product Development Executive Salary $340,375 Albion,IL May 28, 2024
90th Percentile Top Product Development Executive Salary $394,597 Albion,IL May 28, 2024
25% $244,100 10% $210,669 90% $394,597 75% $340,375 $280,819 50%(Median) Didn’t find job title? Click
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Check out Top Product Development Executive Job Openings in Albion, Illinois

Executive Director of Product Development

Precise Resource - Chicago, IL

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Director, Application Development

LendingPoint LLC - Kennesaw, GA

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Product Owner

Trinity Solar Careers - Iselin, NJ

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What skills does a Top Product Development Executive need?

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.

1.

Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.

2.

Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.

3.

Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

See More Skills
Innovation 6.06%
Product Marketing 1.82%
Mutual Fund 1.21%
Others 90.91%

What Should I Pay?

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Job Description for Top Product Development Executive

Top Product Development Executive provides leadership, vision, and strategy for new product development and product lifecycle management of existing products. Oversees research and concept development activities to innovate new products, product enhancements, and product redesign. Being a Top Product Development Executive conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Champions new product development and leads collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Additionally, Top Product Development Executive requires a bachelor's degree. Typically reports to top management. The Top Product Development Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Top Product Development Executive in Albion, IL
  • Precise Resource - Chicago, IL
    Executive Director of Product Development. Precise Resource, Inc. is a leading privately held Woman Business Enterprise specializing in Executive Search an...
    - 19 Days Ago
  • Kelola - Chicago, IL
    Hello jobseekers. On of our clients, an exciting start-up from Indonesia in the bitumen/asphalt industry is currently looking for a Sales Development Execu...
    - 1 Day Ago
  • LendingPoint LLC - Kennesaw, GA
    JOB SUMMARY: Responsible for leading and developing software systems and applications, creating software or products tailored to LendingPoint’s specific ne...
    - -143 Days Ago
  • Trinity Solar Careers - Iselin, NJ
    "You've worked for the rest...now work for the best. ". Trinity Solar...recognized by NJ Biz as one of the top 250 private companies in 2022. Trinity Solar...
    - -48 Days Ago
Those that have already made the climb...
Jeffrey Douglas, Senior Vice President and Chief Information Officer
POTBELLY CORP
Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc. and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Ill... More
Fiscal Year Ended in 2022
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Top Product Development Executive Pay Difference by Location

Top Product Development Executive salary varies from city to city. Compared with national average salary of Top Product Development Executive, the highest Top Product Development Executive salary is in San Francisco, CA, where the Top Product Development Executive salary is 25.0% above. The lowest Top Product Development Executive salary is in Miami, FL, where the Top Product Development Executive salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Top Product Development Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
244100
340375
280819

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
289804
467997
368128
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Top Product Development Executive in Albion, IL. The base salary for Top Product Development Executive ranges from $244,100 to $340,375 with the average base salary of $280,819. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $289,804 to $467,997 with the average total cash compensation of $368,128.
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244100
340375

 

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About Albion, Illinois    Albion is a city in and the county seat of Edwards County, Illinois, United States. The population was 1,988 at the 2010 census. The city was named "A....More

Albion, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Albion, Illinois

Top Product Development Executive Salary in popular cities: Chicago, Aurora, Rockford

Skills associated with Top Product Development Executive: Industry Analysis, Market Analysis, Product Optimization, Product Innovation ...More

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