How much does a New Product Development Manager make? The average New Product Development Manager salary is $85,645 as of October 28, 2020, but the salary range typically falls between $76,230 and $95,067. 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.
Salary range for a New Product Development Manager
$76,230 to $95,067
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What does a New Product Development Manager do?
New Product Development Manager
Demonstrated experience with continuous improvement activities relating to engineering and other business processes.
February 17, 2020
Developing an in-depth understanding of assigned franchise, associated technologies and supply chain to ensure sound decision making from project chartering, through design, development and implementation, resulting in market successful products and reliable, cost-effective supply.
March 14, 2020
Works with assigned contract administrator to review customer contracts and purchase orders for development programs to identify and clarify differences between the contract, purchase order, and the proposal.
April 02, 2020
Lead and/or participate in managing project integration, scope, time, costs, quality and communicate the status, risk and issues associated with each to the correct level(s) within the Project/Program structure and the organization to ensure that the Project/Program outcomes are achieved as defined, within budget and on time.
April 17, 2020
Understanding of cost accounting related to product development, must understand intermediate accounting terminology and practical usage such as budget adherence, forecasting, accruals, reversals, plan vs actuals, NPV, IRR, EBITDA, and Free Cash Flow.
April 30, 2020
Utilize the Crane New Product Development Seven Stage Gate process working closely with cross-functional, globally dispersed teams at every phase of the project.
May 14, 2020
Drive key performance indicators to all levels within the organization related to Quality Assurance and participate in making recommendations for necessary changes to enhance the business objectives.
June 03, 2020
New Product Development Manager Salary in Major Cities
This chart shows the salary comparison for New Product Development Manager between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for New Product Development Manager in each city.
New Product Development Manager Salary by State
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- District of Columbia
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New Product Development Manager Salary by City
Click to see the salary for New Product Development Manager in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $107,056 |
| Washington, DC | $95,340 |
| Miami, FL | $83,376 |
| Chicago, IL | $90,860 |
| Boston, MA | $96,496 |
| New York, NY | $103,031 |
| Dallas, TX | $85,088 |
If you'd like know New Product Development Manager Salary in other cities, then please select a city in
Average Salary Range for New Product Development Manager
Average Base Salary
Core compensation
76230
95067
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for New Product Development Manager in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of New Product Development Manager in the United States. The base salary for New Product Development Manager ranges from $76,230 to $95,067 with the average base salary of $85,645. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $77,793 to $98,747 with the average total cash compensation of $88,094.
View Average Salary for New Product Development Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $85,645 | $76,230 - $95,067 |
| Bonus | $2,449 | $1,563 - $3,680 |
| Total Pay | $88,094 | $77,793 - $98,747 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
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76230
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Comments about New Product Development Manager
What's the difference between New Product Development Research/Planning Manager and New Product Development Manager?
According to our latest salary estimation on October 28, 2020. The average salary of New Product Development Manager is $85,645, and the average salary of New Product Development Research/Planning Manager is $118,600. The average salary of New Product Development Research/Planning Manager is higher than New Product Development Manager. ( 2020-10-28 salary.com )
I am a New Product Development Manager, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for New Product Development Manager. a New Product Development Manager Salary in New Britain, CT is $92,497 as of October 28, 2020; a New Product Development Manager Salary in Barnstable, MA is $90,314 as of October 28, 2020. ( 2020-10-28 salary.com )
New Product Development Manager Frequently Asked Questions
Why does the salary of a New Product Development Manager vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for New Product Development Manager?
Salary ranges for a New Product Development Manager can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020