Director Product Development Salary in Chicago, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Director Product Development in Chicago, Illinois

The average salary of a(n) Director Product Development in Chicago, Illinois is $159,408.

The average hourly rate of a(n) Director Product Development in Chicago, Illinois is $76.64.

The average bonus of a(n) Director Product Development in Chicago, Illinois is $13,645.00.

Job Description:

Directs, coordinates, and administers the planning, research, and development function improving existing or creating new products, processes, services, ideologies, territorial expansion, and/or development of new ventures for an organization. Plans and develops aspects of research and development proposals, such as objective or purpose of project, applications that can be utilized from findings, costs of project, and equipment and human resource requirements. Reviews and analyzes proposals submitted to determine if benefits derived and possible applications justify expenditures. Submits proposals considered feasible to management for further consideration and recommends allocation of funds to support them. Develops and implements methods and procedures for monitoring projects, such as preparation of records of expenditures and research findings, progress reports, and staff conferences, in order to inform management of current status of each project. Conducts testing and pilot runs for new or improved products or services. Prepares reports on progress and recommends the addition, expansion, or discontinuance of projects. Prepares and administers research and development budget. May recruit, hire, and train department staff, evaluate staff performance, and develop goals and objectives for staff. May negotiate contracts with consulting firms to perform research studies. Less

Directs, coordinates, and administers the planning, research, and development function improving existing or creating new products, processes, services, ideologies, territorial expansion, and/or development of new ventures for an organization. Plans and develops aspects of research and development proposals, such as... More

How helpful is this page?

Are you a(n) Director Product Development?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Chicago, Illinois

View Salaries for Director Product Development in Other Cities

Job Openings by Indeed job search

Results for Director Product Development in Chicago, Illinois

Director, Product Delivery - Chicago, IL

Vizient, Inc.

Director, Product Delivery. Work with product owners and development teams to ensure appropriate operations are in place to support new products and data...

View job on Indeed.com

Dir, Business Development - Digital Label Solutions - Chicago, IL

Konica Minolta US

Is currently seeking a Director of Business Development. Assist in the development and deployment of. 10 years of solid experience in a related field or...

View job on Indeed.com

Director of Product - Lisle, IL

Aquilon Energy Services, Inc.

Reporting into the CEO, the Director of Product will lead the Product department and be responsible for leading ESN’s flagship product line as well as other...

View job on Indeed.com

Vibes - Director of Product - Chicago, IL

Illinois Technology Association

We are seeking a passionate, experienced product leader capable of guiding Vibes’ Product vision and team during our next chapter of growth....

View job on Indeed.com

Product Development Marketing Director - Chicago, IL

Chubb

The Product Development Marketing Director is responsible for leading product development efforts for existing supplemental insurance products, in the U.S....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x