Product Development Manager 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 Product Development Manager in Chicago, Illinois

The average salary of a(n) Product Development Manager in Chicago, Illinois is $132,202.

The average hourly rate of a(n) Product Development Manager in Chicago, Illinois is $63.56.

The average bonus of a(n) Product Development Manager in Chicago, Illinois is $9,254.00.

Job Description:

Manages, coordinates, and provides strategic planning of activities concerned with research and development of new or improved concepts, ideas, basic data on, and applications for organization's products, services, or ideologies including engineering research and development programs. Oversees the research, identification, evaluation, and initial development of new products or services. Plans and formulates aspects of research and development proposals, such as objective or purpose of projects, applications that can be utilized from findings, cost of projects, and equipment and manpower requirements. Reviews and analyzes proposals submitted to determine if benefits derived and possible applications justify expenditures. Submits proposals considered feasible to management for consideration and recommends allocation of funds from department budget. Monitors 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. Reports revenue and profitability to upper management. Keeps current on competitors' products and services. May be responsible for the overall implementation of new products or services and/or improvement of existing products or services. May engage market research firms to perform studies. Less

Manages, coordinates, and provides strategic planning of activities concerned with research and development of new or improved concepts, ideas, basic data on, and applications for organization's products, services, or ideologies including engineering research and development programs. Oversees the research, identification,... More

How helpful is this page?

Are you a(n) Product Development Manager?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Chicago, Illinois

View Salaries for Product Development Manager in Other Cities

Job Openings by Indeed job search

Results for Product Development Manager in Chicago, Illinois

Product Manager - RM Planing Development and Science - Chicago, IL

United Airlines

Product Manager - RM Planning Development and Science. Define problems and plans in ways that can be solved using quantitative techniques and implemented...

View job on Indeed.com

Technical Product Manager - Chicago, IL

iLoan, a Springleaf brand

Experience as a product manager in a fast-paced technology oriented company, with product ownership from idea to execution....

View job on Indeed.com

New Product Development Manager - Chicago, IL

WunderLand Group

New Product Development Manager. As the New Product Development Manager, you will:. Qualified New Product Development Managers will bring a combination of...

View job on Indeed.com

Supvr, Clinical Hlth Svc - Chicago, IL

Aetna

Works closely with functional area managers to ensure consistency in clinical interventions supporting our members....

View job on Indeed.com

Mobile Product Manager - Chicago, IL

ParkWhiz LLC

3-5 years experience in product development, can work effectively within agile frameworks and understands how to deliver clear requirements to a development...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x