Product Development Director

14.754.590 ISK (ISK)/yr

7.093,55 ISK (ISK)/hr

1.262.993 ISK (ISK)/yr

The average product development director gross salary in Iceland is 14.754.590 ISK or an equivalent hourly rate of 7.094 ISK. In addition, they earn an average bonus of 1.262.993 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level product development director (1-3 years of experience) earns an average salary of 10.173.585 ISK. On the other end, a senior level product development director (8+ years of experience) earns an average salary of 18.465.960 ISK.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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18.866.908 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Product Development Director will increase 28 % over 5 years.

This chart displays the highest level of education for:
Product Development Director, the majority at 36% with bachelors.

Typical Field of Study: Research and Development Management

See how education can impact your salary

Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Oversees the product development strategy and execution, ensuring alignment with the company's overall objectives and market demands. Heads and manages a team of product managers, designers, and developers, providing mentorship and resource allocation for successful product development. Handles the product lifecycle from concept to launch, including design, development, testing, and post-launch analysis. Ensures the timely delivery of products within the... established budget. Collaborates with the research and development team to drive innovation, research, and the integration of new technologies and creative solutions into product designs. Works with internal departments to align product development with company goals and market demands. Sets product standards, confirms products meet quality benchmarks and customer expectations, and supervises product testing processes. Conducts market analysis to identify opportunities for new products and enhancements to existing ones. Identifies risks in the product development process and implements strategies to mitigate product and development issues. Contributes to the success of the company's product portfolio, combining technical knowledge, leadership skills, and business acumen. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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