Salary Data

Product Development Manager Salary

How much does a Product Development Manager make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Product Development Manager

$139,305 (USD)/yr

$67 (USD)/hr

$9,751 (USD)/yr

$137,411 (USD)/yr

$66 (USD)/hr

$9,751 (USD)/yr

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.
The average product development manager salary in United States is $139,305 or an equivalent hourly rate of $67. In addition, they earn an average bonus of $9,751. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$96,510 (USD)

$173,463 (USD)

Education

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Salary Potential

$161,493 (USD)

16 %

Based on our compensation data, the estimated salary potential for Product Development Manager will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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