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Vice President Product Development
$182,061 (USD)/yr
$87.53 (USD)/hr
$15,584 (USD)/yr
The average vice president product development gross salary in Minneapolis, Minnesota is $182,061 or an equivalent hourly rate of $88. This is 3% higher (+$4,817) than the average vice president product development salary in the United States. In addition, they earn an average bonus of $15,584. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Minneapolis, Minnesota. An entry level vice president product development (1-3 years of experience) earns an average salary of $125,205. On the other end, a senior level vice president product development (8+ years of experience) earns an average salary of $227,258.
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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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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Salary Potential
$204,503 (USD)
12 %
Based on our compensation data, the estimated salary potential for Vice President Product Development will increase 12 % over 5 years.
Most Popular Skills for Vice President Product Development
Education
This chart displays the highest level of education for:
Vice President Product Development, the majority at 45% with bachelors.
Typical Field of Study: Research and Development Management
See how education can impact your salary
Salary Difference by Location
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City Overview
The cost of living in Minneapolis, Minnesota is 13% more than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageMinneapolis, officially the City of Minneapolis, is a city in the state of Minnesota and the county seat of Hennepin County. With a population of 429,954, it is the state's most populous city as of the 2020 census. It occupies both banks of the Mississippi River and adjoins Saint Paul, the state capital of Minnesota. Minneapolis, Saint Paul, and the surrounding area are collectively known as the Twin Cities, a metropolitan area with 3.69 million residents. Minneapolis is built on an artesian aquifer...
Sourced from Wikipedia
Job Description
Oversees user acquisition, product development, and vendor partnerships for new business designs. Takes advantage of emerging market opportunities by implementing roadmaps, operational requirements, and business and governance structure. Assesses project performance and productivity and identifies risks. Develops the product development process utilizing agile scrum techniques that enable consistent performance improvements. Evaluates the product roadmap and assures it is aligned with... business and customer needs. Collaborates with key stakeholders on the business development and customer teams to maximize the ROI of every potential product. Invests in quality assurance by setting up quality assurance teams, labs, and processes, and building management programs.
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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.
Most Popular Skills for Vice President Product Development
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