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Last updated: April 19, 2024
Director Product Development Salary
in Nevada, United States
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$168,086 (USD)
Average Salary
$81/hr
Average Hourly
$14,388
Average Bonus
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Last updated: April 19, 2024
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Salary Recap
The average pay for a Director Product Development is $168,086 a year and $81 an hour in Nevada, United States. The average salary range for a Director Product Development is between $113,626 and $206,242. On average, a Bachelor's Degree is the highest level of education for a Director Product Development. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Nevada, United States.
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.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$188,805
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Nevada, United States
Nevada Cost of Living Score:
Description:
Nevada ( nə-VAD-ə, -VAH-, Spanish: [neˈβaða]) is a landlocked state in the Western region of the United States. It borders Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, the 32nd-most populous, and the 9th-least densely populated of the U.S. states. Nearly three-quarters of Nevada's people live in Clark County, which contains the Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City. Las Vegas is the largest city in the state...
Job Summary
Description:
- 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.
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Salary Recap
The average pay for a Director Product Development is $168,086 a year and $81 an hour in Nevada, United States. The average salary range for a Director Product Development is between $113,626 and $206,242. On average, a Bachelor's Degree is the highest level of education for a Director Product Development. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Nevada, United States.
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.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Director Product Development Job Prevalence in the United States
Job family: General and Operations Managers
Job family population: 3,376,680
Estimated population of Director Product Development jobs: 61,456
Rate of error: 0.3%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Nevada, United States
Nevada Cost of Living Score:
Description:
Nevada ( nə-VAD-ə, -VAH-, Spanish: [neˈβaða]) is a landlocked state in the Western region of the United States. It borders Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, the 32nd-most populous, and the 9th-least densely populated of the U.S. states. Nearly three-quarters of Nevada's people live in Clark County, which contains the Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City. Las Vegas is the largest city in the state...
Job Summary
Description:
- 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.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More