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Last updated: November 10, 2024
Product Development Director Salary
in Vincennes, Indiana
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$152,724 (USD)
Average Salary
$73/hr
Average Hourly
$13,073
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Product Development Director is $152,724 a year and $73 an hour in Vincennes, Indiana, United States. The average salary range for a Product Development Director is between $103,241 and $187,392. On average, a Bachelor's Degree is the highest level of education for a Product Development Director. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Vincennes, Indiana.
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
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$171,549
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Vincennes, Indiana
Vincennes Cost of Living Score:
Description:
Vincennes is a city in, and the county seat of, Knox County, Indiana, United States. It is located on the lower Wabash River in the southwestern part of the state, nearly halfway between Evansville and Terre Haute. It was founded in 1732 by French fur traders, including the namesake François-Marie Bissot, Sieur de Vincennes. It is the oldest continually inhabited European settlement in Indiana and was its longest serving territorial capital. It is one of the oldest settlements west of the Appalachians. The population was 16,759 at the 2020 census.
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.
Product Development Director Job Listings for
No listings found
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Salary Recap
The average pay for a Product Development Director is $152,724 a year and $73 an hour in Vincennes, Indiana, United States. The average salary range for a Product Development Director is between $103,241 and $187,392. On average, a Bachelor's Degree is the highest level of education for a Product Development Director. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Vincennes, Indiana.
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
Product Development Director Job Prevalence in the United States
Job family: General and Operations Managers
Job family population: 3,507,810
Estimated population of Product Development Director jobs: 63,842
Rate of error: 0.4%
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 Vincennes, Indiana
Vincennes Cost of Living Score:
Description:
Vincennes is a city in, and the county seat of, Knox County, Indiana, United States. It is located on the lower Wabash River in the southwestern part of the state, nearly halfway between Evansville and Terre Haute. It was founded in 1732 by French fur traders, including the namesake François-Marie Bissot, Sieur de Vincennes. It is the oldest continually inhabited European settlement in Indiana and was its longest serving territorial capital. It is one of the oldest settlements west of the Appalachians. The population was 16,759 at the 2020 census.
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.
Product Development Director Job Listings for
No listings found
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 October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More