Product Development Directors

Product development directors earned an average salary of $140,747 in May 2025, according to PayScale.com. Salaries ranged from $95,000 to $187,000 or more. Job location and years of experience affect salary levels. Those with many years experience and who are employed in a large city usually receive top salaries. The Department of Labor does not provide data on product development directors but offers information on advertising, promotions, and marketing managers, who have some job overlap with product development directors. In May 2023, these workers earned a median salary of $131,870. The lowest paid 10 percent earned about $63,850 and the top paid 10 percent earned more than $239,200 per year.

Product development directors usually receive employment benefits such as paid vacation, holiday, and sick time; health insurance, and pension plans.