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The differences between senior directors, product development and vice presidents product development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior director, product development and a vice president product development. Additionally, a vice president product development has an average salary of $168,835, which is higher than the $160,980 average annual salary of a senior director, product development.
The top three skills for a senior director, product development include project management, product development and digital marketing. The most important skills for a vice president product development are product development, R, and analytics.
| Senior Director, Product Development | Vice President Product Development | |
| Yearly salary | $160,980 | $168,835 |
| Hourly rate | $77.39 | $81.17 |
| Growth rate | 10% | 10% |
| Number of jobs | 160,867 | 180,783 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 71% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior director of product development spearheads and oversees the product development operations of a company. They have the responsibility to manage product development teams, set goals, establish guidelines and timelines, liaise with key external parties, coordinate managers, and address issues and concerns, resolving them efficiently. They also have the authority to come up with decisions and delegate responsibilities among teams and staff. Moreover, as a senior director, product development, it is essential to implement policies and regulations, developing new ones that support the company's needs, vision, and mission.
A vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
Senior directors, product development and vice presidents product development have different pay scales, as shown below.
| Senior Director, Product Development | Vice President Product Development | |
| Average salary | $160,980 | $168,835 |
| Salary range | Between $107,000 And $241,000 | Between $109,000 And $259,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Genentech | |
| Best paying industry | Media | Technology |
There are a few differences between a senior director, product development and a vice president product development in terms of educational background:
| Senior Director, Product Development | Vice President Product Development | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior directors, product development' and vice presidents product development' demographics:
| Senior Director, Product Development | Vice President Product Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 71.2% Female, 28.8% | Male, 78.1% Female, 21.9% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |