Home > Salary > Ecuador > Product Development Director
A Product Development Director is responsible for overseeing the entire lifecycle of a product, from its conceptualization to its launch. They lead a team of professionals in developing and implementing strategies to bring innovative products to market, ensuring they meet customer needs and align with company goals. This role involves conducting market research, identifying trends, and analyzing consumer insights to drive product development decisions. The Product Development Director collaborates with cross-functional teams, including design, engineering, marketing, and sales, to ensure the successful execution of product plans. They also manage budgets, timelines, and resources, while monitoring project progress and making necessary adjustments. A strong focus on product quality, competitive analysis, and staying up-to-date with industry advancements is crucial. The ultimate goal is to deliver high-quality products that generate revenue and maintain a competitive edge in the market.
Estimated Yearly Salary: 425,846,584 ECS
Estimated Monthly Salary: 35,487,215 ECS
Estimated Weekly Salary: 8,189,357 ECS per week
Estimated Hourly Salary: 204,734 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 34,351,621 ECS
Estimated Weekly Salary: 7,927,297 ECS per week
Estimated Hourly Salary: 198,182 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 15,066 USD
Estimated Monthly Salary: 1,256 USD
Estimated Weekly Salary: 290 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 425,846,584 ECS
Estimated Monthly Salary: 35,487,215 ECS
Estimated Weekly Salary: 8,189,357 ECS per week
Estimated Hourly Salary: 204,734 ECS per hour
By working as Product Development Director a person can save up to 1,003 USD per month or 12,037 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Product Development Director
Last revision of data: 2025-01-04
Data as of 2025
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Product Development Director salary in Ecuador
Average Yearly Salary of Product Development Director in Ecuador is approximately 425,846,584 ECS (15,066 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Product Development Director do?
A Product Development Director is responsible for overseeing the entire lifecycle of a product, from its conceptualization to its launch. They lead a team of professionals in developing and implementing strategies to bring innovative products to market, ensuring they meet customer needs and align with company goals. This role involves conducting market research, identifying trends, and analyzing consumer insights to drive product development decisions. The Product Development Director collaborates with cross-functional teams, including design, engineering, marketing, and sales, to ensure the successful execution of product plans. They also manage budgets, timelines, and resources, while monitoring project progress and making necessary adjustments. A strong focus on product quality, competitive analysis, and staying up-to-date with industry advancements is crucial. The ultimate goal is to deliver high-quality products that generate revenue and maintain a competitive edge in the market.
Skills: Product Development, Innovation, Market Research, Project Management, Cross-functional Collaboration, Competitive Analysis
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Development Director make?
Salary details
How much does Product Development Director make?Estimated Yearly Salary: 425,846,584 ECS
Estimated Monthly Salary: 35,487,215 ECS
Estimated Weekly Salary: 8,189,357 ECS per week
Estimated Hourly Salary: 204,734 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 412,219,451 ECSEstimated Monthly Salary: 34,351,621 ECS
Estimated Weekly Salary: 7,927,297 ECS per week
Estimated Hourly Salary: 198,182 ECS per hour
Last revision of data: 2024-01-09Product Development Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,066 USD
Estimated Monthly Salary: 1,256 USD
Estimated Weekly Salary: 290 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Director job salary compared to average salary in Ecuador.
Comparison shows that a person working as Product Development Director in Ecuador earns on average:
2.6 times the average salary (or 260% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Director job salary compared to average salary in Ecuador.
Comparison shows that a person working as Product Development Director in Ecuador earns on average:
2.6 times the average salary (or 260% of average salary).
Is Product Development Director a well paid job?
Yes, our data show that Product Development Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Product Development Director?
High salary for Product Development Director would be somewhere between 468,431,242 ECS and 617,477,547 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Development Director in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 425,846,584 ECS
Estimated Monthly Salary: 35,487,215 ECS
Estimated Weekly Salary: 8,189,357 ECS per week
Estimated Hourly Salary: 204,734 ECS per hour
By working as Product Development Director a person can save up to 1,003 USD per month or 12,037 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Product Development Director
Colombia is 15,520 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
National sales assistant (67,974,590 ECS per year, pre-tax.)
Robotics technician (130,929,976 ECS per year, pre-tax.)
Dog house sitter (90,027,327 ECS per year, pre-tax.)
Event planner (147,296,223 ECS per year, pre-tax.)
Telecommunications network engineer (281,946,683 ECS per year, pre-tax.)
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