Home > Salary > Israel > Product Development Manager
A Product Development Manager is responsible for overseeing the entire process of developing new products or improving existing ones. They collaborate with cross-functional teams, including marketing, engineering, design, and manufacturing, to ensure the successful launch of products that meet customer needs and align with company goals. The role involves conducting market research, identifying consumer trends, and analyzing competitor products to generate innovative ideas for product development. Product Development Managers also create project plans, set timelines, and manage budgets to ensure timely and cost-effective product launches. They coordinate with various stakeholders to gather requirements, provide feedback, and make necessary modifications throughout the development cycle. Additionally, they monitor product performance, analyze customer feedback, and identify areas for improvement to enhance product quality and customer satisfaction.
Estimated Yearly Salary: 373,196 ILS
Estimated Monthly Salary: 31,100 ILS
Estimated Weekly Salary: 7,177 ILS per week
Estimated Hourly Salary: 179 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 29,983 ILS
Estimated Weekly Salary: 6,919 ILS per week
Estimated Hourly Salary: 173 ILS per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 93,081 USD
Estimated Monthly Salary: 7,757 USD
Estimated Weekly Salary: 1,790 USD per week
Estimated Hourly Salary: 45 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 373,196 ILS
Estimated Monthly Salary: 31,100 ILS
Estimated Weekly Salary: 7,177 ILS per week
Estimated Hourly Salary: 179 ILS per hour
By working as Product Development Manager a person can save up to 5,571 USD per month or 66,849 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Product Development Manager
Last revision of data: 2025-01-04
Data as of 2025
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Product Development Manager salary in Israel
Average Yearly Salary of Product Development Manager in Israel is approximately 373,196 ILS (93,081 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 Manager do?
A Product Development Manager is responsible for overseeing the entire process of developing new products or improving existing ones. They collaborate with cross-functional teams, including marketing, engineering, design, and manufacturing, to ensure the successful launch of products that meet customer needs and align with company goals. The role involves conducting market research, identifying consumer trends, and analyzing competitor products to generate innovative ideas for product development. Product Development Managers also create project plans, set timelines, and manage budgets to ensure timely and cost-effective product launches. They coordinate with various stakeholders to gather requirements, provide feedback, and make necessary modifications throughout the development cycle. Additionally, they monitor product performance, analyze customer feedback, and identify areas for improvement to enhance product quality and customer satisfaction.
Skills: Product Development Manager, New Product Development, Innovation, Project Management, Market Research, Product Launch
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Development Manager make?
Salary details
How much does Product Development Manager make?Estimated Yearly Salary: 373,196 ILS
Estimated Monthly Salary: 31,100 ILS
Estimated Weekly Salary: 7,177 ILS per week
Estimated Hourly Salary: 179 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 359,792 ILSEstimated Monthly Salary: 29,983 ILS
Estimated Weekly Salary: 6,919 ILS per week
Estimated Hourly Salary: 173 ILS per hour
Last revision of data: 2024-01-05Product Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 93,081 USD
Estimated Monthly Salary: 7,757 USD
Estimated Weekly Salary: 1,790 USD per week
Estimated Hourly Salary: 45 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Product Development Manager in Israel earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Product Development Manager in Israel earns on average:
1.93 times the average salary (or 193% of average salary).
Is Product Development Manager a well paid job?
Yes, our data shows that Product Development Manager is a 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 Manager?
High salary for Product Development Manager would be somewhere between 410,516 ILS and 541,134 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Development Manager in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 373,196 ILS
Estimated Monthly Salary: 31,100 ILS
Estimated Weekly Salary: 7,177 ILS per week
Estimated Hourly Salary: 179 ILS per hour
By working as Product Development Manager a person can save up to 5,571 USD per month or 66,849 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. 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 Manager
Lebanon is 14,121 USD
Syria is 6,227 USD
Jordan is 16,221 USD
Egypt is 6,981 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
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7. Urologist
(1,734,638 ILS per year, pre-tax.)
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9. Oncologist
(1,729,727 ILS per year, pre-tax.)
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Data as of 2025Random salary:
National account specialist (237,461 ILS per year, pre-tax.)
Session musician (169,890 ILS per year, pre-tax.)
Town clerk (111,973 ILS per year, pre-tax.)
Fund accounting supervisor (290,258 ILS per year, pre-tax.)
Director of web content management (283,795 ILS per year, pre-tax.)
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