HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Product Development Manager Average Salary in Russia 2024

How much money does a person working as Product Development Manager make in Russia?


Average Monthly Salary
148,000 RUB
( 1,770,000 RUB yearly)

LOW
70,900
RUB
AVERAGE
148,000
RUB
HIGH
232,000
RUB
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Product Development Manager in Russia typically earns around 148,000 RUB. Salaries range from 70,900 RUB (lowest) to 232,000 RUB (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Product Development Manager salaries in Russia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Product Development Manager Pay Scale and Salaries in Russia

Median and salary distribution Russia Product Development Manager monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/median-and-salary-distribution-monthly-russia-product-development-manager.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
138,000 RUB or more
10% of people earn
122,000 to 138,000 RUB
20% of people earn
85,500 RUB or less
65% of people earn
85,500 to 122,000 RUB
Minimum Salary
70,900 RUB
Median
139,000 RUB
Maximum
232,000 RUB




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Product Development Manager in Russia range from 70,900 RUB (starting salary) to 232,000 RUB (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 139,000 RUB, half of the professionals who work as Product Development Manager in Russia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Product Development Manager in Russia earn less than 113,000 RUB, while 75% earn more. Similarly, the chart shows that 75% earn less than 159,000 RUB while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Product Development Manager in Russia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 85,500 RUB to 122,000 RUB. About 20% of salaries are below the 85,500 RUB mark, while 10% fall within the range of 122,000 RUB to 138,000 RUB. Only 5% of individuals have salaries exceeding 138,000 RUB.

Salary Comparison by Years of Experience / Product Development Manager / Russia

How do experience and age affect pay?

0 - 2 Years
83,000 RUB
2 - 5 Years+42%
118,000 RUB
5 - 10 Years+31%
155,000 RUB
10 - 15 Years+23%
190,000 RUB
15 - 20 Years+6%
202,000 RUB
20+ Years+10%
222,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Russia Product Development Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/salary-comparison-by-years-of-experience-monthly-russia-product-development-manager.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Product Development Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 83,000 RUB.

While someone with an experience level between two and five years is expected to earn 118,000 RUB, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 155,000 RUB, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 190,000 RUB, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 202,000 RUB, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 222,000 RUB, 10% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Product Development Manager / Russia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Product Development Manager.

High School
103,000 RUB
Certificate or Diploma+16%
119,000 RUB
Bachelor's Degree+46%
174,000 RUB
Master's Degree+23%
214,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Russia Product Development Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/salary-comparison-by-education-level-monthly-russia-product-development-manager.jpg

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Product Development Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 103,000 RUB.


Level 2: Certificate or Diploma

At this level, the average salary becomes 119,000 RUB, 16% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 174,000 RUB, 46% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 214,000 RUB, 23% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Russia costs anywhere from 521,000 RUB to 1,560,000 RUB and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Product Development Manager / Russia

Salary comparison by gender Russia Product Development Manager monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/salary-comparison-by-gender-monthly-russia-product-development-manager.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Product Development Manager in Russia, the average difference between the salary of male and female employees is 6%.

Male
153,000 RUB
Female-6%
144,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Russia for all Careers

Salary comparison by gender monthly Russia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/salary-comparison-by-gender-monthly-russia.jpg


Average Annual Salary Increment Percentage / Product Development Manager / Russia

How much are annual salary increments in Russia for individuals working as Product Development Manager? How often do employees get salary raises?

Individuals working as Product Development Manager in Russia are likely to observe a salary increase of approximately 13% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Russia Product Development Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/annual-salary-increment-rate-russia-product-development-manager.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Russia / All Professions

Annual Salary Increment Rate Russia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/annual-salary-increment-rate-russia.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Russia is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Product Development Manager / Russia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Russia Product Development Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/executive-and-management/product-development-manager/annual-salary-bonus-rate-russia-product-development-manager.jpg

17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
83%
No Bonus
17%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Product Development Manager / Russia


850 RUB per hour

The average hourly wage (pay per hour) for individuals working as Product Development Manager in Russia is 850 RUB.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Product Development Manager in Russia is 410 RUB. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator92,000 RUB-38%
Account Director112,000 RUB-24%
Account Executive120,000 RUB-19%
Account Manager113,000 RUB-24%
Administration Manager114,000 RUB-23%
Administration Officer59,800 RUB-60%
Administration Supervisor91,400 RUB-38%
Administrative Clerk43,800 RUB-70%
Administrative Officer42,900 RUB-71%
Area Director101,000 RUB-32%
Area Manager109,000 RUB-26%
Asset Protection Associate118,000 RUB-20%
Assistant Director120,000 RUB-19%
Assistant General Manager126,000 RUB-15%
Assistant Manager130,000 RUB-12%
Assistant Managing Director131,000 RUB-11%
Assistant Operations Manager134,000 RUB-9%
Assistant Project Manager114,000 RUB-23%
Assistant Section Head100,000 RUB-32%
Assistant to CEO109,000 RUB-26%
Assistant Vice President126,000 RUB-15%
Associate Account Director119,000 RUB-19%
Associate Director117,000 RUB-21%
Bid Manager128,000 RUB-13%
Branch Manager126,000 RUB-15%
Business Development Manager151,000 RUB+2%
Business Operations Associate117,000 RUB-21%
Business Operations Lead118,000 RUB-20%
Campaign Manager126,000 RUB-15%
Catering Coordinator72,700 RUB-51%
Catering Manager111,000 RUB-25%
CEO226,000 RUB+53%
Chairman of The Board227,000 RUB+54%
Chairman Office Manager146,000 RUB-1%
Chief Commercial Officer157,000 RUB+6%
Chief Corporate Officer186,000 RUB+26%
Chief Digital Officer152,000 RUB+3%
Chief Digital Strategy Officer168,000 RUB+14%
Chief Digital Transformation Officer153,000 RUB+4%
Chief Ethics Officer134,000 RUB-9%
Chief Executive Officer216,000 RUB+46%
Chief Financial Officer202,000 RUB+37%
Chief Investment Officer164,000 RUB+11%
Chief of Staff99,900 RUB-32%
Chief Operating Officer176,000 RUB+19%
Chief Privacy Officer137,000 RUB-7%
Chief Resilience Officer159,000 RUB+8%
Chief Risk Officer148,000 RUB+0%
Chief Strategy Officer185,000 RUB+25%
Chief Trust and Safety Officer136,000 RUB-8%
Client Account Manager129,000 RUB-13%
Client Accounts Officer117,000 RUB-21%
Client Services Manager150,000 RUB+2%
Commercial Director148,000 RUB+0%
Commercial Manager132,000 RUB-11%
Commercial Project Manager127,000 RUB-14%
Commodity Broker91,500 RUB-38%
COO166,000 RUB+12%
Corporate Affairs Executive137,000 RUB-7%
Corporate Compliance Director149,000 RUB+1%
Corporate Director153,000 RUB+4%
Corporate Officer105,000 RUB-29%
Corporate Partnerships Officer109,000 RUB-26%
Country Manager181,000 RUB+23%
Department Head139,000 RUB-6%
Department Manager137,000 RUB-7%
Department Supervisor115,000 RUB-22%
Deputy Director155,000 RUB+5%
Deputy Manager164,000 RUB+11%
Director171,000 RUB+16%
Director of Accreditation142,000 RUB-4%
Director of Catering Services138,000 RUB-7%
Director of Client Services142,000 RUB-4%
Director of Facilities Management124,000 RUB-16%
Director of Operations150,000 RUB+2%
Director of Process Simplification115,000 RUB-22%
Director of Product Management145,000 RUB-2%
Director of Project Management152,000 RUB+3%
Director of Revenue Management140,000 RUB-5%
Director of Training and Development140,000 RUB-5%
Distribution Manager146,000 RUB-1%
Division Manager132,000 RUB-11%
Duty Manager130,000 RUB-12%
Engagement Manager156,000 RUB+6%
Executive Director228,000 RUB+54%
Executive Manager179,000 RUB+21%
Franchise Manager198,000 RUB+34%
General Manager177,000 RUB+20%
Generational Consultant115,000 RUB-22%
Global Master Data Manager152,000 RUB+3%
Global Technical Lead105,000 RUB-29%
Head of Investment151,000 RUB+2%
Head of Middle Office140,000 RUB-5%
Head of Projects146,000 RUB-1%
Head of Strategy174,000 RUB+18%
Head of Supply Chain139,000 RUB-6%
Head of Sustainability125,000 RUB-15%
Housing Manager114,000 RUB-23%
HSE Manager121,000 RUB-18%
Innovation Manager127,000 RUB-14%
Key Account Manager130,000 RUB-12%
Knowledge Manager143,000 RUB-3%
Location Manager140,000 RUB-5%
Logistics Executive118,000 RUB-20%
Logistics Manager116,000 RUB-21%
Management Consultant117,000 RUB-21%
Management Executive158,000 RUB+7%
Manager152,000 RUB+3%
Managing Director174,000 RUB+18%
MIS Executive146,000 RUB-1%
Ocean Services Manager160,000 RUB+8%
Online Business Manager207,000 RUB+40%
Operational Manager156,000 RUB+6%
Operations Analyst138,000 RUB-7%
Operations Assistant109,000 RUB-26%
Operations Director164,000 RUB+11%
Operations Executive160,000 RUB+8%
Operations Manager166,000 RUB+12%
Operations Supervisor139,000 RUB-6%
Planning Director166,000 RUB+12%
PMO Manager134,000 RUB-9%
Policy Administration Executive129,000 RUB-13%
Private Sector Executive136,000 RUB-8%
Product Development Manager148,000 RUB+0%
Product Executive126,000 RUB-15%
Production Executive155,000 RUB+5%
Production Manager152,000 RUB+3%
Production Supervisor130,000 RUB-12%
Program Director150,000 RUB+2%
Program Manager150,000 RUB+2%
Programme Coordinator111,000 RUB-25%
Project Control Manager157,000 RUB+6%
Project Coordinator94,300 RUB-36%
Project Management Officer104,000 RUB-30%
Project Manager113,000 RUB-24%
Project Portfolio Manager115,000 RUB-22%
Quality Manager119,000 RUB-19%
R/D Director135,000 RUB-9%
Regional Director198,000 RUB+34%
Regional Manager156,000 RUB+6%
Relationship Manager155,000 RUB+5%
Retail District Manager104,000 RUB-30%
Revenue Manager116,000 RUB-21%
Risk and Capital Manager165,000 RUB+12%
Risk Officer119,000 RUB-19%
Safety Manager115,000 RUB-22%
Section Head115,000 RUB-22%
Service Manager122,000 RUB-17%
Shift Supervisor93,200 RUB-37%
Solutions Manager106,000 RUB-28%
Supervisor94,400 RUB-36%
Supply Chain Manager156,000 RUB+6%
Surveyor107,000 RUB-28%
Technical Director142,000 RUB-4%
Technical Manager138,000 RUB-7%
Territory Manager152,000 RUB+3%
Validation Manager133,000 RUB-10%
Vice President181,000 RUB+23%
Zone Manager153,000 RUB+4%

Salary Comparison By City

CityAverage Salary
Moscow183,000 RUB
Saint Petersburg174,000 RUB

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Russia is 6% on average across all career fields.

Private Sector
101,000 RUB
Public Sector+6%
108,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Product Development Manager in Russia?

A good and competitive compensation would range anywhere between 139,000 RUB and 159,000 RUB. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Product Development Manager in Russia ranges from 70,900 RUB to 113,000 RUB. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic

©Salary Explorer 2024