Management

Head of product development

Net monthly salary for Bosnia and Herzegovina is

An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:

1,430 - 6,184 BAM

10% earn less lthan 1,430 BAM

10% earns more than 6,184 BAM

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Plata.ba salary survey, 80% of people on the Head of product development position in the Bosnia and Herzegovina earn between 1,430 BAM and 6,184 BAM monthly net.

10% of employees earn less than 1,430 BAM and 10% of people earn more than 6,184 BAM.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Define and drive the product development strategy aligned with the company's overall goals and market trends.
Lead and mentor a diverse team of product managers, designers, engineers, and other specialists to ensure collaboration, creativity, and efficient project execution.
Foster a culture of innovation by encouraging the generation of new product ideas, features, and improvements based on customer feedback and industry insights.
Develop and maintain a comprehensive product roadmap that outlines key milestones, timelines, and resource allocation for the entire product development lifecycle.
Collaborate closely with marketing, sales, operations, and other departments to gather input, align strategies, and ensure successful product launches.
Oversee the quality control process, ensuring that products meet or exceed customer expectations and adhere to relevant quality standards.
Identify potential risks and challenges in product development, implementing mitigation strategies to minimize disruptions and delays.
Stay informed about market trends, competitive landscape, and customer preferences to inform product strategies and enhance market positioning.
Manage the product development budget, making informed decisions to optimize resource allocation and maximize return on investment.
Establish and track key performance indicators (KPIs) related to product development, using data-driven insights to continuously improve processes and outcomes.

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The most common career path of an employee

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Position Head of product development - Management in the labour market

In the salary ranking,
the job position takes

11. place

Women representation in position

Average age of respondent by position

520. place

Cleaner

General labour

700 - 1,382 BAM

12. place

Division Manager

Banking

1,476 - 5,837 BAM

11. place

Head of product development

Management

1,430 - 6,184 BAM

10. place

Sales Director

Top Management

1,809 - 6,429 BAM

1. place

Country Manager/Director

Top Management

2,362 - 7,929 BAM

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Data for salary decisions

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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