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Average netto salary for this position in Lithuania is
2,000
3,000
 
10% earn less 1,806 EUR
10% earns more 3,661 EUR
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Displayed value presents basic salary in the whole country. Salary amount is influenced by bonuses, regions and many other factors. Salaries are recalculated by official conversion rate 1 Eur = 3,4528 LTL.

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

Women representation in position

Average age of respondent by position

662. place

Porter, Information Staff

General labour

Salary group 1

570 - 1,245 EUR

24. place

Head of controlling

Management

Salary group 2

1,437 - 5,208 EUR

23. place

Head of product development

Management

Salary group 2

1,806 - 3,661 EUR

22. place

Air Traffic Controller

Transport, Haulage, Logistics

Salary group 2

956 - 5,305 EUR

1. place

Leasing Director

Leasing

Salary group 3

2,127 - 7,791 EUR

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used