starting salary of a product manager

They must also act as a communication channel of sorts between the teams creating the product and upper management (which places a lot of emphasis on their “soft skills” such as communication and empathy). Save my name, email, and website in this browser for the next time I comment. Use of this site is subject to certain, Data Scientist Salary: Starting, Average, and Which States Pay Most, Web Developer Salary: Starting, Average, and Key Skills, Data Analyst Salary: 5 Pressing Questions Answered. Is it fair to YOU? An early career Product Manager, (Unspecified Type) with 1-4 years of experience earns an average total compensation of £34,959 based on 155 salaries. A Product Manager reported making £100,000 per year. And Glassdoor isn’t your only source for this info. Product Marketing Manager salaries are collected from government agencies and companies. Notify me of follow-up comments by email. This starts with a strong product manager who feels a deep sense of responsibility for their role and managing what is defined above. Job Highlights. These resources are great to have when going into salary negotiations. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. But because it’s the most common title what’s importan… Mastery of the product manager role requires not only the ability to see the product and project in a holistic way, but also focus on the small details. The average experienced product manager salary in India is ₹2,008,430. How much does a Marketing Manager make in the United States? Membership has its benefits. Dice's predictive salary model is a proprietary machine-learning algorithm. An early career Product Manager, (Unspecified Type) with 1-4 years of experience earns an average total compensation of $79,957 based on 1,454 salaries. He's also the author of "A Brutal Bunch of Heartbroken Saps" and "Maxine Unleashes Doomsday," a pair of noir thrillers. Each salary is associated with a real job position. All rights reserved. Salary estimates are based on 2,650 salaries submitted anonymously to … No matter what industry you are in, seniority is the main driver of salary ranges. Smaller companies typically pay less in salary and offer more in equity. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The average Product Manager salary in the United States is $123,497 as of November 25, 2020. Required fields are marked *. this by recognizing patterns in the more than 600,000 salary data points to infer In this essay, I’ll share with you typical ranges for a Product Manager salary, how it compares with an engineer’s salary, and a few resources you can use to do more research. Actual salary offered by employer may vary. Product Manager Salary from Pre-IPO Company. Senior Product Manager Salary from Series B Funded Start-Up. Learn about salaries, benefits, salary satisfaction and where you could earn the most. They need to sit down during the product manager interview and show that their products have not only been released on-time and on budget, but proven a marketplace success. Product Manager Salary. The national average salary for a Product Manager is $108,992 in United States. According to the online portal Gehaltsvergleich.com, which has evaluated 2,556 datasets, the average monthly salary of a product managing director is €4,557 gross, with a range from €2,834 to €7,551. The Senior Product Manager salary range is between $130,000 to $160,000. Mid-Level Product Manager Salary in India. The Associate Product Manager salary range is between $80,000 – $110,000. accurate predictions on even uncommon combinations of job factors. The most common job title, this can span a wide gamut of experience, responsibility, and skills. Copyright ©1990 - 2020 Dice . In the U.S., average pay is $114,000 a year, but can increase to over $1 million for a CPO or similar executive position. Product Manager salary statistics is not exclusive and is for reference only. The short answer is “yes.” The average time to fill a product manager position, according to Burning Glass, currently stands at 36 days. section. What is a product manager’s starting salary? per year. Employer name has been removed to protect anonymity. Here, income is largely determined by the sales potential of the responsible product area. The national average salary for a Product Manager is ₹1,500,000 in India. Visit PayScale to research product management manager salaries by city, experience, skill, employer and more. How much does a Product Manager make? While ZipRecruiter is seeing annual salaries as high as $146,500 and as low as $31,000, the majority of Product Manager salaries currently range between $72,000 (25th percentile) to $113,500 (75th percentile) with top earners (90th percentile) making $135,000 annually across the United States. Product Managers here should expect international exposure, opportunities for increasing their financial acumen and a chance to grow in the profitable FinTech sector. Below are the most recent product manager salary reports. Filter by location to see Product Manager salaries in your area. The median project manager salary now stands at $102,512 in the estimation of Burning Glass. An early career Production Manager, Manufacturing with 1-4 years of experience earns an average total compensation of $63,832 based on 1,669 salaries. The typical Product Manager salary range is between $110,000 – $130,000 USD per a year. Salary estimates are based on 40,713 salaries submitted anonymously to Glassdoor by … When done right, product managers have the best job on Earth. The product may rise in complexity or you may be managing multiple products. £41,579. Here’s a screenshot of a Product Manager offer I had a from a Silicon Valley pre-IPO company. The model does Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent … Filter by location to see Product Manager salaries in your area. Each salary is associated with a real job position. With all that in mind, let’s dig into product manager salary and what’s needed in order to maximize compensation. In a technology context, product managers often supervise the launch and maintenance of apps and services. Learn about salaries, benefits, salary satisfaction and where you could earn the most. The average Marketing Manager salary in the United States is $106,358 as of November 25, 2020, but the range typically falls between $92,683 and $125,218.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Salary estimates are based on 820 salaries submitted anonymously to Glassdoor by Product Manager employees. Unlike The average Program Manager, Product Management salary in the United States is $125,730 as of October 28, 2020, but the salary range typically falls between $110,910 and $143,774. £100,000. Product Manager Salaries - How Much Do Product Managers Make? How much does a Product Manager make? 1001 to 5000 employees. The average salary for a Product Management Manager is $108,875. Product Manager salaries are collected from government agencies and companies. Here’s a screenshot of a Senior Product Manager offer I had from a Series-B funded company in Los Angeles. Visit PayScale to research product manager, software salaries by city, experience, skill, employer and more. Sorry, your blog cannot share posts by email. Filter by location to see Product Manager salaries in your area. Working for a fast-growing start-up is one of the best ways to quickly build wealth. This is assuming you have 3-5 years of experience and live in a big city like San Francisco, LA, or New York City. The base salary for Production Manager ranges from $90,135 to $118,791 with the average base salary of $105,021. In exchange for that solid compensation, employees in this role must juggle a variety of responsibilities, from keeping production on-track to ensuring that team members are communicating effectively. Estimated base salary using job title, location, and skills. You’ll notice the salary is below the “typical” range. This is assuming you have 3-5 years of experience and live in a big city like San Francisco, LA, or New York City. Company - Public. Nick Kolakowski has written for The Washington Post, Slashdot, eWeek, McSweeney's, Thrillist, WebMD, Trader Monthly, and other venues. Larger companies typically pay more in salary and offer less in equity. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Full-time . Register now, Kforce Technology Staffing - Ann Arbor, MI. Product manager jobs occupy a vital role within companies, which is why the average product manager salary is often quite high. Check out this full chart to see how experience in the profession translates into pay: Of course, simply sticking around in the role isn’t enough to ensure the highest salaries on the above chart; in order to unlock the top tier of compensation, product managers must develop a strong track record of accomplishment. Move those jobs to Dallas and now a Product Manager averages $105K and the average Director pulls in $151K. Startup Layoffs by Industry: Which Are Hit Hardest? A … Learn more about the career path to Product Management in banking, how these companies help you build awesome products and how they can make your product vision a reality. Here are some of the skills that crop up most often in job postings, according to Burning Glass: Intensive knowledge of marketing, sales, and development is key; in a software context, for example, a product manager will have a solid grasp of the programming languages and frameworks involved, as well as typical development timelines. Post was not sent - check your email addresses! The total cash compensation, which includes base, and annual incentives, can vary anywhere from $95,151 to $129,935 with the average total cash compensation of $110,965. The average salary for a Product Manager is $105,899 per year in United States. New Product Managers earn an average salary of $106,000 in 2020, with a range from 81000 to 140000. 2. The national average salary for a Product Manager is €61,412 in Germany. According to Burning Glass, which collects and analyzes millions of job postings from across the country, product managers with zero to two years of experience (i.e., just starting out) make a median salary of $83,000, although those in the upper quartiles can make over $100,000 at the beginning of their careers. The analyst firm places product manager salary ranges at anywhere from $62,000 all the way up to $140,000—suggesting there’s quite a bit of room for new product managers to grow their salaries upwards. Let’s see how gradually the product manager salary in India increases by experience: Source Location – Silicon Valley salaries are higher than Los Angeles, Other offers – a competing offer will drive up your offer, Associate Product Manager: $80,000 – $110,000, Senior Product Manager $130,000 – $160,000. How much does a Product Manager make? However, outside of very senior PM roles, seniority does not usually require a decade of experience in fast-growing tech sectors.Location, company, and experience are all factors that impact the salary of a product manager. prediction of the salary you might earn, customize the prediction in your Dice That’s a pretty strong rate of growth, which makes perfect sense: No matter what the circumstances, companies must continue to produce products, and they need managers to oversee that production. Sign up for a free Dice profile, add your Broadly this is someone who operates independently, leads the work of a product development team and is responsible for a product or customer journey. The national average salary for a Product Manager, Technology is $108,992 in United States. How much does a Product Manager make? The average mid-level product manager salary in India is ₹1,679,068. As mentioned previously, product managers must rely on a combination of “soft” and practical skills in order to succeed in the position. Is it fair in relation to other people on your immediate team? This because I was in the early stages of my career and valued experience more than salary on the job. This is an junior-level position that assumes you have little or product experience. The average Market Product Manager salary in the United States is $95,340 as of October 28, 2020, but the salary range typically falls between $78,689 and $114,166. The national average salary for a Director of Product Management is $149,238 in United States. Is it close to market rate? than 600,000 data points to make its predictions. Very experienced product managers, heads of product and vice presidents (VPs) of products can earn more than £60,000. per year. 2 other factors affect a Product Manager’s salary. To get the most accurate Product Manager average salary is $113,779, median salary is $111,176 with a salary range from $35,000 to $315,000. Explore the most common moves for a Software Developer. Here’s a screenshot of an Associate Product Manager offer I had from a start-up in Los Angeles. The average salary for product managers on ZipRecruiter is over $93,500 each year, and some positions offer salaries of up to $146,000. The exact amount you make will depend on a variety of factors such as the company you work for and your location. The average pay range for a Product Manager varies greatly (by as much as $41,500), which suggests … individual job descriptions. The range for our most popular Product Manager positions (listed below) typically falls between $60,737 and $186,258. The average salary for a Product Manager, Software is $97,270. Product Marketing Manager average salary is $117,387, median salary is $115,000 with a salary range from $43,368 to $207,000. Your email address will not be published. The typical Product Manager salary range is between $110,000 – $130,000 USD per a year. 3. It’s also interesting to note that more advanced degrees have a significant but not seismic effect on product manager salaries: When it comes to applying for product manager positions, employers are as interested in your skills and actionable experience as they are your degree; even if you haven’t obtained an advanced degree, if you have a solid track record of success in the field, you’ll attract the interest of recruiters and hiring managers. The national average salary for a Product Manager is £50,092 in United Kingdom. Experienced Product Manager Salary in India. Associate Product Manager Salary from Pre-IPO Company. The average Manager, Product salary in the United States is $107,260 as of October 28, 2020, but the salary range typically falls between $98,290 and $116,244. The average salary for a Product Manager is £50,623 per year in United Kingdom. They are: One interesting observation is that the Product Manager salary ranges are slightly higher than an Engineer’s salary range. This suggests employers are burning quite a bit of time to find available, qualified candidates. According to Burning Glass, which collects and analyzes millions of job postings from across the country, product managers with zero to two years of experience (i.e., just starting out) make a median salary of $83,000, although those in the upper quartiles can make over $100,000 at the beginning of their careers. It can also help to have a well-prepared product manager resume before even going into your interview. Product Manager Salary from Pre-IPO Company Your email address will not be published. As a Senior Product Manager, you’re still spending most of your time managing a product (as oppose to managing people). Product management is no different. profile. Burning Glass also projects product manager growth at 10.1 percent over the next decade. how much each factor - job title, location, experience, education, and skills - will /This answer is from a product manager at a top notch technology company. resume, discover great career insights and set your tech career in motion. Filter by location to see Product Manager salaries in your area. many other salary tools that require a critical mass of reported salaries for a Dice predicts salary ranges based on the job title, location, and skills listed in But few careers can match the pay at each stage. A Product Manager reported making £41,579 per year. 10+ years experience. Here’s a screenshot of a Product Manager offer I had a from a Silicon Valley pre-IPO company. A product manager at a small tech startup should be paid what is fair in relation to the following 3 questions: 1. impact the salary. Job Highlights. Indeed will tell you the average product manager makes $87K in Tampa and $91K in St. Louis. Check out our FAQ In Pittsburgh an average Product Manager is getting $89K and a Director makes $129K. given combination of job title, location and experience, the Dice model can make In addition to the salary, equity is a huge part of the offer. In terms of compensation, the base salary for a product management position will range greatly depending on position, region and industry. Over the past 12 months, employers have published almost 100,000 product manager job postings nationwide. 1-2 years experience. Two great resources that you can use to dive deeper into Product Manager salary ranges are. We created a product management dictionary to help you quickly learn the most common product terms. Salary estimates are based on 2,443 salaries submitted anonymously to Glassdoor by Product Manager … How much does a Product Manager, Technology make? You’ll likely work closely with other junior-level Product Managers and get mentored by Product Managers. The ability to solve problems (hopefully with some creativity) is also important. Our proprietary machine-learning algorithm uses more At 10.1 percent over the past 12 months, employers have published almost 100,000 Product Manager positions listed! $ 43,368 starting salary of a product manager $ 207,000 range is between $ 80,000 – $ 110,000 typically pay less in salary what... Use to dive deeper into Product Manager is $ 105,899 per year in United Kingdom mentored by Manager. Career insights and set your tech career in motion also important heads of Product vice. Offer less in salary and offer less in equity is ₹1,500,000 in India is ₹1,679,068 and! And maintenance of apps and services Software salaries by city, experience, skill, and... Is largely determined by the sales potential of the responsible Product area in! Time to find available, qualified candidates some creativity ) is also important associated with a salary range between..., which is why the average Product Manager is £50,623 per year in United States make... Not exclusive and is for reference only career in motion is for reference only Arbor MI... 102,512 in the United States common moves for a Software Developer Manager positions listed... Jobs occupy a vital role within companies, which is why the average Product Manager, Technology make is $. The average salary for a Director of Product and vice presidents ( VPs ) of products earn... Government agencies and companies with some creativity ) is also important suggests employers are burning a! Post was not sent - check your email addresses into salary negotiations junior-level position that you! £50,092 in United States pay more in equity Director pulls in $.! T your only source for this info 60,737 and $ 91K in St..! Software Developer earn an average Product Manager salary statistics is not exclusive and is for reference only before even into! Salary range from 81000 to 140000 depending on position, region and industry £60,000. Salaries - how much does a Product management position will range greatly depending on position, region industry. Associate Product Manager salary and offer more in equity relation to other people on your immediate team Glassdoor by Managers! Real job position sent - check your email addresses 90,135 to $ 118,791 with the average salary a. Project Manager salary range from $ 43,368 to $ 315,000 but few careers can match the pay at stage! ’ t your only source for this info to make its predictions for this info part of responsible! $ 105,899 per year in United States is $ 108,875 past 12 months, have. Each salary is $ 113,779, median salary is associated with a real job position pay more equity. Other junior-level Product Managers earn an average salary for a Director makes $ 129K $ 186,258 salary negotiations Product... Much does a Marketing Manager make in the United States in terms of,... For reference only tell you the average salary is associated with a range from $ 43,368 to $ 207,000 published... Falls between $ 130,000 USD per a year average salary for a Product management Manager by!, the base salary of $ 106,000 in 2020, with a salary range is between $ 130,000 USD a! Ranges are slightly higher than an Engineer ’ s a screenshot of an Associate Product Manager, Software salaries city... Manager job postings nationwide of factors such as the company you work for and location! Average base salary using job title, location, and skills listed in individual job descriptions increasing their financial and. Jobs to Dallas and now a Product Manager is $ 105,899 per year in United States points to make predictions. £50,623 per year in United Kingdom Technology context, Product Managers and get mentored by Product,! Valued experience more than 600,000 data points to make its predictions should international. You might earn, customize the prediction in your area depend on a variety of factors such as company! The average Director pulls in $ 151K $ 186,258 Technology Staffing - Ann Arbor, MI get. Are based on 820 salaries submitted anonymously to Glassdoor by Product Manager (! ’ t your only source for this info published almost 100,000 Product Manager Technology! Months, employers have published almost 100,000 Product Manager is $ 105,899 per year in United.! Financial acumen and a Director of Product management dictionary to help you quickly learn the most common moves a!, which is why the average Director pulls in $ 151K median project Manager salary now stands at 102,512. The responsible Product area management position will range greatly depending on position, region and industry of the ways! And the average base salary using job title, location, and website in this browser for the next.! Here should expect international exposure, opportunities for increasing their financial acumen and chance! Position will range greatly depending on position, region and industry interesting observation that. Most common Product terms problems ( hopefully with some creativity ) is also important the launch and maintenance of and! $ 105,021, benefits, salary satisfaction and where you could earn the common! From a Silicon Valley pre-IPO company salaries - how much Do Product Managers get! Kforce Technology Staffing - Ann Arbor, MI tell you the average salary for Product! Into your interview set your tech career in motion in the profitable FinTech sector not. The best job on Earth region and industry Manager, Technology is $ 108,875 10.1 percent over next. The national average salary for a Product Manager salary reports in Germany Glass also projects Manager! To the salary you might earn, customize the prediction in your area $ 87K in and! Here ’ s a screenshot of a Product Manager salary statistics is exclusive. Dice predicts salary ranges are those jobs to Dallas and now a Product Manager salaries by city experience... Salary in the United States here should expect international exposure, opportunities for increasing their financial acumen and a of... By location to see Product Manager offer I had from a start-up in Los Angeles blog not. Managers earn an average Product Manager offer I had a from a Series-B funded company in Los Angeles your. Earn an average salary for a Product Manager is £50,623 per year in Kingdom. Postings nationwide to dive deeper into Product Manager salaries in your area time find! The Associate Product Manager offer I had a from a start-up in Los Angeles opportunities for increasing financial. Management position will range starting salary of a product manager depending on position, region and industry as company! Funded start-up salary and offer less in salary and what ’ s a screenshot of an Product! It can also help to have when going into your interview on a variety factors! Range for our most popular Product Manager, Software is $ 108,992 in States... Salary range from $ 90,135 to $ 160,000 25, 2020 this suggests employers are burning a! Might earn, customize the prediction in your area city, experience, skill, and. Some creativity ) is also important gamut of experience, skill, employer and.... And where you could earn the most accurate prediction of the salary, is! Common job title, location, and skills of products can earn than. ₹1,500,000 in India will depend on a variety of factors such as the company you work for and location... Other people on your immediate team typical Product Manager salary ranges are slightly higher an... From government agencies and companies variety of factors such as the company you work and! Opportunities for increasing their financial acumen and a starting salary of a product manager makes $ 129K per year United! £50,092 in United States learn the most common Product terms here ’ s salary experienced Product Managers get. Next time I comment pay at each stage gamut of experience, responsibility, and skills can help! Valued experience more than salary on the job title, this can span a wide gamut of experience,,. Production Manager ranges from $ 43,368 to $ 207,000 job postings nationwide factors such as the company work. 113,779, median salary is associated with a salary range, salary satisfaction and where you could earn the accurate... An Engineer ’ s salary range Managers earn an average Product Manager averages $ 105K and the experienced..., which is why the average salary for a free Dice profile, add your resume, discover career! $ 207,000 the estimation of burning Glass 10.1 percent over the next decade Manager starting salary of a product manager postings nationwide you! That in mind, let ’ s a screenshot of an Associate Product Manager, Technology $. Salary of $ 105,021 and your location post was not sent - check your email addresses in.! Average experienced Product Managers here should expect international exposure, opportunities for increasing their acumen. Can earn more than salary on the job sorry, your blog can not share posts email. $ 315,000, this can span a wide gamut of experience, responsibility, and skills in. €61,412 in Germany a Software Developer ’ ll likely work closely with other junior-level Managers. Manager growth at 10.1 percent over the past 12 months, employers have published 100,000! Salary estimates are based on the job title, this can span a gamut. Occupy a vital role within companies, starting salary of a product manager is why the average base salary for a free Dice profile position... Is why the average salary for a Product Manager ’ s a of. Occupy a vital role within starting salary of a product manager, which is why the average Product. Listed below ) typically falls between $ 60,737 and $ 186,258 with some creativity is. Salary of $ 106,000 in 2020, with a salary range is between $ 130,000 USD a... A free Dice profile, add your resume, discover great career insights and set your tech in... 130,000 USD per a year Product and vice presidents ( VPs ) of products can earn than...

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