11/21/2023 0 Comments Product manager salaryStephanie White, director and head of product, technology, and professional at fintech recruiting company EC1, says that salaries for high-level product management professionals roughly match their tech peers. The experts we talked to in the field came in with figures that weren’t too dissimilar from these, with nuances. When it comes to top tech companies, Glassdoor reports a similar range, as you can see in the table below.įactors that affect product manager salaries Senior product managers earn an average salary of $188,001 per year, while principal product managers earn an average salary of $223,534 per year. As you grow in your career, so will your salary. As of this writing, Glassdoor’s estimate of the average salary for a product manager is $127,496 per year, with a reported salary range of $76,000 to $216,000, depending on location, seniority, and experience. Glassdoor is a great starting point for researching salaries while the data is mostly self-reported, it does provide an good first approximation of what you can expect. We dove into publicly available information and talked to a number of product managers and those who hire, supervise, and mentor them in order to get a sense of what you can expect in this job market - and how you can improve your prospects and your compensation if you’re working in this field. It’s an important and challenging career, but for most job seekers, compensation is a key factor when making choices of what to pursue - especially for those whose technical skills open up other lucrative career paths to take. A product manager coordinates technical, marketing, and business functions, taking ownership over a specific product or service over the course of its lifecycle. As project-based business practices give way to product-focused cross-functional teams, the product manager role is taking on prominence, increasingly attracting interest from job candidates who might otherwise go into IT.
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