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- Based on almost 3,000 reviews on PayScale, there is no gender-based pay gap in senior product manager jobs.
- The role provides opportunities to lead significant projects, influence product strategy, and work with cross-functional teams.
- The total of senior product manager jobs in the United States is estimated to be around 80,000.
- Add your salary anonymously in less than 60 seconds and continue exploring all the data.
- The average total compensation for a Senior Product Manager in US is $185,026.
Senior Product Manager Salary: What is the Average?
In 2014, the average senior product manager earned $109,236 annually, but today, they earn $133,868 a year. That works out to a 8% change in pay for senior product managers over the last decade. Senior product manager salaries at Roku and Credit Karma are the highest-paying according to our most recent salary estimates. In addition, the average senior product manager salary at companies like The Citadel and ICE Mortgage Technology are highly competitive.
Senior product manager salary by year
- I’ve got solid projects and a decent resume, with 1 internship in a mid-sized tech company but here I am unable to get anything as a new grad.
- In conclusion, the role of a Senior Product Manager is both rewarding and financially lucrative, reflecting the high level of expertise and responsibility required.
- The Future of Product Report is a guide for anyone invested in the state and fate of product teams.
- Visit the Levels.fyi community to engage with employees across different companies, get career tips, and more.
- According to the salary info of senior product managers, the job pays the most in Santa Clara, California, where the annual mean wage is $170,272.
- They have thousands of salary inputs from senior product managers from most industries.
The highest paying types of senior product managers are vice president, product management, product management director, and product director. The combination of a high average salary, attractive additional cash compensation, and the growing demand for skilled professionals makes this an appealing career path. In summary, the senior product manager role not only provides a competitive salary but also offers ample opportunities for career growth and job satisfaction. Most senior product managers have at least 7-9 years of experience in product management. A lot goes into deciding a senior product manager’s salary, such as their product management, product marketing, and even their project management experience. High-level Product Managers, such as Directors or Principal Product Managers, typically earn between $150,000 and $250,000 annually in the United States.
How do I know if I’m being paid fairly as a senior product manager?
The Future of Product Report is a guide for anyone invested in the state and fate of product teams.
Highest paying industries for senior product managers
The highest-paying states for senior product managers are California, Washington, and Oregon. The lowest average senior product manager salary states are Hawaii, Kansas, and Alabama. Most product manager jobs today tend to be tech-oriented due to the abundance of the SaaS business model. This trend has prompted senior product managers to work in tandem with engineering managers, software engineers, and development specialists.
What Do Senior Product Managers Do?
- They need a thorough understanding of the market and the sales process to adjust strategies to serve customers better.
- Experience, company reputation, and specific responsibilities can significantly influence these salary figures.
- Total compensation packages, including substantial bonuses and stock options, can push these figures even higher.
- As a result, salaries for senior product managers range from $82,000 to $165,000.
- Senior product manager salaries typically range between $98,000 and $182,000 yearly.
Based on almost 3,000 reviews on PayScale, there programmer skills is no gender-based pay gap in senior product manager jobs. The average additional cash compensation of senior product manager salaries primarily depends on the individual’s experience. Many of the salaries are below the national average, but some of the higher-end salaries increase the average.
