Product manager salary

Every product that we use in our lives, from our mobile phones to the office coffee machine, goes through a long journey before it reaches us. The process of product creation begins with the inception of an idea. This idea is further tested and analyzed with the help of consumer research. Then, the product design is implemented, and eventually, the product is developed to be launched in the market. Product management refers to the practice of driving the process of product creation, development, and market launch. It also extends to further improve the product in alignment with the customer’s feedback and reactions. Here's the complete breakdown of how much you can expect to make in beginning, mid-level, and senior product management roles. Which Tech Career is Right for You? Ready to change your career and join the world’s next workforce? At Thinkful, we’ve got your back with various tech programs to get you equipped with in-demand skills. Product Manager Salaries A Product managers are well-paid and have a high level of job satisfaction. It’s been deemed as one of the top ten best jobs in the United States. A job in product management is also coveted because of its high salary. The average compensation for product managers across various positions can range from $61,000 to $200,000+ per year. However, the salary depends on multiple factors like: • Experience • Education • Location • Industry • Company Salaries According to Experience And Position Seniority and experience...

The average salary for a product manager in the United States is $111,729. Product manager salaries typically range between $81,000 and $152,000 a year. The average hourly rate for product managers is $53.72 per hour. Location, education, and experience impacts how much a product manager can expect to make. Product managers make the most in California, Washington, New York, Oregon, and New Jersey. • The average salary for a product manager is $111,729 in the US. • The average product manager salary ranges between $81,000 and $152,000 in the US. • Hourly rates for product managers in the US typically range between $38 and $73 an hour. • The average product manager salary is $123,009 in California, $107,415 in Washington, and $105,501 in New York. These are the three highest-paying states for product managers in the US. • Meta has the highest average salary for product managers. • Retail is the highest-paying industry for product managers in the US. Throughout the U.S., the average salary for a product manager is roughly $111,729 per year, which boils down to $53.72 per hour. Interestingly enough, product managers have the highest salaries in San Francisco, CA at about $132,367 per year. For those who are just starting out, the average entry-level salary in San Francisco, CA is $93,000. Additionally, product managers make more than the average salary in Seattle, WA, New York, NY, Washington, NJ, Washington, DC, and Phoenix, AZ. On a more broad level, product manager salaries...

How much does a Product Manager I make in the United States? The average Product Manager I salary in the United States is $77,855 as of May 25, 2023, but the range typically falls between $70,403 and $85,342. Salary ranges can vary widely depending on many important factors, including Jobs with a similar salary range to Product Manager I : Percentile Salary Location Last Updated 10th Percentile Product Manager I Salary $63,618 US May 25, 2023 25th Percentile Product Manager I Salary $70,403 US May 25, 2023 50th Percentile Product Manager I Salary $77,855 US May 25, 2023 75th Percentile Product Manager I Salary $85,342 US May 25, 2023 90th Percentile Product Manager I Salary $92,158 US May 25, 2023 Product Manager I develops new software product concepts, designs, and/or enhancements to existing product design that reflect market and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Being a Product Manager I develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products as well as the introduction of products to the market. Additionally, Product Manager I member of a cross-functional team that translates customer needs and technology directions into product definitions. May participate ...

An entry-level Product Manager, (Unspecified Type) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $78,728 based on 104 salaries. An early career Product Manager, (Unspecified Type) with 1-4 years of experience earns an average total compensation of …Read more Generally speaking, product managers are in charge of supervising the production aspects of a given product or products. They are responsible for reaching product goals while following strict safety standards. In addition, they must have leadership skills to solve problems, guide their team and motivate their workers. They will also often train current and new production workers regarding rules and using certain technology and equipment. They also may manage expenses according to their area of …Read more FAQs About Product Manager, (Unspecified Type)s What is the highest pay for Product Manager, (Unspecified Type)s? Our data indicates that the highest pay for a Product Manager, (Unspecified Type) is $132k / year What is the lowest pay for Product Manager, (Unspecified Type)s? Our data indicates that the lowest pay for a Product Manager, (Unspecified Type) is $63k / year How can Product Manager, (Unspecified Type)s increase their salary? Increasing your pay as a Product Manager, (Unspecified Type) is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level o...

An early career Group Product Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $137,798 based on 49 salaries. A mid-career Group Product Manager with 5-9 years of experience earns an average total compensation of $152,748 based on 162 salaries. An experienced …Read more Group product managers are responsible for leading and managing a group of professionals from product concept to launch. They are in charge of creating effective product strategies, as well as developing and implementing tactical pricing based on research, demand, and project requirements. Group project managers solve product issues as they arise, schedule product milestones, and review progress continuously. In addition, they work with sales teams to establish customer-specific pricing and …Read more • Create Product Requirement Documents (PRDs)/Market Requirement Documents (MRDs)/Business Requirement Documents (BRDs). • Work with outside partners customizing product features to partner requirements. • Conduct user surveys and focus groups. • Manage email and social media marketing promotions. • Take product enhancements and new product launches from start to finish thinking through each detail and delivering solid results. FAQs About Group Product Managers What is the highest pay for Group Product Managers? Our data indicates that the highest pay for a Group Product Manager is $205k / year What is the lowest pay for Group Product Managers...