Many of us wonder what the typical salary for a product manager is. Unfortunately, the answer isn’t that simple. A lot depends on the company and the industry. For example, I could pull up salary data for three different tech companies (SAP, Amazon, Google) and their results would be different.
The average salary for a product manager is $100,000 per year.
Average salary for product manager
A person who excels in this field is described as having an organized, efficient manner. They are focused on reaching their goals and tend to be well-known for achieving these objectives. The average salary for a product manager is said to be $121,328 each year. For more information about the different types of product managers, you can visit http://topmba.com/salaries/top-paying-careers-product-marketing-executive/.
The average salary of a product manager is $133,646. According to Glassdoor, the lowest tenured product managers earned an average salary of $58,078 annually and the highest tenured product managers earned an average salary of $215,408 annually.
As you can see, it does depend on the company and position of which you speak. Product Managers in large software companies may earn that $150K a year, but then again, so do those in other industries. Even if the number seems high, remember that you’ll have an opportunity to make up for an average salary by taking on side projects. Note that what we call “average” is not actually middle of the road—compensation for this position is pretty high overall, and as long as you’re talented and have a solid network, it should be relatively easy to get started.
Download this cheat sheet to see which companies pay the best salaries, what the average salaries are, and how much education you will need to break into product management.
