

The Director of Product Management directs research, design and development activities – from requirements gathering to development, all the way to product launch – and ensures product roadmaps are aligned with business goals and initiatives. They manage the overarching product vision and coordinate roadmaps for multiple products, while leading the Product Managers across teams. The Director of Product Management oversees development of a portfolio of products, including all of the processes and tools required. Director of Product Management Salary Total Compensation $245,556 With bonuses and other compensation, salaries for entry-level Product Managers can reach $83,276. On the low end, a Product Manager I earns an average of $71,750, and up to $80,712. Įven entry-level Product Managers do quite well. Depending on a Product Manager’s education, certifications, skill sets and years on the job, the pay can range from $114,465 to as high as $174,264.īenefits such as healthcare, paid time off, bonuses and other perks can constitute a substantial part of a Product Manager’s overall pay, pushing total compensation up to as much as $192,357. Product Manager IV Salary Total Compensation $192,357Īs of December 27, 2021, the median base salary for a Product Manager IV in the U.S. According to data from Indeed, Product Managers make the most in California and New York.

With so many options, Product Managers have negotiating power, but how much salary demand will depend on years of experience, skill sets, certifications, location and other factors. And they’re in high demand: A quick search for open jobs on LinkedIn delivers over 237,000 results. Product Manager Salary for 2022Īccording to 2021 data from Zippia, there are over 41,370 Product Managers currently employed in the U.S. In short, Project Manager is a big job that merits equitable compensation.
#Product manager salary new york software
They must be skilled researchers and proficient in a wide array of software applications, such as Excel, project management apps, collaboration tools and more. Product Managers must possess a broad range of skills, including critical thinking, leadership, time management, problem-solving and communication.

The role of Product Manager is unique in that it touches all aspects of a business – from Engineering to Marketing, Sales, Customer Service and Procurement – while also representing the voice of the customer, driving the product roadmap, and rallying teams around a common product vision. They lead product strategies and teams in developing products that meet the needs of an organization’s current and prospective customers, and are ultimately responsible for the products’ success or failure. Simply put, Product Managers are responsible for overseeing product development from conception to completion. In this post, we’ll share the latest Product Manager salary information from and how Product Managers can set themselves up for success in 2022 and beyond. That’s why salaries continue to increase for this vocation. The Product Manager must make sure that product development is aligned with customer interest and demands, and with the overarching trends impacting the marketplace. Standing tall at the center of all this change is the Product Manager, whose role it is to champion product development for an organization and ensure the product teams are executing on roadmaps and strategies to bring innovative, revenue generating products to market. Meanwhile, other trends impacting Product Teams are gaining momentum, such as Product-Led Growth, data-driven Agile development, data privacy and security, and more. Hybrid work environments are now commonplace, requiring distributed teams to find ways to collaborate effectively using tools like Zoom, Teams, Jira, Slack and others across various time zones, while bringing innovative products to market. Just when we thought things were starting to return to normal, Omicron hit, and today, businesses continue to grapple with Covid-19 related challenges. This article details general Product Manager salary data based on salary information reported by in January 2022.
