Product Manager Salary Statistics | 280 Group - Use these websites to perform a little research. Don't forget the geographic vicinity of the location, your years of enjoy, the marketplace the business enterprise addresses (as an instance, if the corporation desires a product supervisor who additionally has a phd in biochemistry), nation of the activity marketplace overall (is it hot, heat or cold) and the tradeoffs you’ll be making working at a bigger corporation (generally lower hazard however very little inventory equity) as opposed to a startup (typically higher danger but a small amount of inventory. In a task market wherein employers are in hard opposition for talent, it’s no surprise that tech businesses have risen to the assignment by imparting beneficiant salaries. And there’s absolute confidence that technical abilties are a large asset to employees, with a new have a look at finding the global common earnings for tech people in software engineering, design, product control, and records analytics to be $135k in 2017.
There are numerous factors similarly to place with the intention to have an effect on a new rent product manager revenue. One is getting an advantage, which increases repayment by approximately $5k. The alternative is the scale of the business enterprise (larger companies tend to pay higher while startups are giving you fairness and a decrease salary.). , which shows the profits range among $65k and $103k, with a median of $83k. This statistics is for a product manager with five-10 years of revel in, and probably represents the marketplace out of doors of silicon valley (although within the 280 group’s enjoy this variety may be very low for five to 10 years of revel in – an $83k offer might be more likely for a brand new lease with none revel in or perhaps having 1 or 2 years).
Our universe is expanding. Extra than 1,2 hundred of you took component in this yr’s product supervisor survey, double the variety who took component in our survey three years ago. It’s increase that is mirrored for the duration of the product manager network, and we see the results immediately at mind the product – within the growing wide variety and more reputation of our meetings, producttank meetups, and in subscriptions to our hand-curated e-newsletter. Glassdoor’s average of $108k is what we might anticipate a corporation to pay for a product supervisor with a few years of appropriate revel in. And it is not unusual in markets in which unique understanding and technical expertise are required to look a revenue as excessive as $160k.