Senior product manager salaries typically range between $98,000 and $182,000 yearly. The average senior product manager salary has risen by $24,632 over the last ten years. In 2014, the average senior product manager earned $109,236 annually, but today, they earn $133,868 a year.
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This could be at the high level of the mission of the company, but it can also be at the more everyday level of solving interesting problems and working on challenges that feel important. Not every company is trying to change the world, and that’s OK, but the purpose of the work PMs are doing should be clearly communicated. Visit the Levels.fyi community to engage with employees across different companies, get career tips, and more. We offer a wide variety of programs and courses built on adaptive curriculum and led by leading industry experts. Add your salary anonymously in less than 60 seconds and continue exploring all the data.
Learn why 2024 is a great year for product
- The average total compensation also depends on the industry, company, and products being managed.
- Certain industries, such as mobile-first technology and the eCommerce industry, have given a new meaning to the job title.
- As a result, salaries for senior product managers range from $82,000 to $165,000.
- The average additional cash compensation of senior product manager salaries primarily depends on the individual’s experience.
- Founded in 2012 with a mission to create 10,000 product leaders, IPL offers world-class programs in product management, strategy, and leadership.
Skills in Agile Methodology, Data Analytics, and AI/ML tools are highly sought after by employers. These skills allow you to work efficiently in modern product development environments and lead product teams effectively, which can directly translate into higher compensation. Beyond tech giants, several companies in sectors like fintech, e-commerce, and healthcare also offer lucrative salaries. Razorpay, Paytm, Software quality assurance Practo, and Flipkart are some examples of industry leaders offering attractive pay and career growth opportunities for Product Managers. At this stage, your experience allows you to take on more responsibility, including managing teams or leading key product initiatives.
Senior Product Manager salary in US
A Senior Product Manager with an MBA or other advanced degrees is likely to earn more, as they bring additional skills and strategic insights. Certifications such as the Certified ScrumMaster (CSM) or Product Management Certification can also boost your earning potential. The Future of Product Report Senior Product Manager job is a guide for anyone invested in the state and fate of product teams.
Google Product Manager Salaries
The average total compensation also depends on the industry, company, and products being managed. On the individual’s side, their product https://wizardsdev.com/en/vacancy/junior-technical-support-engineer-level-1/ management experience matters the most. Furthermore, their education, such as a Bachelor’s degree or more, counts along with previous experience (for example, if they were a financial analyst, a SaaS project manager, and others).
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