#PRINCIPAL PRODUCT MANAGER SALARY SOFTWARE#
#PRINCIPAL PRODUCT MANAGER SALARY PROFESSIONAL#

“Get (cheap) PM certs, and get your current employer to pay for the expensive ones,” he says. Kion’s Quinlan adds that training and certification can help as well, although he doesn’t advocate sinking too many resources into it. In addition, being willing to go to bat for an idea you believe in shows commitment.” “Big wins like a brand-new product can go far. “My best advice for negotiating a salary raise as a PM is to take stock and keep receipts for your accomplishments,” she says. “The company culture plays a role: Some companies prioritize being a product-led organization, while other enterprises see the role of product as more like taking orders from the front of house back to the kitchen,” she says.īlueVoyant’s Ghadiri agrees. Mona Ghadiri, director of product management at cybersecurity firm BlueVoyant, says that some of the range of pay simply comes down to what individual companies value. PMs (or wannabe PMs) should also be looking at technical program manager and chief of staff roles.” Some companies have an army of directors of product who perform the role of a PM and get the comp of an associate product manager. “Some companies may only have one PM who acts as the CPO and is well compensated. “There is no universal standard for the responsibilities or compensation for a PM vs. Overall, Quinlan warns against treating job titles as apples-to-apples comparisons across companies. Depending on the stage and size of the company you join, you’ll see differences in the admixture between salary, bonuses, equity, and other benefits.” “I’ve seen product manager, senior product manager, and/or director of product positions between $80,000 and $220,000. He too emphasizes that there’s no one-size-fits-all number to expect. In my experience, product managers aren’t making that outside the huge tech companies, and even then we’re talking about more senior folks.” You can look at accounts like Socially Inept Tech Roast for a sampling of memes about $450,000 total comp for Meta PMs who do nothing.

#PRINCIPAL PRODUCT MANAGER SALARY SOFTWARE#

Shane Quinlan, director of product management at software development firm Kion, says, “Product manager salaries are all over the place. “Here at Pendo, the ranges are competitive for our size and industry, and are one part of a compensation package that includes benefits, equity (RSUs), and other rewards.” “Base salary ranges for product managers are typically on par with other technology roles like engineering, security, and design,” she says. Trisha Price, CPO at software development company Pendo, had a similar take. “Chief product officers are now rewarded on par with CTOs, and likewise, a lead product manager should earn similar to a lead engineer,” she says.

#PRINCIPAL PRODUCT MANAGER SALARY PROFESSIONAL#

Stephanie White, director and head of product, technology, and professional at fintech recruiting company EC1, says that salaries for high-level product management professionals roughly match their tech peers. The experts we talked to in the field came in with figures that weren’t too dissimilar from these, with nuances. When it comes to top tech companies, Glassdoor reports a similar range, as you can see in the table below.įactors that affect product manager salaries Senior product managers earn an average salary of $188,001 per year, while principal product managers earn an average salary of $223,534 per year. As you grow in your career, so will your salary. As of this writing, Glassdoor’s estimate of the average salary for a product manager is $127,496 per year, with a reported salary range of $76,000 to $216,000, depending on location, seniority, and experience. Glassdoor is a great starting point for researching salaries while the data is mostly self-reported, it does provide an good first approximation of what you can expect. We dove into publicly available information and talked to a number of product managers and those who hire, supervise, and mentor them in order to get a sense of what you can expect in this job market - and how you can improve your prospects and your compensation if you’re working in this field. It’s an important and challenging career, but for most job seekers, compensation is a key factor when making choices of what to pursue - especially for those whose technical skills open up other lucrative career paths to take. A product manager coordinates technical, marketing, and business functions, taking ownership over a specific product or service over the course of its lifecycle. As project-based business practices give way to product-focused cross-functional teams, the product manager role is taking on prominence, increasingly attracting interest from job candidates who might otherwise go into IT.

Principal product manager salary