The Future of Product Report is a guide for anyone invested in the state and fate of product teams. 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.
Learn why 2024 is a great year for product
Senior product Web development managers make strategic decisions that affect the progress of a product’s development and any involved teams. There would exist no overarching product guidelines or high-level communication between other teams without the help of senior product managers. Yes, being a Senior Product Manager is generally considered a good job, offering both financial rewards and career satisfaction. The role provides opportunities to lead significant projects, influence product strategy, and work with cross-functional teams.
- Senior roles at prestigious companies or in key market positions often offer the most lucrative packages.
- Exponent is helping thousands of product managers ace interviews at FAANG companies–check out their courses, sample interview questions, 1-1 coaching, and mock interviews.
- Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
- Specify the abilities and skills that a person needs in order to carry out the specified job duties.
- Last year, we surveyed 7,000 Product Managers at organizations of all sizes for our Future of Product Management Report.
- Propel your career to new heights with Udacity’s online product management certifications.
What Do Senior Product Managers Do?
We’re looking for creative, collaborative, fun-loving people who dig their teeth into a challenge. Whether you want to build it, market it, sell it, or support it, we’d love to have you on our team. We offer a wide variety of programs and courses built on adaptive curriculum and led by leading industry experts.
What does a senior product manager earn?
- Telecommuting is available from anywhere in the U.S., except from AK, AL, AR, DE, HI, IA, ID, IN, KS, KY, LA, MT, ND, NE, NH, NM, NV, OH, OK, RI, SD, VT, WV, and WY.
- As a result, senior product managers manage the product team, the engineering team, the sales team, and even the marketing team in some cases.
- An entry-level Product Management Senior Manager with less than 1 year of experience earns about $170,172.
- In top tech companies or major metropolitan areas, total compensation packages, including bonuses and stock options, can exceed $300,000.
- Whether you want to build it, market it, sell it, or support it, we’d love to have you on our team.
- The combination of a high average salary, attractive additional cash compensation, and the growing demand for skilled professionals makes this an appealing career path.
- Senior Product Manager salaries are based on responses gathered by Built In from anonymous Senior Product Manager employees in US.
Senior product manager jobs are in high demand across various industries, particularly in tech, where their strategic vision and leadership drive product success. The job title of Senior Product Manager encompasses overseeing product development, leading cross-functional teams like sales teams, and ensuring alignment with business objectives. With this opportunity, senior product managers tend to advance to even higher-paying roles, such as Director or Principal Product Manager. Senior product manager salaries typically range between Senior Product Manager job $98,000 and $182,000 yearly. The best way to make sure you’re getting the right compensation for a senior product manager’s salary is to surf sites like Glassdoor, PayScale, and Salary.com. They have thousands of salary inputs from senior product managers from most industries.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job. Salary.com job board provides millions of Product Management Senior Manager information for you to search for. Click on search button below to see Product Management Senior Manager job openings or enter a new job title here. Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
Most senior product managers have at least 7-9 years of experience in product management. If you’re interested in learning the skills to become a senior product manager, then check out our product management certifications to help you do just that. In this article, we’ll dive into a senior product manager’s responsibilities and their average salaries under various circumstances. The highest-paying cities for senior product managers are San Francisco, CA, Seattle, WA, and Portland, OR. Senior product manager salary is impacted by location, education, and experience.
Product Management Senior Manager
Before becoming a senior product manager, professionals will need to gain several years of experience as a product manager and/or related management roles. Professionals can then move on to be a director of product management, vice president of product or chief product officer. As a result, senior product managers manage the product team, the engineering team, the sales team, and even the marketing team in some cases. As a result, salaries for senior product managers range from $82,000 to $165,000.
The Hard Truth About Product Management Salaries in 2025
This range can vary depending on the industry, company size, global brand, and location. Additional compensation such as bonuses, stock options, and benefits can further enhance their total earnings. Senior product managers typically need to be leadership-oriented, proactive, and have excellent communication skills.
What is the lowest pay for Senior Product Managers?
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). Compare senior product manager salaries for individual cities or states with the national average. According to Glassdoor, the national average salary for a senior product manager in the United States is $123,895. A senior product manager’s salary ranges from $98,000 a year at the 10th percentile to $182,000 at the 90th percentile. High-level Product Managers, such as Directors or Principal Product Managers, typically earn between $150,000 and $250,000 annually in the United States. In top tech companies or major metropolitan areas, total compensation packages, including bonuses and stock options, can exceed $300,000.
