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Salary and Benefits

Product Manager
$70K-$86K / yr. (est.)
$71K
$78,344 / year
$86K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Product Manager

What does a Product Manager do?

As product managers (PMs), we deal with the development of a new product, business justification, planning, product launch and marketing. The term is widely used in the software industry, and often refers to software product managers. Our responsibilities largely depend on the size of the company we work for. In larger organizations, we work together with a range of teams such as engineering, UX, legal, finance, sales and operations. Part of our role then is to align them behind a specific vision. In smaller companies the role may be more hands-on.

Core tasks:

  • understanding user needs
  • monitoring the market and developing competitive analysis
  • defining and delivering product vision and strategy
  • defining product roadmap
  • defining customer scenarios
  • defining KPIs to measure customer satisfaction
  • aligning stakeholders around vision for product
  • prioritizing between existing and new customers, product features and improvements

Insights

How Many Years of Experience Do Professionals Need Before Becoming Product Manager?
On average, people work 7+ years in other positions prior to becoming a Product Manager.
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Sales RepresentativeHouston, TX - 8 months ago
This proves that Product Managers truly understand different perspectives. 👏
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HR SpecialistBoston, MA - 8 months ago
Why do Product Managers always get all the good jobs? 🤬
How Long Do Product Manager Employees Typically Stay in Their Roles?
On average, Product Managers works in this position for 3-5 years across multiple employers.
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HR ManagerDallas, TX - 8 months ago
🤔 Well, as an HR Manager, the turnover rate for Product Managers can cause some challenges when finding the perfect fit for their aspirations.
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Financial AnalystBoston, MA - 8 months ago
I believe there is a correlation between the job loyalty of Product Managers and the financial incentives offered in each role. Higher salaries might lead to more changes!
What Is the Job Hopper Score for Product Manager Employees?
Frequent job changes in Product Manager, indicating a willingness to change companies and roles more frequently.
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Marketing SpecialistMiami, FL - 8 months ago
I love how Product Managers embrace change and seek new opportunities. It keeps the job exciting and fresh! 🌟
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4 months ago
Changing jobs often means the individual isn’t happy and deserves to be happy in the correct environment! No one should feel stuck in their career or field!

Career path

Path to job

Discover a Product Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Product Manager typically studied at.
Northwestern University
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Product Manager Employees?
Gender ratio in Product Manager position: 0.685123367719797 Male and 0.314876632280203 Female. Age ratio in Product Manager position: 16-20: 3%, 21-30: 57%, 31-40: 30%, 41-50: 8%, 51-60: 2%, 60+: 0%. Product Manager position is predominantly male (68.5%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Product ManagerBoston, MA - 8 months ago
Why are there virtually no Product Managers above 60? Don't they have valuable experience? 👴
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Product ManagerSan Francisco, CA - 8 months ago
Seriously, 57% of Product Managers are aged 21-30? We need more experienced professionals in this field! 😡

Workplaces

Who Are the Top Employers for Product Manager?
Top employers of Product Manager position: Amazon, Cisco, Facebook. People who work in Product Manager position most typically go on to work for the Amazon.
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Business AnalystSeattle, WA - 8 months ago
Amazon being the top employer for Product Managers doesn't shock me. They're always on top!
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IT ConsultantDallas, TX - 8 months ago
Amazon, Facebook, and Cisco? These Product Managers must be highly sought after!
Amazon
Cisco
Facebook
What Industries Does Product Manager Typically Have Experience In?
Industry Background: The most typical industries of Product Manager: Information Technology, Manufacturing, Retail, Finance & Insurance, Professional / Scientific / Technical. Product Manager employees most likely come from a Information Technology industry background.
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Product ManagerHouston, TX - 8 months ago
In the finance & insurance sector, being a Product Manager requires a deep understanding of complex financial products, regulations, and a keen eye for risk management. Not for the faint-hearted!
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Product ManagerNew York City, NY - 8 months ago
As a highly analytical and strategic Product Manager in the professional / scientific / technical field, I'm always crunching numbers and conducting market research. It's all about making data-driven decisions! 💪

Find your job as Product Manager

Discussion about Product Manager

Want to know more about Product Manager position?
Share your thoughts and ideas about Product Manager position with others in our community.
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What typical interview questions do you have to answer?
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6 months ago
Tell me about your self
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6 months ago
How can you bring value to the team
Is Product Manager a female or male dominated profession?
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Isabella Holmes3 years ago
30% are women in this profession only.
What is the typical age of people who work as a Product Manager?
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Isabella Holmes3 years ago
The average age is 30
Is a Product Manager considered to be a junior profession?
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Isabella Holmes3 years ago
7 years of experience is needed on average for a Product Manager.
What industries does a Product Manager typically work in?
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Isabella Holmes3 years ago
Manufacturing is the most frequent for a Product Manager.
What kind of degree is needed to work as a Product Manager?
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Isabella Holmes3 years ago
A Bachelor of Science degree could not hurt if you want to be a Product Manager
As a Product Manager, which company should I definitely check out for jobs?
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Sophie Hayes3 years ago
Most people work for Amazon, Cisco, Facebook, Google and IBM
How many years of experience as a Product Manager is needed in average to switch to another position?
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Sophie Hayes3 years ago
A Product Manager typically moves on after 4 years
How frequently people change companies if they work as a Product Manager?
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Isabella Holmes3 years ago
We can say that a Product Manager is likely a job hopper role.
What work history do people usually have before becoming a Product Manager?
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Liam Brown3 years ago
You have a good chance of becoming a Product Manager if you are working as Project Manager, Business Analyst or Marketing Manager
What are the typical next steps for someone working as a Product Manager?
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Benjamin Gardner3 years ago
Consider the following: Director OF Product Management, Marketing Manager or Project Manager
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Disclaimer

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