The Product Manager is an important part of an organization and hence a Product Manager salary is also a crucial aspect he needs to be paid good so as to grow the company to its fullest extent, before getting into the deep sector determining a product manager salary.
Who is a Product Manager?
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The concept of Product Manager is similar to the concept of a brand manager at a consumer packaged goods company. It can be said that the Product Manager is the CEO of the particular product assigned to him and he is responsible for building a strategy, a roadmap and execution plan towards the product. The Product Manager Salary depends on the overall profit and loss of the product.
The definition of a product manager can be stated as
“to discover a product that is valuable, usable and feasible”
What are the roles of a product manager?
- Acts as the CEO of the Product
- Product Manager salary owns “what” and “why”.
- Focus is on customers, markets, trends, and revenue
- Drives creativity in the organization
- Does market research
- Develops a list of feature set for product
- Creates product flow
- Manages the product roadmap
- Develops use cases
- Manages the issue list
- Understands business as well as user experience
- Can influence product shipping dates and market
- Product Manager salary is evaluated on success of the product itself
- A product manager is successful if the customer has brought and using the product
So here was a rough overview on what exactly is a product manager and how exactly a product management functions, without wasting much time lets move on to the most important topic and what you all guys have been waiting for :p
Lets get to it
How Much is Product Manager Salary?
The salary of a product manager differs from country to country as we move from east to west but we can go with an average number by considering the overall Product Manager Salary.
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Product Manager Salaries in the United States
The average Product Manager Salary in the United States is
Product Manager salaries according to Cities
| City | Salary |
| Product Manager Salary in San Francisco | $117,444 |
| Product Manager Salary in New York City | $104,458 |
| Product Manager Salary in San Francisco | $96,866 |
| Product Manager Salary in Boston | $101,600 |
| Product Manager Salary in Atlanta | $94,761 |
| Product Manager Salary in Austin | $98,514 |
| Product Manager’s Salary in Seattle | $114,134 |
| Product Manager’s Salary in San diego | $103,124 |
| Product Manager’s Salary in Denver, CO | $88,392 |
| Product Manager’s Salary in Dallas | $95,247 |
| Product Manager’s Salary in Minneapolis | $95,000 |
Product Manager Salary According to Companies
| Company | Salary/year |
| Thomson Reuters | $1,19,519 |
| $1,49,813 | |
| Citibank |
$1,29,357 |
| Bloomberg L.P. | $1,60,460 |
| Macy’s | $96,043 |
| J.P. Morgan | $1,28,336 |
| IBM | $95,145 |
| BASF Corporation | $1,15,860 |
| Dun & Bradstreet | $1,30,116 |
| E*TRADE Financial | $97,567 |
| AOL | $1,02,367 |
| Viacom | $90,933 |
| NBCUniversal | $1,08,048 |
| AppNexus | $1,17,423 |
| Johnson & Johnson |
$1,19,569 |
| Alcatel-Lucent | $1,21,917 |
| Bloomingdale’s | $1,13,623 |
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