Associate Product Manager Salary

Earnings for Associate Product Managers in the United States come in at around $61K annually on average. Overall cash earnings for Associate Product Managers vary widely between $42K and $90K; for a few high rollers, the final number can encompass upwards of $10K each from bonuses and profit sharing proceeds. Location is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction is reported as high by the vast majority of workers. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Women are just slightly outnumbered, with male Associate Product Managers making up 50 percent of survey respondents. Participants in PayScale's salary questionnaire provided the particulars of this report.

$41,939 - $86,467
(Median)
$42K
$61K
$86K
MEDIAN: $60,879
10%
50%
90%

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$11.85 - $27.93
(Median)
$12
$18
$28
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$31K$62K$93K
Salary
$41,939 - $86,467  
   
Bonus
$402.68 - $9,873  
Profit Sharing
$252.61 - $9,427  
Commission
$8,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,484 - $90,418  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,171
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$11.85 - $27.93  
   
Overtime
$0.00 - $35.36  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$402.68 - $9,873  
   
Commission
$8,500  
Profit Sharing
$252.61 - $9,427  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,484 - $90,418  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 20
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Job Description for Associate Product Manager

Associate product managers are in charge of managing an organization's product-related processes and materials. They are responsible for developing effective strategies to increase product output and overall company productivity, and so they must have an advanced understanding of production procedures and product allocation. Associate product managers implement data systems, in addition to providing adequate training for product handling. They must have leadership skills and work well with other managers to reach company product goals. They also need excellent research skills to propose new product ideas.

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Associate Product Manager Tasks

  • Develop pricing strategies to maximize the firm's profits and market share.
  • Oversee product development and monitor trends that indicate the need for new products and services.
  • Determine the demand for products and services offered by a firm and its competitors.

Common Career Paths for Associate Product Manager


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Advancing into a Senior Product Manager role seems to be a popular career move for Associate Product Managers, and folks who currently work in the latter position report a notably larger median income of $123K per year. Typical career progression for an Associate Product Manager involves becoming a Product Manager or a Product Marketing Manager, roles that pay $14K more and $26K more on average.

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Popular Skills for Associate Product Manager


Associate Product Managers seem to exploit a large range of skills on the job. Most notably, skills in Business Analysis, Agile, Production Management, and Product Management are correlated to pay that is above average, with boosts between 10 percent and 17 percent. Skills that pay less than market rate include Microsoft Excel, Data Analysis, and Market Research. Those educated in Product Development tend to be well versed in Product Marketing and Market Analysis.

Pay by Experience Level for Associate Product Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Associate Product Managers, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $61K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $68K. On average, Associate Product Managers make $70K following one to two decades on the job. After two decades in the workforce, the average Associate Product Manager generally earns more than ever; median pay for this group is estimated at $72K.

Pay Difference by Location

National Average: $62,349

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Associate Product Managers, Mountain View offers exceptional salaries, 38 percent above the national average. Associate Product Managers can also look forward to large paychecks in cities like Seattle (+14 percent), New York (+13 percent), San Francisco (+11 percent), and Minneapolis (+10 percent). Associate Product Managers in Portland earn salaries far below the national average by 26 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Not at the bottom but still paying below the median are employers in Milwaukee and Madison (19 percent lower and 17 percent lower, respectively).

Associate Product Manager Reviews

What is it like working as an Associate Product Manager?

Associate Product Manager in Pleasanton:
"You get to create and design product!"
Pros: I love this job. My daily interactions vary from Dev, QA, UX, Customers, Sales and my own team. No day is the same as a previous day and we're constantly put in front of many challenges. Best of all, I get to use my brain. This can be a positive in job satisfaction but also leaves you exhausted at the end of the day.
Cons: The worst part is the long commute to work and the pay.

Associate Product Manager in Denver:
Pros: The type of product we develop is fun. Fast-paced environment. The management for my department as well as my direct boss.
Cons: Underpaid for position and work ethic.

Associate Product Manager in Baltimore:
"A new challenge everyday."
Pros: Working as an Associate Product Manager allows me to be involved in every aspect of new product development and the product life cycle. I am able to participate in Engineering, R&D, Marketing, Quality, Production, etc. This give me a very broad range of knowledge of our product line and the challenges we face. I.
Cons: I am involved in every aspect of new product development and the product life cycle with no true authority to accomplish necessary tasks. It can be very political to get buy in from cross-functional teams when they have their own goals to accomplish. Each department is not always aligned with what is best for the product line as a whole rather than the individual or department.

Associate Product Manager in Milwaukee:
"Great place to learn."
Pros: My job is flexible and I am able to make a number of decisions without much management. I am able to participate in many facets of the business, allowing me to gain invaluable experience.

Associate Product Manager in Seattle:
"A Lot Of Project Management And Organization."
Pros: The creative and strategic aspect.
Cons: Project management and chasing people down to get work done.

Related Job Salaries

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Experience Affects Associate Product Manager Salaries

Late-Career
up arrow 15%



National Average
$62,000


Skills That Affect Associate Product Manager Salaries

Business Analysis
up arrow 17%

Agile
up arrow 16%

Production Management
up arrow 10%


Strategic Marketing
up arrow 6%

Product Development
up arrow 1%

Product Marketing
up arrow 1%

Project Management
0%

National Average
$62,000

Market Analysis
up arrow 1%

Marketing Communications
up arrow 1%

Product Support
up arrow 1%

User Interface Design
up arrow 2%

Market Research
up arrow 3%

Data Analysis
up arrow 4%

Microsoft Excel
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 140 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
8%
1-4 years
69%
5-9 years
17%
10-19 years
5%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 87%
medical benefits
Vision: 75%
dental benefits
None: 6%
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