Associate Product Manager Salary

The average Associate Product Manager in the United States can expect to rake in roughly $60K per year. Total cash compensation to Associate Product Managers varies from $41K to $89K; higher pay grades include potential for bonuses and profit sharing as high as $10K each. Geography and career length each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Men make up a slight majority of Associate Product Managers (51 percent) who responded to the survey. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$40,960 - $85,188

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$12.12 - $28.38

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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$30K$60K$90K
Salary
$40,960 - $85,188  
   
Bonus
$0.00 - $9,797  
Profit Sharing
$253.11 - $9,674  
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).
)
$41,306 - $89,406  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 985
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$15$30$45
Hourly Rate
$12.12 - $28.38  
   
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$30K$60K$90K
Bonus
$0.00 - $9,797  
   
Profit Sharing
$253.11 - $9,674  
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).
)
$41,306 - $89,406  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 17
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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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Associate Product Managers often transition into Senior Product Manager positions, for which compensation tends to be much higher. On average, Senior Product Managers earn $123K per year. Associate Product Managers typically move into roles as Product Marketing Managers or Product Managers, and those positions pay $27K more and $14K more, respectively.

Product Manager, (Unspecified Type) Job Listings

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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, facility with Business Strategy, Business Analysis, and Agile are correlated to pay that is significantly above average, leading to increases of 26 percent, 20 percent, and 18 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Data Analysis. It is often found that people who know Product Development are also skilled 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.


More years of relevant experience do not necessarily translate to higher paychecks. Workers in their first five years can expect to earn $60K, but people who have been around for five to 10 years earn a noticeably bigger sum of $68K. After working for 10 to 20 years, Associate Product Managers make a median salary of $68K. 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


Irvine is home to an above-average pay rate for Associate Product Managers, 43 percent higher than the national average. Associate Product Managers will also find cushy salaries in Mountain View (+41 percent), Seattle (+16 percent), Minneapolis (+14 percent), and Austin (+13 percent). The lowest-paying market is Portland, which sits 24 percent below the national average, proving that location is a significant contributor to overall pay. Milwaukee and Madison are a couple other places where companies are known to pay below the median — salaries tend to be 17 percent less than the median.

Associate Product Manager Reviews

What is it like working as an Associate Product Manager?

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 17%



National Average
$61,000


Skills That Affect Associate Product Manager Salaries

Business Strategy
up arrow 26%

Business Analysis
up arrow 20%

Agile
up arrow 18%

Production Management
up arrow 10%


Product Marketing
up arrow 2%

Product Development
up arrow 1%

Product Support
up arrow 1%

Project Management
0%

Marketing Communications
0%

National Average
$61,000

Market Analysis
up arrow 1%

Market Research
up arrow 2%

User Interface Design
up arrow 2%

Data Analysis
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 115 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
8%
1-4 years
69%
5-9 years
18%
10-19 years
5%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 87%
vision benefits Vision: 74% employee benefits None: 6%
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