Associate Product Manager Salary

Median pay for Associate Product Managers in the United States is around $61K per year. Overall cash earnings of Associate Product Managers stretch from $42K near the bottom to $90K at the top, and the heftiest packages can encompass around $10K each from bonuses and profit sharing. Geography and career duration each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Men make up a slight majority of Associate Product Managers (50 percent) who responded to the survey. The majority of workers are highly satisfied with their job. 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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Associate Product Managers might see a strong upturn in salary after transitioning into upper-level roles such as Senior Product Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $123K per year. Associate Product Managers moving up in their careers tend to step into positions as Product Managers or Product Marketing Managers. The median paychecks in those roles are $14K higher and $26K higher, respectively.

Product Manager, (Unspecified Type) Job Listings

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Popular Skills for Associate Product Manager


Associate Product Managers seem to wield many 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 seem to negatively impact pay include Microsoft Excel, Data Analysis, and Market Research. Those familiar with Product Development also tend to know 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. Survey participants with less than five years' experience pocket $61K on average, but those with five to 10 years of experience enjoy a much bigger 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.

For those looking to make money, Associate Product Managers in Mountain View enjoy an exceptional pay rate, 38 percent above the national average. Associate Product Managers will also find cushy salaries in Seattle (+14 percent), New York (+13 percent), San Francisco (+11 percent), and Minneapolis (+10 percent). One of the biggest compensable factors for Associate Product Managers is geography, with workers in Portland earning a whopping 26 percent below the national average. Workers in Milwaukee and Madison earn salaries that trail the national average for those in this profession (19 percent less and 17 percent less, respectively).

Associate Product Manager Reviews

What is it like working as an Associate Product Manager?

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.

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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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