Associate Product Manager Salary

Associate Product Managers in the United States pull down an average of $60K per year. Incomes of Associate Product Managers vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $10K cause paychecks to spread between $41K on the low end and $90K on the high end. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Men working as Associate Product Managers who took the survey just slightly outnumber women at 51 percent. Medical benefits are awarded to almost all, and a large number earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$40,869 - $85,225
(Median)
$41K
$60K
$85K
MEDIAN: $59,772
10%
50%
90%

Add this chart to your site: 640px    300px

$11.96 - $27.60
(Median)
$12
$17
$28
MEDIAN: $17.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Salary
$40,869 - $85,225  
   
Bonus
$0.00 - $9,797  
Profit Sharing
$259.34 - $9,787  
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).
)
$41,274 - $89,555  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 964
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$11.96 - $27.60  
   
Overtime
$0.00 - $35.49  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $9,797  
   
Profit Sharing
$259.34 - $9,787  
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).
)
$41,274 - $89,555  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 13
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Many Associate Product Managers move into a Senior Product Manager role, and folks who currently hold that position report a much higher median income of $123K per year. When Associate Product Managers are ready for the next step in their careers, they often become Product Marketing Managers or Product Managers. Those roles pay an additional $26K and $14K, respectively.

Product Manager, (Unspecified Type) Job Listings

Search for more jobs:

Popular Skills for Associate Product Manager


Associate Product Managers seem to wield many 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. 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.


Experience does not seem to be a strong driver of pay increase in this role. Although individuals who have less than five years' experience earn $60K on average, people with five to 10 years benefit from a notably larger average of $68K. Associate Product Managers with one to two decades of relevant experience report an average salary of approximately $68K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $72K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


For Associate Product Managers, busy Irvine offers a higher-than-average pay rate, 43 percent above the national average. Associate Product Managers will also find cushy salaries in Mountain View (+40 percent), Seattle (+16 percent), Minneapolis (+14 percent), and Austin (+13 percent). Associate Product Managers in Portland report much lower salaries than the rest of the country — 24 percent below the national average — proving that residence is a major factor in 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

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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%

Project Management
up arrow 1%

Product Support
up arrow 1%

Marketing Communications
0%

National Average
$61,000

Market Analysis
up arrow 1%

Market Research
up arrow 2%

Data Analysis
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 113 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
7%
1-4 years
68%
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%
ADVERTISEMENT