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Associate Product Manager Salary

Median pay for Associate Product Managers in the United States lies in the neighborhood of $59K annually. Cash earnings of Associate Product Managers can occasionally include $10K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $41K to almost $88K. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Male Associate Product Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 52 percent of the field. Most Associate Product Managers report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
$40,831 - $83,012
(Median)
41K
49K
59K
71K
83K
MEDIAN: $58,705
10%
25%
50%
75%
90%

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$12.37 - $27.60
(Median)
12
17
22
28
MEDIAN: $16.00
10%
50%
75%
90%

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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
$40,831 - $83,012  
   
Bonus
$0.00 - $9,767  
Profit Sharing
$408.51 - $9,450  
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).
)
$41,013 - $87,592  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 784
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
$12.37 - $27.60  
   
Overtime
$0.00 - $35.36  
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 - $9,767  
   
Profit Sharing
$408.51 - $9,450  
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).
)
$41,013 - $87,592  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 13
United States (change)

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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Additional career progression can often lead to a hefty increase in pay for Associate Product Managers. Many move into a Senior Product Manager role where pay averages at $122K 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 $27K and $15K, respectively.

Product Manager, (Unspecified Type) Job Listings

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Popular Skills for Associate Product Manager


Associate Product Managers report using a large range of skills on the job. Most notably, facility with Business Analysis, Production Management, and Product Management are correlated to pay that is significantly above average, leading to increases of 24 percent, 10 percent, and 7 percent, respectively. Skills that are correlated to lower pay, on the other hand, include 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.


Those in the early stages of their career can expect to make around $59K; however, individuals with five to 10 years of experience bring in $69K on average — a distinctly larger sum. Associate Product Managers bring in $72K after working for 10 to 20 years. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location


Irvine offers some of the highest pay in the country for Associate Product Managers, 45 percent above the national average. Associate Product Managers can also look forward to large paychecks in cities like Mountain View (+42 percent), Seattle (+19 percent), Minneapolis (+18 percent), and Denver (+10 percent). Associate Product Managers in Portland take home the lowest salaries, earning a whopping 25 percent less than the national average. Below-median salaries also turn up in Madison and Milwaukee (19 percent lower and 16 percent lower, respectively).

Associate Product Manager Reviews

What is it like working as an Associate Product Manager?
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

Experience Affects Associate Product Manager Salaries


Late-Career
up arrow 18%


National Average
$60,000


Skills That Affect Associate Product Manager Salaries

Business Analysis
up arrow 24%

Production Management
up arrow 10%

Product Management
up arrow 7%

Product Development
up arrow 4%

Product Support
up arrow 4%

Product Marketing
up arrow 3%

Project Management
up arrow 1%

Market Analysis
up arrow 1%

Marketing Communications
up arrow 1%

National Average
$60,000

Market Research
up arrow 5%

Data Analysis
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 133 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
9%
1-4 years
66%
5-9 years
19%
10-19 years
5%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 87%
vision benefits Vision: 73% employee benefits None: 5%