Pricing Managers in the United States take home approximately $82K per year on average. Including potential for bonuses and profit sharing — peaking near $16K and $9K, respectively — total cash payment to Pricing Managers can bottom out near $46K or peak near $122K depending on individual performance. Geographic location and tenure 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 Pricing Managers who took the survey just slightly outnumber women at 54 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.

$52,983 - $115,435
$53K
$82K
$120K
MEDIAN: $81,857
10%
50%
90%

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$10.59 - $24.58
$11
$15
$25
MEDIAN: $15.47
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$50K$100K$150K
Salary
$52,983 - $115,435  
   
Bonus
$1,225 - $16,426  
Profit Sharing
$0.00 - $9,000  
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).
)
$45,735 - $121,803  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 451
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$25$50$75
Hourly Rate
$10.59 - $24.58  
   
Overtime
$0.00 - $34.71  
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$50K$100K$150K
Bonus
$1,225 - $16,426  
   
Profit Sharing
$0.00 - $9,000  
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).
)
$45,735 - $121,803  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 39

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Pricing Manager

Pricing managers assist with the accounting and pricing aspects of their organization. They work with the accounting staff, vendors, and employees to manage department workflow. This includes monitoring price and market movements, compliance with regulations and policies, and the control of associated risks. It also includes formulating and executing pricing policy changes in compliance with industry standards, analyzing price changes, troubleshooting processes, supporting audits, and conducting pricing optimization.

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Pricing Manager Tasks

  • Conduct financial modeling and analysis to determine prices for products.
  • Train and supervise pricing analysts.
  • Work with product developers to make sure products are competitive.
  • Identify and monitor competitors and adapt pricing strategies to reflect changes in the market.

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Popular Skills for Pricing Manager


Survey results imply that Pricing Managers put a diverse skill set to use. Most notably, facility with Financial Modeling and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 29 percent and 13 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Microsoft Office. For most people, competency in Data Analysis indicates knowledge of Microsoft Excel.

Pay by Experience Level for Pricing Manager

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


Salaries for the relatively untried average out to around $75K, but survey participants with five to 10 years of experience earn a significantly higher median of $86K. Pricing Managers see a median salary of $94K after reaching one to two decades on the job. For some reason, Pricing Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $88K.

Pay Difference by Location

National Average: $82,904

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

With a pay rate for Pricing Managers that is 40 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Pricing Managers will also find cushy salaries in San Francisco (+34 percent), Philadelphia (+29 percent), Raleigh (+27 percent), and Atlanta (+16 percent). The smallest paychecks in the market, 12 percent south of the national average, can be found in Phoenix. Workers in New York and Seattle earn less than others in this profession; their salaries fall short of the national average by 7 percent.

Related Job Salaries

Key Stats for Pricing Manager

Gender

Female
46 %
Male
54 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.
038
Less than 1 year
1%
1-4 years
19%
5-9 years
39%
10-19 years
31%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Pricing Manager Salaries




National Average
$83,000


Skills That Affect Pricing Manager Salaries

Financial Modeling
up arrow 29%


SQL
up arrow 3%


up arrow 1%


Set Pricing Levels
0%

National Average
$83,000

People Management
up arrow 3%

Business Analysis
up arrow 3%

Microsoft Office
up arrow 14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
39%
10-19 years
31%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 84%
vision benefits
Vision: 74%
dental benefits
None: 9%
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