Pricing Manager Salary

Median pay for Pricing Managers in the United States is around $82K annually. Total cash earnings of Pricing Managers range from $46K on the low end to $126K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $18K and $12K, respectively. Residence is the biggest factor affecting pay for this group, followed by experience level. Men make up a slight majority of Pricing Managers (56 percent) who responded to the survey. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. The majority of workers are highly satisfied with their job. The data in this summary comes from the PayScale salary survey.

$50,111 - $116,727
(Median)
$50K
$82K
$120K
MEDIAN: $82,145
10%
50%
90%

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$9.83 - $23.50
(Median)
$9
$14
$24
MEDIAN: $13.00
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$50K$100K$150K
Salary
$50,111 - $116,727  
   
Bonus
$0.00 - $17,688  
Profit Sharing
$483.39 - $11,878  
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).
)
$45,883 - $126,244  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 705
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
$9.83 - $23.50  
   
Overtime
$14.43 - $32.23  
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
$0.00 - $17,688  
   
Profit Sharing
$483.39 - $11,878  
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).
)
$45,883 - $126,244  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 54
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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

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

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Popular Skills for Pricing Manager


Survey results show that Pricing Managers use a fair number of skills. Most notably, skills in Financial Modeling, Financial Analysis, Data Analysis, and Set Pricing Levels are correlated to pay that is above average. At the other end of the pay range are skills like People Management and Business Analysis. Most people familiar with Data Analysis also know Microsoft Excel.

Pay by Experience Level for Pricing Manager

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


Survey participants with less than five years' experience pocket $72K on average, but those with five to 10 years of experience enjoy a much bigger median of $85K. After working for 10 to 20 years, Pricing Managers make a median salary of $96K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Pricing Managers report making only $92K on average.

Pay Difference by Location

National Average: $84,298

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

For Pricing Managers, busy San Francisco offers a higher-than-average pay rate, 32 percent above the national average. Pricing Managers can also look forward to large paychecks in cities like Philadelphia (+27 percent), Raleigh (+25 percent), Washington (+20 percent), and Dallas (+17 percent). Compared to the national average, Miami Pricing Managers have considerably lower salaries, 31 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Workers in Denver and Seattle earn salaries that trail the national average for those in this profession (16 percent less and 15 percent less, respectively).

Related Job Salaries

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Experience Affects Pricing Manager Salaries




National Average
$84,000


Skills That Affect Pricing Manager Salaries

Financial Modeling
up arrow 16%


Data Analysis
up arrow 2%

Set Pricing Levels
up arrow 2%

Pricing
0%

Microsoft Excel
0%

National Average
$84,000

People Management
up arrow 5%

Business Analysis
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 112 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
38%
10-19 years
29%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
medical benefits
Vision: 71%
dental benefits
None: 8%
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