Pricing Manager Salary

Pay for Pricing Managers in the United States sits in the ballpark of $82K per year. Total incomes of Pricing Managers incorporate potential for, in a few cases, more than $18K from bonuses and close to $12K from profit sharing; these performance components cause packages to range between $47K and $125K. Geography and years of experience each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. Male Pricing Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 57 percent of the field. The data for this synopsis comes from respondents who took the PayScale salary survey.

$50,143 - $114,815

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$9.76 - $20.75

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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
$50,143 - $114,815  
   
Bonus
$0.00 - $17,595  
Profit Sharing
$202.73 - $12,089  
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).
)
$46,553 - $124,992  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 649
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
$9.76 - $20.75  
   
Overtime
$14.44 - $32.66  
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 - $17,595  
   
Profit Sharing
$202.73 - $12,089  
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).
)
$46,553 - $124,992  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 44
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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.

Pricing Manager Job Listings

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Popular Skills for Pricing Manager


Pricing Managers seem to require a number of specific skills. Most notably, facility with Financial Modeling and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 35 percent and 5 percent, respectively. Skills that pay less than market rate include People Management. Most people experienced in 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.


Relatively untried employees who have less than five years' experience make $71K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $84K. Pricing Managers see a median salary of $97K after reaching one to two decades on the job. Pricing Managers who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $95K.

Pay Difference by Location


Home to some of the best pay for Pricing Managers, Philadelphia offers exceptional salaries, 32 percent above the national average. Pricing Managers will also find cushy salaries in Minneapolis (+29 percent), Raleigh (+25 percent), Washington (+24 percent), and San Francisco (+24 percent). Place of residence plays a huge part in a Pricing Manager's salary, with Denver Pricing Managers earning salaries that are 27 percent less than the national average. Workers in Seattle and Phoenix earn salaries that trail the national average for those in this profession (12 percent less and 8 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 35%


Data Analysis
up arrow 3%

Pricing
up arrow 1%

Set Pricing Levels
up arrow 1%

Microsoft Excel
0%

National Average
$84,000

People Management
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 115 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
38%
10-19 years
30%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 8%
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