Pricing Manager Salary

Pay for Pricing Managers in the United States sits in the ballpark of $82K per year. Total cash compensation to Pricing Managers approaches anywhere from $46K on the lower end to $125K on the higher end; in exceptional cases, this can include more than $18K from bonuses and upwards of $12K from profit sharing. Location and experience level each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. Work is enjoyable for Pricing Managers, who typically claim high levels of job satisfaction. Women are just slightly outnumbered, with male Pricing Managers making up 57 percent of survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.

$50,168 - $115,254
(Median)
$50K
$82K
$120K
MEDIAN: $81,511
10%
50%
90%

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$9.77 - $20.67
(Median)
$9
$14
$21
MEDIAN: $13.00
10%
50%
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$50K$100K$150K
Salary
$50,168 - $115,254  
   
Bonus
$0.00 - $17,833  
Profit Sharing
$204.26 - $12,057  
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).
)
$46,306 - $125,275  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 647
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$25$50$75
Hourly Rate
$9.77 - $20.67  
   
Overtime
$14.55 - $32.51  
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$50K$100K$150K
Bonus
$0.00 - $17,833  
   
Profit Sharing
$204.26 - $12,057  
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).
)
$46,306 - $125,275  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 45
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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


Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Financial Modeling, Financial Analysis, and Data Analysis are correlated to pay that is significantly above average, leading to increases of 36 percent, 5 percent, and 3 percent, respectively. At the other end of the pay range are skills like People Management. Those familiar with Data Analysis also tend to know Microsoft Excel.

Pay by Experience Level for Pricing Manager

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


Workers in their first five years can expect to earn $72K, but people who have been around for five to 10 years earn a noticeably bigger sum of $84K. Pricing Managers see a median salary of $97K after reaching one to two decades on the job. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $94K.

Pay Difference by Location


With a pay rate for Pricing Managers that is 32 percent greater than the national average, Philadelphia offers a comfortable salary for those in this profession. Pricing Managers will also find cushy salaries in Raleigh (+25 percent), Washington (+24 percent), San Francisco (+24 percent), and Dallas (+18 percent). The lowest-paying market is Denver, which sits 27 percent below the national average, proving that location is a significant contributor to overall pay. Below-median salaries also turn up in Seattle and Phoenix (11 percent lower and 8 percent lower, 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 36%


Data Analysis
up arrow 3%

Pricing
up arrow 1%

Microsoft Excel
up arrow 1%

Set Pricing Levels
up arrow 1%

National Average
$84,000

People Management
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 116 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
37%
10-19 years
30%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 69% employee benefits None: 8%
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