Pricing Manager Salary

Pricing Managers in the United States can expect wages of $82K per year on average. With some bonuses approaching $17K and certain profit sharing proceeds approaching $10K, overall incomes of Pricing Managers spread between $46K and $122K depending on individual performance. Geography and career duration each impact pay for this group, with the former having the largest influence. Men make up a slight majority of Pricing Managers (55 percent) who responded to the survey. Job satisfaction is reported as high by the vast majority of workers. 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.

$54,490 - $115,906
$54K
$82K
$120K
MEDIAN: $82,072
10%
50%
90%

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$10.62 - $24.71
$11
$16
$25
MEDIAN: $15.98
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
$54,490 - $115,906  
   
Bonus
$1,163 - $16,726  
Profit Sharing
$0.00 - $9,787  
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).
)
$45,965 - $121,900  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 423
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
$10.62 - $24.71  
   
Overtime
$0.00 - $34.57  
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
$1,163 - $16,726  
   
Profit Sharing
$0.00 - $9,787  
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).
)
$45,965 - $121,900  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 36

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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 takers working as Pricing Managers report using a large range of professional skills. Most notably, facility with Financial Modeling, Strategy, and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 29 percent, 22 percent, and 15 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Microsoft Office. Those proficient in Data Analysis are, more often than not, also skilled in Microsoft Excel.

Pay by Experience Level for Pricing Manager

Pay by Experience for a Pricing Manager has a positive trend. An entry-level Pricing Manager with less than 5 years of experience can expect to earn an average total compensation of $75,000 based on 150 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Pricing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $86,000 based on 228 salaries. An experienced Pricing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $92,000 based on 158 salaries. A Pricing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $91,000 based on 46 salaries.

Pay Difference by Location

National Average: $82,854

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

Home to some of the best pay for Pricing Managers, Washington offers exceptional salaries, 40 percent above the national average. Pricing Managers will also find cushy salaries in San Francisco (+34 percent), Philadelphia (+29 percent), Raleigh (+27 percent), and Atlanta (+14 percent). With compensation 12 percent below the national average, Phoenix is not known for hefty paychecks and actually represents the lowest-paying market. Workers in New York and Seattle earn salaries that trail the national average for those in this profession (7 percent less and 6 percent less, respectively).

Related Job Salaries

Key Stats for Pricing Manager

Gender

Female
45 %
Male
55 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 73 votes.
Less than 1 year
1%
1-4 years
19%
5-9 years
38%
10-19 years
32%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Pricing Manager Salaries

▲11%

▲10%

▲4%

National Average
$83,000

▼10%

Skills That Affect Pricing Manager Salaries

Financial Modeling
▲29%

Strategy
▲22%


SQL
▲3%



Pricing
▼0%

Set Pricing Levels
▼0%

National Average
$83,000

People Management
▼3%

Business Analysis
▼3%

Microsoft Office
▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 73 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
38%
10-19 years
32%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 86%
vision benefits
Vision: 75%
no benefits
None: 8%