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Pricing Manager Salary

Pricing Managers in the United States pull down an average of $80K annually. In the world of Pricing Managers, total cash compensation can vary between $47K and $123K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $18K and $12K, respectively. Geography is the biggest factor affecting pay for this group, followed by career duration. Men working as Pricing Managers who took the survey just slightly outnumber women at 57 percent. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. The numbers in this rundown were provided by PayScale's salary survey participants.

$49,860 - $112,800
(Median)
$50K
$80K
$110K
MEDIAN: $80,369
10%
50%
90%

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$9.72 - $20.71
(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
$49,860 - $112,800  
   
Bonus
$0.00 - $17,868  
Profit Sharing
$487.96 - $12,153  
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).
)
$46,867 - $123,422  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 620
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
$9.72 - $20.71  
   
Overtime
$14.44 - $32.66  
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 - $17,868  
   
Profit Sharing
$487.96 - $12,153  
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).
)
$46,867 - $123,422  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 41

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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


Survey results suggest that Pricing Managers use a fairly large toolkit of professional skills. Most notably, skills in Financial Analysis, Data Analysis, Set Pricing Levels, and Pricing are correlated to pay that is above average. 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 of relatively inexperienced workers fall in the neighborhood of $70K, but folks who have racked up five to 10 years see a notably higher median of $84K. Pricing Managers who work for 10 to 20 years in their occupation tend to earn about $96K. Pricing Managers who claim more than two decades of experience actually make somewhat smaller average paychecks of $93K.

Pay Difference by Location


For Pricing Managers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Pricing Managers can also look forward to large paychecks in cities like Philadelphia (+33 percent), Raleigh (+26 percent), Washington (+21 percent), and Dallas (+19 percent). One of the biggest compensable factors for Pricing Managers is geography, with workers in Denver earning a whopping 26 percent below the national average. Employers also pay below the national average in Phoenix (9 percent lower) and Seattle (7 percent lower).

Related Job Salaries

United States (change)

Experience Affects Pricing Manager Salaries




National Average
$83,000


Skills That Affect Pricing Manager Salaries


Data Analysis
up arrow 4%

Pricing
up arrow 2%

Set Pricing Levels
up arrow 2%

Microsoft Excel
up arrow 1%

National Average
$83,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 125 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
36%
10-19 years
30%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 71% employee benefits None: 6%