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Product Management Director Salary

Salaries for Product Management Directors in the United States are generous, with average pay above six figures ($142K) per year. In the world of Product Management Directors, overall cash allowance can occasionally include more than $30K from bonuses and, in some exceptional cases, $16K from profit sharing, causing incomes to vary widely between $98K and $176K. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Making up 77 percent of those who took the survey, male Product Management Directors greatly outnumber their female counterparts. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction for Product Management Directors is high. The data for this synopsis comes from respondents who took the PayScale salary survey.
$91,832 - $158,642
(Median)
$92K
$130K
$160K
MEDIAN: $128,516
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$60K$120K$180K
Salary
$91,832 - $158,642  
   
Bonus
$4,876 - $29,670  
Profit Sharing
$2,043 - $15,598  
Commission
$1,965 - $20,347  
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).
)
$98,435 - $175,961  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,356
United States (change)

Job Description for Product Management Director

A product management director typically oversees a product's development from concept or the planning phase until completion, focusing on the quality of the finished product and the efficiency of the production process. A product management director may be assigned to oversee existing products in their improvement process or maintenance of their existing standards.

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Product Management Director Tasks

  • Evaluate financial aspects of product development.
  • This includes budgets, expenditures, research and development appropriations, returns-on-investment and profit-loss projections.
  • Oversee the creation of strategic plans to ensure the sale and profitability of new products, lines, and services.

Common Career Paths for Product Management Director


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Compensation usually increases greatly for Product Management Directors who advance to upper-end positions like VP of Product Management. VPs of Product Management make $177K per year on average. It is quite typical for Product Management Directors to transition into roles as Senior Product Management Directors or Marketing VPs, where reported median earnings are $17K and $6K higher per year.

Product Management Director Job Listings

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Popular Skills for Product Management Director


Survey participants wield an impressively varied skill set on the job. Most notably, skills in People Management, Strategy, Production Management, and Strategic Planning are correlated to pay that is above average, with boosts of 7 percent, 6 percent, 5 percent, and 5 percent, respectively. Skills that pay less than market rate include Project Management. Those educated in Business Strategy tend to be well versed in Product Marketing and Leadership.

Pay by Experience Level for Product Management Director

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


Individuals who have worked for fewer than five years report earning $114K on average, a generous six-figure sum for those just starting out. Product Management Directors who work for 10 to 20 years in their occupation tend to earn about $147K. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.

Pay Difference by Location


San Jose, Mountain View, and Palo Alto — each tucked away in California — boast salaries above the national rate for Product Management Directors, making this state top of the list for those looking to make even more money in this profession. In Denver, salaries are 10 percent below the national average and represent the lowest-paying market. Not at the bottom but still paying below the median are employers in Atlanta and New York (8 percent lower and 5 percent lower, respectively).

Related Job Salaries

Experience Affects Product Management Director Salaries



National Average
$142,000



Skills That Affect Product Management Director Salaries

People Management
up arrow 7%




Business Strategy
up arrow 4%

Product Marketing
up arrow 4%

Leadership
up arrow 4%

Product Management
up arrow 4%

Strategic Marketing
up arrow 4%

Program Management
up arrow 3%

Product Development
up arrow 2%

Requirements Analysis
up arrow 2%

User Interface Design
0%

National Average
$142,000

Agile
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 287 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
22%
10-19 years
56%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 77% employee benefits None: 3%