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Product Management Director Salary

Generous salaries abound for Product Management Directors in the United States, with average pay above six figures ($130K) per year. Total cash compensation to Product Management Directors approaches anywhere from $99K on the lower end to $177K on the higher end; in exceptional cases, this can include more than $30K from bonuses and upwards of $15K from profit sharing. Geography and tenure each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Product Management Directors report high levels of job satisfaction. Generally, women make up less than a third of all Product Management Directors who answered the questionnnaire. The data for this synopsis comes from respondents who took the PayScale salary survey.

$92,267 - $160,265
(Median)
$92K
$130K
$160K
MEDIAN: $129,740
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
$92,267 - $160,265  
   
Bonus
$4,881 - $29,764  
Profit Sharing
$2,383 - $15,490  
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).
)
$98,710 - $176,973  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,413

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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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Many Product Management Directors move into a VP of Product Management role, and folks who currently hold that position report a much higher median income of $176K per year. Product Management Directors moving up in their careers tend to step into positions as Senior Product Management Directors or Marketing VPs. The median paychecks in those roles are $17K higher and $5K higher, respectively.

Product Management Director Job Listings

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Popular Skills for Product Management Director


Product Management Directors seem to wield many skills on the job. Most notably, skills in People Management, Strategy, Product Management, and Strategic Planning are correlated to pay that is above average, with boosts between 4 percent and 7 percent. At the other end of the pay range are skills like Project Management. Those proficient in Business Strategy are, more often than not, also skilled 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.


Respondents with less than five years' experience take home $116K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $137K. For Product Management Directors, 10 to 20 years of experience on the job amounts to an average salary of $148K. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


California cities San Jose, Mountain View, and Palo Alto are lucrative areas for Product Management Directors, where pay is not only higher than the national average but also represents the three highest-paid areas in the country. Atlanta is the lowest-paying area, 11 percent south of the national average. A couple other locations with smaller-than-average paychecks include Denver (11 percent lower) and New York (5 percent lower).

Related Job Salaries

United States (change)

Experience Affects Product Management Director Salaries



National Average
$143,000



Skills That Affect Product Management Director Salaries

People Management
up arrow 7%


Product Management
up arrow 4%

Business Strategy
up arrow 3%

Leadership
up arrow 3%

Strategic Planning
up arrow 3%

Production Management
up arrow 3%

Program Management
up arrow 3%

Strategic Marketing
up arrow 2%

Product Development
up arrow 1%

Product Marketing
up arrow 1%

Requirements Analysis
up arrow 1%

User Interface Design
up arrow 1%

National Average
$143,000

Agile
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 266 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
22%
10-19 years
55%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 78% employee benefits None: 3%