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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 ($130K) per year. Including potential for bonuses and profit sharing — peaking near $30K and $20K, respectively — total cash payment to Product Management Directors can bottom out near $99K or peak near $178K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career duration. Medical benefits are awarded to nearly all, and most earn dental coverage. Making up 76 percent of those who took the survey, male Product Management Directors greatly outnumber their female counterparts. Most Product Management Directors report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.

$93,214 - $161,168
(Median)
$93K
$130K
$160K
MEDIAN: $130,302
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
$93,214 - $161,168  
   
Bonus
$4,893 - $29,796  
Profit Sharing
$2,043 - $19,620  
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).
)
$99,237 - $177,944  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,448
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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 $177K per year. Product Management Directors typically move into roles as Senior Product Management Directors or Marketing VPs, and those positions pay $17K more and $5K more, 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 6 percent. Skills that are correlated to lower pay, on the other hand, include Project Management and Agile. It is often found that people who know Business Strategy are 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.


More years of relevant experience do not necessarily translate to higher paychecks. Large paychecks, which sit comfortably in the six-figure range, are handed out almost immediately; professionals who have less than five years' experience report earning a median of $116K per year. Product Management Directors with one to two decades of relevant experience report an average salary of approximately $149K. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location


For Product Management Directors, top-notch salaries can be found in California: San Jose, Mountain View, and Palo Alto offer exceptional salaries — better than the national average for those in this field and higher than any other city in the United States. Atlanta is the lowest-paying area, 11 percent south of the national average. Workers in Denver and New York earn salaries that trail the national average for those in this profession (10 percent less and 5 percent less, respectively).

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Experience Affects Product Management Director Salaries



National Average
$144,000



Skills That Affect Product Management Director Salaries

People Management
up arrow 6%


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%

National Average
$144,000

User Interface Design
up arrow 1%

Agile
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 261 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
56%
20 years or more
16%

Common Health Benefits

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