Product Management Director Salary

On average, Product Management Directors in the United States earn six-figure salaries ($131K) annually, making for a very well-paid profession. In the world of Product Management Directors, overall income ranges from $99K near the bottom to $177K at the top; this can include more than $30K from bonuses and more than $19K from profit sharing in exceptional cases. Geographic location and career length each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and nearly all collect dental insurance. Generally, women make up less than a third of all Product Management Directors who answered the questionnnaire. Job satisfaction is high and work is enjoyable for most Product Management Directors. The information for this snapshot was generated by responses to the PayScale salary survey.

$93,380 - $161,648

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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$60K$120K$180K
Salary
$93,380 - $161,648  
   
Bonus
$4,860 - $29,517  
Profit Sharing
$1,927 - $19,458  
Commission
$7,500 - $37,500  
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).
)
$99,187 - $177,395  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,469
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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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Product Management Directors might see a strong upturn in salary after transitioning into upper-level roles such as VP of Product Management, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $176K per year. Senior Product Management Directors or Marketing VPs are common next-step roles for Product Management Directors moving up in their careers; annual pay for Senior Product Management Directors is $16K higher on average, and it's $4K higher for Marketing VPs.

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Popular Skills for Product Management Director


Survey results imply that Product Management Directors deploy a substantial tool kit of skills at work. Most notably, skills in People Management, Strategy, Product Management, and Production Management are correlated to pay that is above average, with boosts between 3 percent and 6 percent. Skills that pay less than market rate include Project Management and Agile. Most people skilled in Product Development are similarly competent in Product Marketing and Leadership. Most people experienced in Business Strategy also know Leadership and Product Marketing.

Pay by Experience Level for Product Management Director

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


Product Management Directors do not generally earn higher incomes from more experience in the field. Salaries for the relatively untried average out to around $115K, but survey participants with five to 10 years of experience earn a significantly higher median of $137K. Product Management Directors with one to two decades of relevant experience report an average salary of approximately $149K. Product Management Directors who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Pay Difference by Location


For Product Management Directors, California means bigger paychecks — those in San Jose, Mountain View, and Palo Alto earn more than Product Management Directors in the rest of the country. With compensation 10 percent below the national average, Denver is not known for hefty paychecks and actually represents the lowest-paying market. A couple other locations with smaller-than-average paychecks include Atlanta (10 percent lower) and New York (4 percent lower).

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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%


Business Strategy
up arrow 3%

Product Management
up arrow 3%

Production Management
up arrow 3%

Leadership
up arrow 2%

Strategic Planning
up arrow 2%

Strategic Marketing
up arrow 2%

Program Management
up arrow 1%

Product Development
0%

Product Marketing
0%

Requirements Analysis
0%

User Interface Design
0%

National Average
$144,000

Agile
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 246 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
17%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 79% employee benefits None: 3%
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