Product Management Director Salary

Salaries for Product Management Directors in the United States are generous, with average pay above six figures ($133K) per year. In the world of Product Management Directors, overall cash allowance can occasionally include more than $31K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $101K and $185K. Location is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction is high and work is enjoyable for most Product Management Directors. Generally, women make up less than a third of all Product Management Directors who answered the questionnnaire. Medical benefits are awarded to nearly all, and almost all earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$95,162 - $167,938
(Median)
$95K
$130K
$170K
MEDIAN: $132,919
10%
50%
90%

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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$70K$140K$210K
Salary
$95,162 - $167,938  
   
Bonus
$4,931 - $30,646  
Profit Sharing
$988 - $20,463  
Commission
$17,500  
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).
)
$101,039 - $184,621  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,732
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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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Advancing into a VP of Product Management role seems to be a popular career move for Product Management Directors, and folks who currently work in the latter position report a notably larger median income of $178K per year. Product Management Directors most often move into positions as Senior Product Management Directors or Marketing VPs; those groups report median salaries that are $18K higher and $2K higher, respectively.

Product Management Director Job Listings

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Popular Skills for Product Management Director


Product Management Directors report using a large range of skills on the job. Most notably, skills in Strategy, Product Management, Business Strategy, and Production Management are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Project Management and Business Analysis. People who know Product Development usually also know Product Marketing and Leadership. Those educated in Business Strategy tend to be well versed in 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.


For Product Management Directors, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. 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 $117K per year. Product Management Directors claiming one to two decades of experience make an estimated median of $152K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $153K.

Pay Difference by Location

National Average: $146,477

Larger city markers indicate a job is popular in that location.

For Product Management Directors, above-average compensation can be found in California — San Jose, Palo Alto, and Mountain View are known as the cities with the best salaries for Product Management Directors. Atlanta is home to the smallest salaries in the field, lagging the national average by 10 percent. Not at the bottom but still paying below the median are employers in Minneapolis and Denver (8 percent less).

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Experience Affects Product Management Director Salaries



National Average
$146,000



Skills That Affect Product Management Director Salaries


Business Strategy
up arrow 3%

Product Management
up arrow 3%

Leadership
up arrow 2%

Production Management
up arrow 2%

Strategic Planning
up arrow 1%

Requirements Analysis
up arrow 1%

Strategic Marketing
up arrow 1%

Team Leadership
up arrow 1%

Product Development
0%

Product Marketing
0%

Program Management
0%

Agile
0%

National Average
$146,000

Business Analysis
up arrow 6%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 280 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
0%
1-4 years
7%
5-9 years
21%
10-19 years
55%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 91%
medical benefits
Vision: 81%
dental benefits
None: 3%
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