Product Management Director Salary

Product Management Directors in the United States can look forward to a sizeable six-figure salary — around $130K per year on average. In the world of Product Management Directors, overall cash allowance can occasionally include more than $30K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $99K and $177K. Residence is the biggest factor affecting pay for this group, followed by career length. Nearly all enjoy medical while almost all get dental coverage. Vision coverage is also available to a strong majority. Most Product Management Directors survey respondents are men (76 percent). Work is enjoyable for Product Management Directors, who typically claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$93,190 - $161,258
(Median)
$93K
$130K
$160K
MEDIAN: $130,322
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
$93,190 - $161,258  
   
Bonus
$4,862 - $29,505  
Profit Sharing
$1,987 - $19,663  
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).
)
$99,166 - $177,267  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,446
United States (change)

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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 $176K 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 $17K higher and $5K higher, respectively.

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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, Production Management, and Product Management are correlated to pay that is above average, with boosts between 3 percent and 6 percent. At the other end of the pay range are skills like Project Management and Agile. Most people experienced in Business Strategy also know Leadership and Product Marketing. The majority of those who know Product Development also know 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.


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. New workers enjoy hefty six-figure paychecks when they take on this position — $115K per year is the median for people who claim less than five years' experience. For Product Management Directors, 10 to 20 years of experience on the job amounts to an average salary of $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


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. Atlanta is the lowest-paying area, 11 percent south of the national average. Employers pay around 9 percent less in Denver and 5 percent less in New York, below-median salaries for those in this field.

Related Job Salaries

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Experience Affects Product Management Director Salaries



National Average
$143,000



Skills That Affect Product Management Director Salaries

People Management
up arrow 6%


Business Strategy
up arrow 3%

Product Management
up arrow 3%

Leadership
up arrow 3%

Strategic Planning
up arrow 3%

Production Management
up arrow 3%

Strategic Marketing
up arrow 2%

Program Management
up arrow 2%

Product Development
up arrow 1%

Product Marketing
up arrow 1%

Requirements Analysis
up arrow 1%

National Average
$143,000

User Interface Design
up arrow 1%

Agile
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 250 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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