Product Management Director Salary

Product Management Directors in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $130K) surpassing six figures annually. Total incomes of Product Management Directors incorporate potential for, in a few cases, more than $29K from bonuses and close to $19K from profit sharing; these performance components cause packages to range between $99K and $177K. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Nearly all report receiving medical coverage from their employers and almost all collect dental insurance. Making up 76 percent of those who took the survey, male Product Management Directors greatly outnumber their female counterparts. Work is enjoyable for Product Management Directors, who typically claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$93,374 - $161,396
(Median)
$93K
$130K
$160K
MEDIAN: $130,300
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
$93,374 - $161,396  
   
Bonus
$4,855 - $29,471  
Profit Sharing
$1,973 - $19,458  
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).
)
$99,291 - $177,166  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,456
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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. Typical career progression for a Product Management Director involves becoming a Senior Product Management Director or a Marketing VP, roles that pay $16K more and $4K more on average.

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Popular Skills for Product Management Director


Survey takers working as Product Management Directors report using a large range of professional skills. 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 seem to negatively impact pay include Project Management. 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.


Annually raking in $115K, the average professional in this position sees a six-figure salary within the first five years. Product Management Directors who work for 10 to 20 years in their occupation tend to earn about $149K. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.

Pay Difference by Location


Product Management Directors in search of above-average pay will head to California: In particular, Product Management Directors in San Jose, Mountain View, and Palo Alto are the best-paid American cities for Product Management Directors, who enjoy higher pay rates than the national average. The lowest-paying market is Atlanta, which sits 10 percent below the national average. Employers pay around 10 percent less in Denver and 5 percent less in New York, below-median salaries for those in this field.

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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%

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
0%

User Interface Design
0%

National Average
$144,000

Agile
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 249 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: 78% employee benefits None: 3%
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