Sr. Product Manager, Software Salary

For Senior Product Managers of Software, the fattest paychecks can be found in the Golden State; the three highest-paying cities in the field are San Jose, San Francisco, and Los Angeles. With some bonuses approaching $26K and certain profit sharing proceeds approaching $23K, overall incomes of Senior Product Managers of Software spread between $96K and $173K depending on individual performance. The most influential factor affecting pay for this group is location, though the company and experience level have a (lesser) impact as well. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Male Senior Product Managers of Software are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. For the most part, Senior Product Managers of Software enjoy their work and report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$92,923 - $154,116
$93K
$120K
$150K
MEDIAN: $124,132
10%
50%
90%

Add this chart to your site: 640px    300px

$26.17 - $99.33
$26
$74
$99
MEDIAN: $73.70
10%
50%
90%

Add this chart to your site: 640px    300px

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
$92,923 - $154,116  
   
Bonus
$4,106 - $25,696  
Profit Sharing
$1,468 - $23,094  
Commission
$10,600  
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).
)
$96,248 - $173,098  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 594
National Hourly Rate 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$34$68$102
Hourly Rate
$26.17 - $99.33  
   
Overtime
$26.00  
National Annualized 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
Bonus
$4,106 - $25,696  
   
Commission
$10,600  
Profit Sharing
$1,468 - $23,094  
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).
)
$96,248 - $173,098  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 10

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Sr. Product Manager, Software

Senior software product managers are responsible for managing the development cycle and release process for software products in their organization. They generally oversee other software developers to reach all company goals. They define road maps that establish schedules for development, and implement features required by the organization. Senior software product managers must create effective strategies for decreasing the use of company resources and strive to reduce the time they need to revise code and ship a program that is bug-free. Additionally, they often serve as a liaison between the business and technical departments within their organization.

Read More...

Sr. Product Manager, Software Tasks

  • Conduct market research and respond by creating appropriate products, technical specifications, and product descriptions.
  • Schedule and manage release cycles and product launches.
  • Define products internally and for customers by collaborating with development and marketing teams.
  • Track and document progress and goals across all products.

Common Career Paths for Sr. Product Manager, Software


Add this chart to your site:   640px 640px    300px 300px


At the upper end, Senior Product Managers of Software who move into a Senior Product Management Director role can end up with a hefty increase in pay. The average income for Senior Product Management Directors is a much higher $167K per year. Going from Senior Product Manager of Software to Product Management Director is the transition that occurs most often in this field, where the paychecks are $140K. Many others choose to work as Marketing Directors, where pay is typically $80K.

Sr. Product Manager, Software Job Listings

Search for more jobs:

Popular Employer Salaries for Sr. Product Manager, Software


Cisco Systems Inc offers the largest salaries in town — $166K on average.

Popular Skills for Sr. Product Manager, Software


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Software as a Service, Big Data Analytics, Cloud Computing, and Business Strategy are correlated to pay that is above average, with boosts between 6 percent and 9 percent. Skills that are correlated to lower pay, on the other hand, include Business Analysis. Most people skilled in Product Development are similarly competent in Strategic Planning and Project Management.

Pay by Experience Level for Sr. Product Manager, Software

Pay by Experience for a Sr. Product Manager, Software has a positive trend. An entry-level Sr. Product Manager, Software with less than 5 years of experience can expect to earn an average total compensation of $122,000 based on 121 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Product Manager, Software with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $131,000 based on 269 salaries. An experienced Sr. Product Manager, Software which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $136,000 based on 315 salaries. A Sr. Product Manager, Software with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $138,000 based on 76 salaries.

Pay Difference by Location

National Average: $132,263

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

Senior Product Managers of Software in San Jose, San Francisco, and Los Angeles — all located in California — not only make more than the national average for those in this profession but represent the highest-paid cities in the country for Senior Product Managers of Software. The smallest paychecks in the market, 15 percent south of the national average, can be found in Salt Lake City. Employers in Raleigh and Portland also lean toward paying below-median salaries (13 percent lower and 11 percent lower, respectively).

Sr. Product Manager, Software Reviews

Q: What is it like working as a Sr. Product Manager, Software?

Sr. Product Manager, Software in Austin:
"Not For The Faint Of Heart."
Pros: You are at the center of the business. Everything involved with turning product into revenue and profit is in your purview. There is massive amount of experience in all areas of operation of the business.
Cons: Only for those that can operate with extreme interruption. Time management is incredibly important as there will always be more demand on you than you have hours in the day.

Related Job Salaries

Key Stats for Sr. Product Manager, Software

Gender

Female
26 %
Male
74 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.
1-4 years
11%
5-9 years
31%
10-19 years
45%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Product Manager, Software Salaries

▲4%

▲3%

National Average
$132,000

▼1%

▼8%

Skills That Affect Sr. Product Manager, Software Salaries






Strategic Planning
▼0%

User Interface Design
▼0%

National Average
$132,000






▼2%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

1-4 years
11%
5-9 years
31%
10-19 years
45%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 89%
vision benefits
Vision: 78%
no benefits
None: 3%