The three highest-paying cities for Senior Product Managers of Software (San Jose, San Francisco, and Palo Alto) are all in California. With some bonuses approaching $26K and certain profit sharing proceeds approaching $24K, overall incomes of Senior Product Managers of Software spread between $96K and $171K depending on individual performance. While the specific employer and years of experience impact pay for this group, location is the most influential factor. 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. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction for Senior Product Managers of Software is high. This snapshot results from replies to PayScale's salary survey.

$92,565 - $153,725
$93K
$120K
$150K
MEDIAN: $123,441
10%
50%
90%

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$26.17 - $99.33
$26
$74
$99
MEDIAN: $73.70
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$60K$120K$180K
Salary
$92,565 - $153,725  
   
Bonus
$4,011 - $25,564  
Profit Sharing
$1,500 - $23,654  
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).
)
$95,828 - $171,398  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 611
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
$4,011 - $25,564  
   
Commission
$10,600  
Profit Sharing
$1,500 - $23,654  
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).
)
$95,828 - $171,398  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 10

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United States (change)

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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.

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Sr. Product Manager, Software Tasks

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

Common Career Paths for Sr. Product Manager, Software


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As Senior Product Managers of Software transition into upper-level roles such as Senior Product Management Director, they may see a strong upturn in salary. Senior Product Management Directors earn $167K on average per year. As Senior Product Managers of Software progress in their field, many go on to become Product Management Directors. In fact, this transition is more common than anything else, and pay for the position is usually $140K per year. Another common career choice for Senior Product Managers of Software is to move into a Marketing Director role. Typically, Marketing Directors get paid $80K.

Sr. Product Manager, Software Job Listings

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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


Senior Product Managers of Software seem to exploit a large range of skills on the job. Most notably, skills in Software as a Service, Cloud Computing, Mobile Computing, and Business Strategy are correlated to pay that is above average, with boosts between 6 percent and 11 percent. Skills that are correlated to lower pay, on the other hand, include Business Analysis. Those familiar with Product Development also tend to know Strategic Planning and Project Management.

Pay by Experience Level for Sr. Product Manager, Software

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


Senior Product Managers of Software with a lot of experience do not necessarily enjoy more money. Annually raking in $122K, the average professional in this position sees a six-figure salary within the first five years. Senior Product Managers of Software claiming one to two decades of experience make an estimated median of $135K. As Senior Product Managers of Software reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $142K.

Pay Difference by Location

National Average: $131,830

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

For Senior Product Managers of Software, above-average compensation can be found in California — San Jose, San Francisco, and Palo Alto are known as the cities with the best salaries for Senior Product Managers of Software. Trailing the national average by 15 percent, Salt Lake City is the market with the smallest paychecks. Employers in Raleigh and Portland also lean toward paying below-median salaries (13 percent lower and 10 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
24 %
Male
76 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 80 votes.
045
1-4 years
11%
5-9 years
31%
10-19 years
46%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Product Manager, Software Salaries



National Average
$132,000



Skills That Affect Sr. Product Manager, Software Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 80 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

1-4 years
11%
5-9 years
31%
10-19 years
46%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 88%
vision benefits
Vision: 78%
dental benefits
None: 4%
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