Sr. Product Manager, Software Salary

Generous salaries abound for Senior Product Managers of Software in the United States, with average pay above six figures ($121K) per year. Total cash compensation to Senior Product Managers of Software ranges from $96K on the lower end to $165K on the higher end; the final number includes potential for approximately $25K each from bonuses and profit sharing in exceptional cases. The most influential factor affecting pay for this group is location, though the company and years of experience have a (lesser) impact as well. The majority of workers are highly satisfied with their job. Almost all claim medical and dental insurance and a large number get vision coverage. Among survey respondents, men are more common than women; 81 percent of Senior Product Managers of Software are male. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$91,051 - $150,022
MEDIAN: $120,694

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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.
$91,051 - $150,022  
$2,578 - $25,066  
Profit Sharing
$996 - $25,532  
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).
$96,097 - $164,985  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 940
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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.


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

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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 $165K on average per year. Becoming a Product Management Director is, more often than not, the most common role that Senior Product Managers of Software move into when they're ready for the next step in their career. The average salary for the position is $139K. Another frequent advance is for Senior Product Managers of Software to assume a Marketing Director role; in this role, workers often earn $80K.

Sr. Product Manager, Software Job Listings

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Popular Employer Salaries for Sr. Product Manager, Software

The lowest salaries can be found at Inc — median pay is $138K — and there is little variation in compensation, with paychecks starting at $116K and only reaching $177K.

Popular Skills for Sr. Product Manager, Software

Senior Product Managers of Software seem to wield many skills on the job. Most notably, skills in Cloud Computing, Mobile Computing, Product Management, and Business Strategy are correlated to pay that is above average. Skills that seem to negatively impact pay include Big Data Analytics and Microsoft Office. For most people, competency in Product Development indicates knowledge of 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. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $118K. On average, Senior Product Managers of Software make $136K following one to two decades on the job. Senior Product Managers of Software who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $142K.

Pay Difference by Location

National Average: $130,308

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

With a pay rate for Senior Product Managers of Software that is 24 percent greater than the national average, San Jose offers a comfortable salary for those in this profession. Senior Product Managers of Software will also find cushy salaries in Sunnyvale (+15 percent), Santa Clara (+11 percent), Palo Alto (+9 percent), and San Francisco (+7 percent). Trailing the national average by 11 percent, Chicago is the market with the smallest paychecks. San Diego and Dallas are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 6 percent lower, respectively.

Sr. Product Manager, Software Reviews

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.

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Experience Affects Sr. Product Manager, Software Salaries

National Average

Skills That Affect Sr. Product Manager, Software Salaries

Mobile Computing
up arrow 9%

Business Strategy
up arrow 3%

Product Management
up arrow 3%

Product Marketing
up arrow 2%

User Interface Design
up arrow 1%

Product Development


Strategic Planning

Software as a Service (SaaS)

National Average

Requirements Analysis
up arrow 1%

Business Analysis
up arrow 1%

Project Management
up arrow 3%

Big Data Analytics
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 144 votes.


19 %
81 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
medical benefits
Vision: 80%
dental benefits
None: 4%