Technical Product & Program Manager Salary
Six-figure salaries are the norm for Technical Product & Program Managers in the United States, with median pay hovering around $103K per year. Overall incomes of Technical Product & Program Managers generally bottom out at around $69K and peak near $152K; the final number can, in exceptional cases, include upwards of $20K each for bonuses and profit sharing proceeds. The most important factor affecting compensation for this group is the specific employer, followed by the particular city and experience level. Medical benefits are awarded to a large number, and most earn dental coverage. The majority of workers are highly satisfied with their job. Generally, women make up less than a third of all Technical Product & Program Managers who answered the questionnnaire. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Job Description for Technical Product & Program Manager
A technical product and program manager must consistently monitor the planning and progress of a multitude of programs. They can work in many fields and may expect to focus on productivity, as well as directly monitoring quality. A technical product and program manager works from the beginning of a project or program and see that project through monitoring and completion. They are responsible for ensuring the entirety of the project goes smoothly and as planned. Strong interpersonal skills and communication skills are essential for this position; a technical product and program manager is also a leader and must be comfortable in a leadership role.Read More...
Typically, this role requires a bachelor's degree in a relevant field of study and relevant experience in the field; on average, the required experience for technical product and program manager is five to seven years. Additionally, the role may require experience in the particular field in which the manager is to work. For example a cruise line company might prefer a candidate to have experience on a cruise ship; a cellular phone company might prefer a candidate that is familiar with their product and has experience in their industry or a closely related one.
Technical Product & Program Manager Tasks
- Define resources and schedule for project/program implementation.
- Define requirements and plan project lifecycle deployment.
- Create strategies for risk mitigation and contingency planning.
- Run complex projects/programs from design and development to production.
- Plans and schedule project deliverables, goals and milestones.
Common Career Paths for Technical Product & Program Manager
Technical Product & Program Managers who transition into new roles such as Senior Program Manager of Software Applications may see a slight upturn in salary. The average Senior Program Manager of Software Applications earns $128K per year. An Aviation Program Manager role is the most common promotion for Technical Product & Program Managers moving up the ladder. Pay for this role tends to be $102K per year. Another typical, albeit less common, transition for Technical Product & Program Managers is a Technical Program Manager position, where earnings are usually $119K.
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Popular Employer Salaries for Technical Product & Program Manager
Technical Product & Program Managers fill the offices of leading firms Microsoft Corp, Oracle Corp., Amazon.com Inc, General Electric Co (GE), and Expedia, Inc. Technical Product & Program Managers flock to General Electric Co (GE) for generous paychecks, where average earnings of $167K lead the pack in compensation.
Popular Skills for Technical Product & Program Manager
Technical Product & Program Managers seem to exploit a large range of skills on the job. Most notably, skills in Strategic Planning, Software Development Management, Business Analysis, and Product Management are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Skills that pay less than market rate include Product Marketing, Microsoft Office, and Data Analysis. It is often found that people who know Program Management are also skilled in Product Development.
Pay by Experience Level for Technical Product & Program Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Technical Product & Program Managers, more experience in the field does not usually mean bigger paychecks. Although employees with less than five years' experience earn around $92K on average, the five-to-10 year group has a much higher, six-figure median of $104K. On average, Technical Product & Program Managers make $120K following one to two decades on the job. Technical Product & Program Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $125K on average.
Pay Difference by Location
For Technical Product & Program Managers, busy San Jose offers a higher-than-average pay rate, 34 percent above the national average. Technical Product & Program Managers will also find cushy salaries in San Diego (+22 percent), Boston (+21 percent), Seattle (+16 percent), and Washington (+9 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in New York. A couple other locations with smaller-than-average paychecks include Atlanta (7 percent lower) and Chicago (5 percent lower).