Vice President (VP), Product Management Salary

The average VP of Product Management in the United States earns approximately $157K annually. Overall cash earnings of VPs of Product Management stretch from $117K near the bottom to $238K at the top, and the heftiest packages can encompass around $51K each from bonuses and profit sharing. Residence is the biggest factor affecting pay for this group, followed by years of experience. The majority of VPs of Product Management claim high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. Most VPs of Product Management survey respondents are men (77 percent). The information for this snapshot was generated by responses to the PayScale salary survey.

$105,659 - $202,422

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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.
$105,659 - $202,422  
$9,705 - $51,230  
Profit Sharing
$1,226 - $48,936  
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).
$117,007 - $238,316  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 668
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Job Description for Vice President (VP), Product Management

The vice president of product management is typically a member of the organization's management team who manages the product development team. Their main objective is to work with project and product managers to ensure products meet the need of the organization's customers. The vice president of product management is responsible for developing project plans, creating master project schedules, scheduling the product delivery process and milestones, assisting the product development team with any development issues, and ensuring release schedules are met. Additionally the vice president of product management is responsible for creating quality control plans.


Vice President (VP), Product Management Tasks

  • Track and report on risks, product evaluations and strategy decisions.
  • Lead design and testing of new products, determining which projects should continue.
  • Train and support new products and their sales and manufacturing teams.
  • Manage product lifecycle for a portfolio of projects.
  • Research and respond to market trends.

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Popular Skills for Vice President (VP), Product Management

Survey takers working as VPs of Product Management report using a large range of professional skills. Most notably, facility with Strategy, Leadership, and Software as a Service (SaaS) are correlated to pay that is significantly above average, leading to increases of 35 percent, 12 percent, and 5 percent, respectively. Those listing Data Analysis as a skill should be prepared for drastically lower pay. Software Development Management and Business Strategy also typically command lower compensation. Most people skilled in Product Development are similarly competent in Product Marketing and Project Management.

Pay by Experience Level for Vice President (VP), Product Management

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

VPs of Product Management with a lot of experience tend to enjoy higher earnings. Even the relatively untested can earn a lot; individuals who have been working for fewer than five years report a median six-figure salary of $127K per year. On average, VPs of Product Management make $188K following one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $190K, but it's not much more than what less experienced people make.

Pay Difference by Location

For those looking to make money, VPs of Product Management in Palo Alto enjoy an exceptional pay rate, 25 percent above the national average. VPs of Product Management can also look forward to large paychecks in cities like Dallas (+12 percent), San Jose (+12 percent), San Francisco (+12 percent), and Seattle (+10 percent). Place of residence plays a huge part in a VP of Product Management's salary, with Salt Lake City VPs of Product Management earning salaries that are 22 percent less than the national average. Not at the bottom but still paying below the median are employers in Chicago and Atlanta (15 percent lower and 13 percent lower, respectively).

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Experience Affects Vice President (VP), Product Management Salaries

National Average

Skills That Affect Vice President (VP), Product Management Salaries

up arrow 35%

Strategic Marketing
up arrow 5%

Software as a Service (SaaS)
up arrow 5%

People Management
up arrow 4%

Product Development
up arrow 3%

Strategic Planning
up arrow 2%

Product Management
up arrow 2%

Product Marketing
up arrow 2%

Production Management
up arrow 1%

Requirements Analysis

National Average

Business Strategy
up arrow 10%

Software Development Management
up arrow 16%

Data Analysis
up arrow 29%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 95 votes.


23 %
77 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 4%