Vice President (VP), Product Management Salary

VPs of Product Management in the United States see excellent average salaries — about $160K annually. In the world of VPs of Product Management, overall income ranges from $119K near the bottom to $241K at the top; this can include more than $51K from bonuses and more than $40K from profit sharing in exceptional cases. Geography is the biggest factor affecting pay for this group, followed by tenure. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Making up 78 percent of those who took the survey, male VPs of Product Management greatly outnumber their female counterparts. The majority of VPs of Product Management claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$107,135 - $203,611
MEDIAN: $159,634

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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.
$107,135 - $203,611  
$9,833 - $50,853  
Profit Sharing
$2,483 - $40,268  
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).
$119,277 - $240,744  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 755
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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.

Vice President (VP), Product Management Job Listings

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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, Business Strategy, and Leadership are correlated to pay that is significantly above average, leading to increases of 23 percent, 20 percent, and 10 percent, respectively. Those listing Data Analysis as a skill should be prepared for drastically lower pay. Software Development Management and Project Management also typically command lower compensation. The majority of those who know Product Development also know 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 rich background of experience are typically rewarded with larger paychecks. Although individuals who have less than five years' experience earn $123K on average, people with five to 10 years benefit from a notably larger average of $158K. VPs of Product Management bring in $191K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $194K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $183,032

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

For VPs of Product Management, location is an influential factor in determining pay. Three cities in California — Palo Alto, San Francisco, and San Jose — not only offer salaries upward of the national average, but are the highest-paid American cities for those in the field. Location significantly influences compensation, with Salt Lake City VPs of Product Management earning much less — 22 percent less — than the national average. A couple other locations with smaller-than-average paychecks include Chicago (11 percent lower) and Atlanta (10 percent lower).

Related Job Salaries

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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 23%

Business Strategy
up arrow 20%

Product Management
up arrow 4%

People Management
up arrow 4%

Strategic Marketing
up arrow 4%

Software as a Service (SaaS)
up arrow 4%

Strategic Planning
up arrow 3%

Product Marketing
up arrow 3%

Production Management
up arrow 2%

Product Development
up arrow 1%

National Average

Requirements Analysis
up arrow 1%

Software Development Management
up arrow 17%

Data Analysis
up arrow 30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 108 votes.


22 %
78 %

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: 87%
medical benefits
Vision: 77%
dental benefits
None: 5%