The average salary for a Senior Product Manager is £56,614 per year. Skills that are associated with high pay for this job are Business Analysis and Business Strategy. People in this job generally don't have more than 20 years' experience. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

£40,352 - £80,519
£40K
£59K
£81K
MEDIAN: £59,160
10%
50%
90%
£30.00 - £59.25
£36
MEDIAN: £35.61
50%
£0£90K
Salary £40,352 - £80,519
Bonus £1,952 - £15,329
Profit Sharing £0.00 - £21,250
Commission £13,100
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).
)
£41,500 - £90,364
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 474
Hourly Data £0£59
Hourly Rate £35.61
Annual Data £0£90K
Bonus £1,952 - £15,329
Commission £13,100
Profit Sharing £0.00 - £21,250
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).
)
£41,500 - £90,364
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 5

Job Description for Senior Product Manager

A senior product manager handles many of the oversight duties involved in getting a product from the concept stage to the production stage; they also work to maximize product by foreseeing customer and market demands. Depending on their business' needs, this can include a number of different tasks. Typically, a senior product manager is in charge of ensuring that best practices are followed, goals are met, and projects and related operations are conducted effectively. Senior product managers are often in charge of coordinating marketing, sales, and other product-implementation strategies to ensure that operations are properly conducted. When it comes to product development, there are usually numerous stakeholders in the success of a product who may have differing visions for the product. A senior product manager serves as a liaison between stakeholders and the development/implementation teams. A senior project manager also must evaluate the market to find ways to better serve the customers and increase profitability.

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Senior Product Manager Tasks

  • Transform business and market strategies into do-able, defined product plans.
  • Lead market research and position conversations to ensure viable products and balanced growth.
  • Define and document product requirements and roadmaps for execution and sales.
  • Collaborate with cross-functional teams for every stage of product development.

Popular Employer Salaries for Senior Product Manager

Senior Product Manager Job Listings

Popular Skills for Senior Product Manager

Pay by Experience Level for Senior Product Manager

Pay by Experience for a Senior Product Manager has a positive trend. An entry-level Senior Product Manager with less than 5 years of experience can expect to earn an average total compensation of ₤55,000 based on 71 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Product Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤60,000 based on 98 salaries. An experienced Senior Product Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤64,000 based on 83 salaries. A Senior Product Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤66,000 based on 26 salaries.

Pay Difference by Location

National Average: £62,288

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

Related Job Salaries

Key Stats for Senior Product Manager

Gender

Female
26 %
Male
74 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.
Less than 1 year
1%
1-4 years
16%
5-9 years
38%
10-19 years
34%
20 years or more
11%

Experience Affects Senior Product Manager Salaries

▲7%

▲2%

National Average
₤62,000

▼4%

▼12%

Skills That Affect Senior Product Manager Salaries

Business Analysis
▲13%

Business Strategy
▲8%

National Average
₤62,000


Product Development
▼4%




Agile
▼8%

Strategic Planning
▼10%

People Management
▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
38%
10-19 years
34%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 23%
vision benefits
Vision: 20%
no benefits
None: 27%