The average salary for an Associate Product Manager is $68,817.
Associate Product Manager by
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What Do Associate Product Managers Do?
Associate product managers are in charge of managing an organization's product-related processes and materials. They are responsible for developing effective strategies to increase product output and overall company productivity, and so they must have an advanced understanding of production procedures and product allocation. Associate product managers implement data systems, in addition to providing adequate training for product handling. They must have leadership skills and work well with other…Read more
Associate Product Manager Tasks
- Determine the demand for products and services offered by a firm and its competitors.
- Oversee product development and monitor trends that indicate the need for new products and services.
- Develop pricing strategies to maximize the firm's profits and market share.
Job Satisfaction for Associate Product Manager
Popular Employer Salaries for Associate Product Manager
The top respondents for the job title Associate Product Manager are from the companies The Home Depot Inc., Medline Industries, Inc. and Medtronic, Inc.. Reported salaries are highest at Medtronic, Inc. where the average pay is $89,496. Other companies that offer high salaries for this role include International Business Machines (IBM) Corp. and The Home Depot Inc., earning around $83,741 and $83,367, respectively. Relias Learning pays the lowest at around $46,723. Medline Industries, Inc. and Kobie Marketing also pay on the lower end of the scale, paying $57,089 and $57,391, respectively.
Associate Product Manager Job Listings
What Are Popular Skills for Associate Product Managers?
Skills in Product Management and Business Analysis are correlated to pay that is above average. Skills that pay less than market rate include Market Research, Project Management and Product Development.
What is the Pay by Experience Level for Associate Product Managers?
An entry-level Associate Product Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,904 based on 322 salaries. An early career Associate Product Manager with 1-4 years of experience earns an average total compensation of $68,145 based on 1,773 salaries. A mid-career Associate Product Manager with 5-9 years of experience earns an average total compensation of $76,498 based on 363 salaries. An experienced Associate Product Manager with 10-19 years of experience earns an average total compensation of $78,195 based on 87 salaries. In their late career (20 years and higher), employees earn an average total compensation of $67,407.
Pay Difference by Location
Employees with Associate Product Manager in their job title in San Francisco, California earn an average of 28.5% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (10.6% more) and New York, New York (7.8% more). The lowest salaries can be found in Los Angeles, California (5.5% less) and Chicago, Illinois (3.3% less).
Years of Experience
This data is based on 2,557 survey responses.