The average salary for a Pricing Manager is $84,597.
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What Do Pricing Managers Do?
Pricing managers assist with the accounting and pricing aspects of their organization. They work with the accounting staff, vendors, and employees to manage department workflow. This includes monitoring price and market movements, compliance with regulations and policies, and the control of associated risks. It also includes formulating and executing pricing policy changes in compliance with industry standards, analyzing price changes, troubleshooting processes, supporting audits, and conducting…Read more
Pricing Manager Tasks
- Conduct financial modeling and analysis to determine prices for products.
- Train and supervise pricing analysts.
- Work with product developers to make sure products are competitive.
- Identify and monitor competitors and adapt pricing strategies to reflect changes in the market.
Job Satisfaction for Pricing Manager
Popular Employer Salaries for Pricing Manager
The top respondents for the job title Pricing Manager are from the companies Littelfuse Incorporated, Parker Hannifin Corp and ArjoHuntleigh. Reported salaries are highest at Cardinal Health, Inc. where the average pay is $93,957. Other companies that offer high salaries for this role include W.W. Grainger, Inc. and Parker Hannifin Corp, earning around $93,000 and $91,200, respectively. Macy's, Inc. pays the lowest at around $63,984. Littelfuse Incorporated and ArjoHuntleigh also pay on the lower end of the scale, paying $70,000 and $83,699, respectively.
Pricing Manager Job Listings
What Are Popular Skills for Pricing Managers?
Skills in Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Set Pricing Levels, Microsoft Excel, Data Analysis and Pricing.
What is the Pay by Experience Level for Pricing Managers?
An entry-level Pricing Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $68,484 based on 13 salaries. An early career Pricing Manager with 1-4 years of experience earns an average total compensation of $75,800 based on 190 salaries. A mid-career Pricing Manager with 5-9 years of experience earns an average total compensation of $85,490 based on 245 salaries. An experienced Pricing Manager with 10-19 years of experience earns an average total compensation of $94,109 based on 264 salaries. In their late career (20 years and higher), employees earn an average total compensation of $91,124.
Pay Difference by Location
Employees with Pricing Manager in their job title in Atlanta, Georgia earn an average of 6.7% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (5.4% more) and Dallas, Texas (2.8% more). The lowest salaries can be found in Miami, Florida (15.8% less), Los Angeles, California (14.2% less) and Houston, Texas (12.1% less).
Years of Experience
This data is based on 809 survey responses.