Product Management Director Salary

Wages for Product Management Directors in the United States are generous, with average pay above six figures ($135K) per year. With bonuses occasionally running north of $30K, profit sharing proceeds sometimes surpassing $24K, and a few commissions as high as $59K, total income for Product Management Directors can range between $99K and $186K according to individual performance. Geography and years of experience each impact pay for this group, with the former having the largest influence. Almost all receive medical and dental insurance and a large number get vision insurance. Job satisfaction is high and work is enjoyable for most Product Management Directors. The majority of Product Management Directors (67 percent) who took the survey are men. The data in this summary comes from the PayScale salary survey.

$94,036 - $171,902
$94K
$130K
$170K
MEDIAN: $134,085
10%
50%
90%

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$10.82 - $73.40
$11
$16
$73
MEDIAN: $15.50
10%
50%
90%

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$0$186K
Salary $94,036 - $171,902
Bonus $4,812 - $30,146
Profit Sharing $979 - $29,187
Commission $1,021 - $58,723
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).
)
$98,957 - $186,549
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 1,160
Hourly Data $0$73
Hourly Rate $10.82 - $73.40
Hourly Tips $2.50
Overtime $27.00
Annual Data $0$186K
Bonus $4,812 - $30,146
Commission $1,021 - $58,723
Profit Sharing $979 - $29,187
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).
)
$98,957 - $186,549
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 12

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Product Management Director

A product management director typically oversees a product's development from concept or the planning phase until completion, focusing on the quality of the finished product and the efficiency of the production process. A product management director may be assigned to oversee existing products in their improvement process or maintenance of their existing standards.

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Product Management Director Tasks

  • Evaluate financial aspects of product development.
  • This includes budgets, expenditures, research and development appropriations, returns-on-investment and profit-loss projections.
  • Oversee the creation of strategic plans to ensure the sale and profitability of new products, lines, and services.

Common Career Paths for Product Management Director


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Product Management Directors often transition into VP of Product Management positions, for which compensation tends to be much higher. On average, VPs of Product Management earn $180K per year. A common career progression for a Product Management Director is to become a Senior Product Management Director or a Marketing VP. Compared to Product Management Directors, the first group earns $20K more on average, and the second group earns $2K more.

Product Management Director Job Listings

Popular Skills for Product Management Director


Product Management Directors report using a large range of skills on the job. Most notably, skills in Team Leadership, Product Management, Strategy, and Business Strategy are correlated to pay that is above average. Skills that seem to negatively impact pay include Project Management, Product Marketing, and Program Management. Those familiar with Business Strategy also tend to know Leadership and Product Marketing.

Pay by Experience Level for Product Management Director

Pay by Experience for a Product Management Director has a positive trend. An entry-level Product Management Director with less than 5 years of experience can expect to earn an average total compensation of $121,000 based on 148 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Management Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $143,000 based on 404 salaries. An experienced Product Management Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $153,000 based on 651 salaries. A Product Management Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $159,000 based on 174 salaries.

Pay Difference by Location

National Average: $146,441

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

For Product Management Directors, San Jose, Mountain View, and San Francisco, three California cities, are home to the highest salaries in the United States, all offering a rate above the national average. Boulder is home to the smallest salaries in the field, lagging the national average by 11 percent. Employers also pay below the national average in Chicago (9 percent lower) and Denver (5 percent lower).

Product Management Director Reviews

Q: What is it like working as a Product Management Director?

Product Management Director in Goshen:
"Project base. Self motivated. Team problem solver."
Pros: Freedom to research new products and product improvement. Working witn Sales, Engineering, Quality, and Purchasing. Knowing the department I am responsible for is an inportant aspect of the company. Being responsible for quantifying all incoming resins and compounded material testing.
Cons: Running into unique problem solving situation when working on research and develop projects and not having the time or resources to correctly address of fully trouble shoot issue. This is a rare occurance but does happen in research and development projects. Also when people are counting on you for the answer and you do not have the answer they are looking for.

Related Job Salaries

Key Stats for Product Management Director

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 178 votes.
Less than 1 year
0%
1-4 years
7%
5-9 years
25%
10-19 years
53%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Management Director Salaries

▲9%

▲5%

National Average
$146,000

▼2%

▼17%

Skills That Affect Product Management Director Salaries



Business Strategy
▲2%

▲2%

Strategic Planning
▲1%

People Management
▲1%

Requirements Analysis
▲1%

▼0%

▼0%

National Average
$146,000







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 178 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
0%
1-4 years
7%
5-9 years
25%
10-19 years
53%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 90%
vision benefits
Vision: 82%
no benefits
None: 3%
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