$121,754
Avg. Salary
$57.25
Avg. Hourly Rate

Average additional compensation:

$12,544

Bonus

$6,823

Profit Sharing

$9,000

Commission

What am I worth?
How should I pay?

The average pay for a Senior Product Manager is $57.25 per hour.

The average pay for a Senior Product Manager is $121,754 per year.

10%
$20.11
10%
$57.25
50%
$82.77
90%
90%
MEDIAN $57.25
10%
$85k
10%
$122k
50%
$155k
90%
90%
MEDIAN $121,754
$85,436 - $154,597
$85K
$120K
$150K
MEDIAN: $121,754
10%
50%
90%

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$20.11 - $82.77
$20
$57
$83
MEDIAN: $57.25
10%
50%
90%

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$0$169K
Salary $85,436 - $154,597
Bonus $4,429 - $25,402
Profit Sharing $1,477 - $20,384
Commission $1,957 - $20,608
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).
)
$90,034 - $169,864
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 5,772
Hourly Data $0$105
Hourly Rate $20.11 - $82.77
Overtime $0.00 - $106
Annual Data $0$169K
Bonus $4,429 - $25,402
Commission $1,957 - $20,608
Profit Sharing $1,477 - $20,384
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).
)
$90,034 - $169,864
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 61

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.

Read More...
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.

Senior Product Manager Pay By Employer

$0$176K

Amazon.com Inc
93 profiles
$129,687

Oracle Corp.
33 profiles
$130,238

$125,478

$137,217

$117,650

Medtronic, Inc.
16 profiles
$121,362

AT&T Inc.
15 profiles
$106,167

$135,329

$164,674

T-Mobile, Inc.
14 profiles
$128,202

Common Career Paths for Senior Product Manager


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Senior Product Managers may progress into high-paying roles like VP of Product Management, where median compensation is $180K annually. More often than not, a Product Management Director role is the next step for Senior Product Managers moving up in the field. Product Management Directors usually make $140K per year. Many other Senior Product Managers choose to take on a Marketing Director role, where salaries are typically $80K.

Senior Product Manager Job Listings

Popular Skills for Senior Product Manager


Survey results imply that Senior Product Managers deploy a deep pool of skills on the job. Most notably, skills in Strategy, Agile Software Development, End User Requirements Research, and Program Management are correlated to pay that is above average. At the other end of the pay range are skills like Microsoft Excel, Project Management, and Marketing Management. For most people, competency in Product Development indicates knowledge of Business Strategy, Product Marketing, and End User Requirements Research.

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 $118,000 based on 606 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 $127,000 based on 1,196 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 $131,000 based on 1,219 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 $131,000 based on 333 salaries.

Pay Difference by Location

National Average: $130,523

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

For Senior Product Managers, California means bigger paychecks — those in Palo Alto, San Jose, and San Francisco earn more than Senior Product Managers in the rest of the country. Atlanta is the lowest-paying area, 11 percent south of the national average. Not at the bottom but still paying below the median are employers in Dallas and Portland (8 percent less).

Senior Product Manager Advice

Q: What is it like working as a Senior Product Manager?

Senior Product Manager in San Francisco:
"What next."
Leverage another offer, move laterally or get an MBA.

Senior Product Manager in Morgan Hill:
"What type of projects to avoid."
Understand what your company culture does when there is a failure, and therefore how much risk to take. Carefully evaluate the skills of the project managers you work with, and avoid projects with incompetent PMs. Evaluate the skills & style of senior managers. Are they worth of your time & effort?

Senior Product Manager in Foster City:
"Senior management resistant to change."
Ensure all decisions are vetted through the U.S. Sales leadership. Do not rely on Field Marketing to do anything.

Senior Product Manager in Atlanta:
"Senior Product Manager - predictive analytics & data science."
Agile Product Management. Predictive Analytics. Data Science. Market Research. Product Launch. Organization Readiness. User Story Elaboration. Roadmap Management.

Senior Product Manager in San Francisco:
"Influencing Non-direct reports."
Plan often, document the details, communicate your goals, and continue to set and reset expectations to achieve the desired product,

Senior Product Manager in Los Angeles:
"Great Career! Equal Parts Exciting And Rewarding."
Try to stay focused on the important projects vs all the little things that come over every day.

Senior Product Manager in San Francisco:
"Samya's salary investigation."
Pros: The challenge.
Cons: Working with mediocre talent, organizational dysfunction.

Related Job Salaries

Key Stats for Senior Product Manager

Gender

Female
33 %
Male
67 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 809 votes.
Less than 1 year
0%
1-4 years
15%
5-9 years
35%
10-19 years
38%
20 years or more
12%

Experience Affects Senior Product Manager Salaries

▲1%

▲1%

National Average
$131,000

▼3%

▼9%

Skills That Affect Senior Product Manager Salaries

▲2%



National Average
$131,000





Product Marketing
▼3%

Business Development
▼3%







Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 809 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
0%
1-4 years
15%
5-9 years
35%
10-19 years
38%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
vision benefits
Vision: 81%
no benefits
None: 5%