The average salary for a Senior Product Manager is $124,583.
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What Do Senior Product Managers Do?
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…Read more
Senior Product Manager Tasks
- Define and document product requirements and roadmaps for execution and sales.
- Collaborate with cross-functional teams for every stage of product development.
- Transform business and market strategies into do-able, defined product plans.
- Lead market research and position conversations to ensure viable products and balanced growth.
Job Satisfaction for Senior Product Manager
Popular Employer Salaries for Senior Product Manager
The top respondents for the job title Senior Product Manager are from the companies Amazon.com Inc, Oracle Corp. and Thermo Fisher Scientific, Inc.. Reported salaries are highest at Amazon.com Inc where the average pay is $135,245. Other companies that offer high salaries for this role include Thermo Fisher Scientific, Inc. and Oracle Corp., earning around $133,468 and $131,738, respectively. AT&T Inc. pays the lowest at around $107,931. Charles Schwab & Co., Inc. and General Electric Co (GE) also pay on the lower end of the scale, paying $116,254 and $121,329, respectively.
Senior Product Manager Job Listings
What Are Popular Skills for Senior Product Managers?
Skills in Product Management and Agile Software Development are correlated to pay that is above average. Skills that pay less than market rate include Project Management, Product Development and Business Strategy.
What is the Pay by Experience Level for Senior Product Managers?
An entry-level Senior Product Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $105,376 based on 20 salaries. An early career Senior Product Manager with 1-4 years of experience earns an average total compensation of $116,532 based on 927 salaries. A mid-career Senior Product Manager with 5-9 years of experience earns an average total compensation of $124,103 based on 2,294 salaries. An experienced Senior Product Manager with 10-19 years of experience earns an average total compensation of $129,429 based on 2,178 salaries. In their late career (20 years and higher), employees earn an average total compensation of $128,208.
Pay Difference by Location
Employees with Senior Product Manager in their job title in San Francisco, California earn an average of 19.1% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (8.1% more). The lowest salaries can be found in Chicago, Illinois (7.7% less), Austin, Texas (1.4% less) and Los Angeles, California (0.4% less).
Years of Experience
This data is based on 6,124 survey responses.