Avg. Base Salary (USD)
The average salary for a Senior Product Manager is $121,528 in 2023
What is the Pay by Experience Level for Senior Product Managers?
A mid-career Senior Product Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $130,180 based on 9 salaries. An experienced Senior Product Manager with 10-19 years of experience earns an average total compensation of $137,529 based on 5 salaries.
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 …Read more
- 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.
FAQs About Senior Product Managers
What is the highest pay for Senior Product Managers in New York?
Our data indicates that the highest pay for a Senior Product Manager in New York is $154k / year
What is the lowest pay for Senior Product Managers in New York?
Our data indicates that the lowest pay for a Senior Product Manager in New York is $92k / year
How can Senior Product Managers increase their salary?
Increasing your pay as a Senior Product Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Product Manager that oversees more junior Senior Product Managers, this experience can increase the likelihood to earn more.