What does PM compensation look like ?
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While the average salary for a product manager in tech is $116,000, salaries can get much higher within leading technology companies. Yes, product management is currently one of the best-paying jobs in technology companies.
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In the U.S., the median salary for product managers is $113,000. However, salaries are highest in major metros on the East and West Coasts.
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According to Indian PayScale, the average salary of product managers in India is ₹1,669,290 per annum. Although the average product manager salary in India is around 16 lakhs, it can go up to 30 lakhs per year with experience and added skills. Even the starting pay is quite high for this role.
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The average product manager’s salary in the US is $111,755 a year, while a project manager in the US makes an average salary of $87,637, according to August 2021 data from Glassdoor.
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Salary estimates are based on 3,673 salaries submitted anonymously to Indeed by product manager employees, users, and collected from past and present job posts on Indeed in the past 36 months. The typical tenure for a Product Manager is 1-3 years. The average salary for a product manager is $96,188 per year in the United States and $8,000 cash bonus per year.