Product managers salary: Product Manager I Salary | Salary.com

2022 Product Manager Salary in Denver (Updated Daily)

Product Manager jobs in Denver

Group Product Manager

DAT

Greater Denver Area

2 weeks ago

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Product Manager

Spectrum

Greater Denver Area

6 days ago

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Product Manager

Spectrum

Greater Denver Area

4 months ago

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Product Manager/Sr. Product Manager

VIZIO

Greater Denver Area

2 weeks ago

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Senior Technical Product Manager

DISH

Greater Denver Area

14 hours ago

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Sr. Product Manager

DISH

Greater Denver Area

14 hours ago

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Senior Product Manager

VIZIO

Greater Denver Area

3 days ago

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Senior Product Manager, Feed

Handshake

Greater Denver Area

3 days ago

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Lead Product Manager

Handshake

Greater Denver Area

3 days ago

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Community Networks – Product Manager

DISH

Greater Denver Area

5 days ago

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Technical Product Manager – eCommerce

DISH

Greater Denver Area

5 days ago

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Sr Mgr, Product Management

Spectrum

Greater Denver Area

1 week ago

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Product Manager Salary ranges

The most common Product Manager salary in Denver is between $110k – $120k.

Average Product Manager Salary by Company Size

People with the job title Product Manager make the most at companies with 201-500 employees, earning $115,393 on average.

Product Manager Salary by gender

The average Product Manager salary for women is $105,397 and the average Product Manager salary for men is $107,567.

Product Manager Salary by Years of Experience

The average salary for a Product Manager with 7+ years of experience is $122,712. The average salary for <1 year of experience is $96,500.

Average Product salaries in Denver

Skills that affect Product Manager salaries in Denver

1

Agile Product Development

8% have this skill

2

Roadmap Development

7% have this skill

3

Product Strategy

6% have this skill

4

Product Lifecycle Management

6% have this skill

5

Product Rollout & Launch Strategy

6% have this skill

6

Product Discovery and Definition

6% have this skill

Recent Product Manager salaries in Denver

$80,000

Yearly Salary

A Director of Product Management reported a yearly salary of $80,000

3-5 Years of Experience

Female

1-10 Employees

Denver

5-10 Reports

$100,000

Yearly Salary

A Product Manager reported a yearly salary of $100,000

3-5 Years of Experience

Other

201-500 Employees

Denver

$85,000

Yearly Salary

A Product Manager reported a yearly salary of $85,000 with +$1,000 in additional cash compensation

1-3 Years of Experience

Male

11-50 Employees

Denver

$106,000

Yearly Salary

A Senior Consultant reported a yearly salary of $106,000 with +$10,000 in additional cash compensation

3-5 Years of Experience

Male

1,000+ Employees

Denver

$100,000

Yearly Salary

A Product Manager reported a yearly salary of $100,000 with +$15,000 in additional cash compensation

3-5 Years of Experience

Female

1,000+ Employees

Denver

$90,000

Yearly Salary

A Product Manager reported a yearly salary of $90,000

5-7 Years of Experience

Female

1,000+ Employees

Denver

$85,000

Yearly Salary

A Product Manager reported a yearly salary of $85,000

3-5 Years of Experience

Female

51-200 Employees

Denver

$150,000

Yearly Salary

A Product Manager reported a yearly salary of $150,000

5-7 Years of Experience

Prefer not to say

11-50 Employees

Denver

$130,000

Yearly Salary

A Product Manager reported a yearly salary of $130,000

7+ Years of Experience

Prefer not to say

51-200 Employees

Denver

$115,000

Yearly Salary

A Product Manager reported a yearly salary of $115,000 with +$11,500 in additional cash compensation

1-3 Years of Experience

Female

11-50 Employees

Denver

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Salaries//Product//Product Manager

Product manager salary: Pay range factors, tips for making more

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Feature

While salaries vary across companies and industries, certain factors universally impact product manager pay, and there are tips that can help you boost your compensation.

By Josh Fruhlinger

Contributing writer, CIO Oct 31, 2022 3:00 am PDT

ForYou13 / Margarita Lyr / Getty Images

As project-based business practices give way to product-focused cross-functional teams, the product manager role is taking on prominence, increasingly attracting interest from job candidates who might otherwise go into IT. A product manager coordinates technical, marketing, and business functions, taking ownership over a specific product or service over the course of its lifecycle.

It’s an important and challenging career, but for most job seekers, compensation is a key factor when making choices of what to pursue — especially for those whose technical skills open up other lucrative career paths to take. We dove into publicly available information and talked to a number of product managers and those who hire, supervise, and mentor them in order to get a sense of what you can expect in this job market — and how you can improve your prospects and your compensation if you’re working in this field.

Do product managers make good money?

Glassdoor is a great starting point for researching salaries; while the data is mostly self-reported, it does provide an good first approximation of what you can expect. As of this writing, Glassdoor’s estimate of the average salary for a product manager is $127,496 per year, with a reported salary range of $76,000 to $216,000, depending on location, seniority, and experience. As you grow in your career, so will your salary. Senior product managers earn an average salary of $188,001 per year, while principal product managers earn an average salary of $223,534 per year.

When it comes to top tech companies, Glassdoor reports a similar range, as you can see in the table below.

Factors that affect product manager salaries

The experts we talked to in the field came in with figures that weren’t too dissimilar from these, with nuances. Stephanie White, director and head of product, technology, and professional at fintech recruiting company EC1, says that salaries for high-level product management professionals roughly match their tech peers. “Chief product officers are now rewarded on par with CTOs, and likewise, a lead product manager should earn similar to a lead engineer,” she says.

Trisha Price, CPO at software development company Pendo, had a similar take. “Base salary ranges for product managers are typically on par with other technology roles like engineering, security, and design,” she says. “Here at Pendo, the ranges are competitive for our size and industry, and are one part of a compensation package that includes benefits, equity (RSUs), and other rewards.”

Cait Porte, who is chief marketing officer at software development company Digibee and has a background in product management, says that “you’re definitely looking at a six-figures starting salary as a product manager,” but emphasizes that “there are different levels: junior or associate, product manager, senior product manager, director of product management. If you look at the growth in all of those roles, typically the thing that is changing is the scope that they manage.” That can make a big difference in your paycheck.

Holly Hester-Reilly, founder and CEO of h3R Product Science, a product management coaching and consulting firm, is seeing similar numbers in her practice. “I’ve seen product manager salaries range from $100,000 to $250,000, so there’s a wide range depending on skill level, company size and stage, and location. Product leader salaries at top companies can go even higher,” she says.

Shane Quinlan, director of product management at software development firm Kion, says, “Product manager salaries are all over the place. You can look at accounts like Socially Inept Tech Roast for a sampling of memes about $450,000 total comp for Meta PMs who do nothing. In my experience, product managers aren’t making that outside the huge tech companies, and even then we’re talking about more senior folks.”

He too emphasizes that there’s no one-size-fits-all number to expect. “I’ve seen product manager, senior product manager, and/or director of product positions between $80,000 and $220,000. That’s a huge range. Depending on the stage and size of the company you join, you’ll see differences in the admixture between salary, bonuses, equity, and other benefits.”

Overall, Quinlan warns against treating job titles as apples-to-apples comparisons across companies. “There is no universal standard for the responsibilities or compensation for a PM vs. director vs. VP vs. head of product vs. CPO,” he says. “Some companies may only have one PM who acts as the CPO and is well compensated. Some companies have an army of directors of product who perform the role of a PM and get the comp of an associate product manager. PMs (or wannabe PMs) should also be looking at technical program manager and chief of staff roles.”

Mona Ghadiri, director of product management at cybersecurity firm BlueVoyant, says that some of the range of pay simply comes down to what individual companies value. “The company culture plays a role: Some companies prioritize being a product-led organization, while other enterprises see the role of product as more like taking orders from the front of house back to the kitchen,” she says.

How product managers can increase their salaries

Let’s say you’re interested in moving into the field as a product manager. What are the best ways to end up at the top end of the salary ranges we’ve been discussing? Tal Laufer, VP of products at cybersecurity firm Perimeter 81, says that “technical background is highly awarded — the closer you are to the technology, your salary is going to rise.”

EC1 Partners’ White goes further, saying that any domain-specific knowledge is a plus if it applies to the field in which you’re looking to be hired. “The more expert they are in the product domain commercially (e.g., with fixed income trading software, coming either from a competitor, or having worked as a fixed income trader themselves), as well as technologically (e. g., awareness of coding), the higher compensation package they can command,” she says.

That said, product management is itself a skill, and one that also has value in the market, says Seth Dobbs, CTO at IT services and consulting firm Bounteous. “Someone who can truly fulfill the multiskill requirements and navigate the complex scope discussion successfully is very valuable,” he says.

Digibee’s Porte agrees. “If you hire someone who has repeatedly created good product management processes across industries, you may pay a higher price for that person versus someone who knows healthcare billing or IT apps really well,” she says. “The most difficult part is determining what specifically am I hiring you for. If it’s an industry expert, I expect that you will know the space, or the role of product management, and those skills are transferable to another industry. The slam dunk is someone who has both.”

If you’re already a product manager, how do you bag yourself a raise? If you’re going to your boss looking for a salary bump, you need to learn to toot your own horn — strategically and accurately, of course, says EC1 Partners’ White.

“The main thing is to demonstrate why you feel you deserve it,” she says. “Use examples of products which you have rolled out, projects you have completed, where you have saved costs or time and made processes more efficient, where you have gotten client buy-in to a product offering, where you have worked collaboratively in a team, etc. If you give firm (positive) examples of how you are adding value, it gives a company more reason to give this to you.”

BlueVoyant’s Ghadiri agrees. “My best advice for negotiating a salary raise as a PM is to take stock and keep receipts for your accomplishments,” she says. “Big wins like a brand-new product can go far. In addition, being willing to go to bat for an idea you believe in shows commitment.”

Kion’s Quinlan adds that training and certification can help as well, although he doesn’t advocate sinking too many resources into it. “Get (cheap) PM certs, and get your current employer to pay for the expensive ones,” he says. “Doing one-day certs as part of conferences is a good way to build your repertoire and network. Otherwise, LinkedIn Learning is pretty great.”

But several experts we talked to noted that product management is no different from most career tracks in that the easiest way to get a big salary boost may be to look for a job with someone other than your current employer. “In my experience, the easiest time to negotiate a salary is on the way into a new job,” says Dan Ciruli, VP of product management at software services provider D2iQ. “Getting a good salary to start with sets you off on the right foot and has positive effects on the rest of your time employed with the company. My advice is to always negotiate when starting a new job.”

Kion’s Quinlan agrees. “Unfortunately, job-hopping is often the key to moving up in salary and titles. It doesn’t have to be that way, but in many cases it is.” As a result, he advises that you should always be making yourself attractive to the whatever higher paying opportunity that may come along: “Update your LinkedIn. Build a website. Start on Squarespace. Don’t use your college email address or something unprofessional; have a grown-up email. Have a two-page resume that doesn’t get too wacky. Look at examples. Don’t have typos.”

That’s great advice for anyone in any line of work, it turns out, but we hope it helps you in your product management journey.  

Next read this

Author: Josh Fruhlinger, Contributing writer

Josh Fruhlinger is a writer and editor who lives in Los Angeles.

experts named the top most paid jobs in the US

Salaries reach more than 100 thousand US dollars

Anastasia Zharikova

Economics editor

Job review service Glassdoor shared a list of the top 50 jobs in the US. From

This is stated in the CNBC material.

See also:

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Are programmers running out in Ukraine? What is happening in the IT market and how employers lure staff

Top best vacancies

The top ten vacancies included:

• Solution Architect. He is responsible for the entire IT infrastructure of the company. The primary responsibilities of an enterprise architect are designing processes, documenting core IT procedures, tracking project progress, and security.

Average salary: $144,997.

• Full stack engineer. Such specialists perform several functions: they are responsible for UX design, create servers and databases for sites, and write code for mobile platforms. Full-stack engineers also work alongside graphic and web designers to oversee projects from concept to completion.

Average salary: $101,794.

• Data scientist — such specialists look for patterns in large data sets, analyze and store them. This information is then used to develop business decisions.

Average salary: $120,000.

• DevOPS engineer — synchronizes the stages of software product development, knows what developers’ work is and automates their tasks. The main task of a DevOps engineer is to increase the productivity of the team.

Average salary: $120,095.

• Strategic manager – develops a strategic plan for the development of the company, analyzes the market situation, demand, competition, potential, trends. The task of a strategic manager is to look for opportunities to improve the company and initiatives that minimize risks.

Median salary: $140,000.

• Machine learning engineer is an AI expert who develops the algorithms that computers learn from, works closely with data scientists, and gets insights from them.

Average salary: $120,000.

• Data engineer – converts large amounts of information into a format that can be easily analyzed, collects, processes, stores and issues data.

Median salary: $113,960.

• Software engineer – develops, maintains, and tests software.

Average salary: $116,638.

• Java Developer – Works at startups and builds custom applications, is part of the development team and is responsible for designing and maintaining Java applications.

Average salary: $107,099.

• Product manager – responsible for the strategy and plan for a product or product line, managing the product team and all aspects from concept to launch.

Average salary: $125,317.

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Managers 3.0: who are product managers and why do they earn a lot?

Professions of a product manager are not yet taught at Kazakh universities, and the salaries of top specialists can reach two million tenge.

The demand for new managers appeared due to the digitalization of the economy. When you order sushi, pay your utility bill online, or scroll through your social media feed, you are using digital products created by product managers.

Kolesa Zertteý’s latest research focuses on this new profession and its development in Kazakhstan. We share the most interesting insights.

Who are product managers?

Product management is a young direction. In our country, it appeared about 5 years ago, so a similar set of responsibilities can be called differently depending on the company and management approach.

There are at least five names for manager entities that overlap in their responsibilities:

some part of it, for example, monetization.

The composition of the product team, which is led by a standard product manager, ranges from 8-12 people, and includes developers, analysts, designers, marketers, and even lawyers.

Managing such a team means:

“In my experience, if a company is small, then the product manager has duties from hiring people to conducting retrospectives. When a company grows, responsibilities begin to be distributed to several dedicated positions (product, project, scrum master),” says Madina Mazina, Managing Director of Arbuz.kz.

Where do Kazakhstani product managers work?

According to research by Kolesa Zertteý, the majority of local managers work in IT product companies – 38%. In second place are banks and telecoms (12%), followed by startups, web studios and retail.

Almost all products are located in Almaty, Nur-Sultan and Karaganda.

How much do products earn?

The highest paid product managers are educated managers with seven years of work experience, who by the age of 34 can earn from one to two million tenge per month.

The median salary for men is 500,000 per month, which is 100,000 more than for women. At the same time, the graph shows that, depending on work experience, the difference in salaries is not so clear.

In companies where there is a grading system, the median salaries for intern and junior specialists — interns and newcomers — start at 200 and 350 thousand tenge per month. In order for the remuneration to grow to 600 thousand, like a senior specialist, you need to work from four to seven years.

Specialist salaries are affected by work experience, industry, and company size. And the level of education and the place of its receipt – in Kazakhstan or abroad – do not affect income, according to the results of the study.

The scope and size of the company will also affect the salary. The highest salaries in banks are 700,000 tenge, and large companies with more than 500 employees are willing to pay the same amount.

“Big business is ready to pay for competencies. The cost of a mistake is much higher when dealing with a large customer base or in critical areas. At the same time, the profitability per employee will still be higher than in small companies,” says Alexander Bondarenko, CEO of Wooppay.

How to become a product manager?

According to Kolesa Zertteý, former project managers, analysts and developers most often come to product management.

At the same time, only 39% of respondents studied for IT-specialists, a third received education in the field of management, economics or finance, the rest studied for non-core specialties.

“The way to product management is through project management. Until you can properly manage resources, do not understand how to make a product clearly and on time, you will not be able to come up with the simplest and most working solution to user problems. And where you come from in project management is not important at all, ”says Alexander Nagorny, Product Director at Kolesa Group.

Most often, products pump such hard skills – professional skills – as analytics and team management, and such soft skills – universal competencies – as entrepreneurial thinking and communication skills.

The profession involves continuous development and improvement of competencies. Most of the interviewed professionals take courses within Kolesa Zertteý from time to time. Priorities in development change depending on the experience and age of the manager.

People tend to develop T-shape skills early in their careers, so they take courses on topics ranging from development to sales.