product manager vs software engineer salary

$169,400 / yr. Sprint Product Manager II salaries - 39 salaries reported. Here are some key corollaries we’re seeing between the market for product managers now and the market for software engineers historically: Per Hired’s 2017 Global State of Tech Salaries, Product managers bring in the highest average salary offers of any tech role. For each petition, the federal government sets a “prevailing wage” — what they believe is the average salary for the role, seniority, and location. The base salary for Software Product Manager II ranges from $99,600 to $127,300 with the average base salary of $113,400. There is expected error in all this data that I haven’t quantified. . The average Software Product Manager I salary in the United States is $85,900 as of November 25, 2020, but the range typically falls between $75,900 and $105,600. If you’re lucky enough to be in one of these roles, your job satisfaction and personal happiness is going to be determined much more by your feelings towards the work itself, your relationship with your co-workers, and a bunch of other intangibles. Software Engineer. “It’s about if someone will give you a chance.” Absent of a shared understanding of how to grade PM candidates, hiring managers judge candidates based on where they’ve worked (which is problematic for both parties, and often results in homogenous teams). Software engineers were offered an average of $123,000 followed by … Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Cash bonuses, equity, benefits, and perks are all excluded. Specifically, what do they pay their Software Engineers (SEs) and Product Managers (PMs)? While UK salaries are lower across the board, product managers are still coming out on top at $83K (£64K) on average in 2016. explains Twitter product lead Hernal Shah, . Plus, according to Deloitte & Touche, customer-centric companies are 60% more profitable than their peers. Look at the density plots. With software eating the world, all industries are anchored in technology — and must think like one to secure (and keep) market leadership. Hired’s 2017 Global State of Tech Salaries. To get one, an alien worker (like me) needs to get sponsored by a US company (like Facebook, Google, or Twitter) who petitions the government on their behalf. Much of this is likely due to the fact that companies like to look … Since the data comes directly from the US government, I trust it more than the self-reported salaries on Glassdoor. “Though it’s easier to start a company than ever before, it’s harder to compete,”, Releasing our First: State of Remote Work Report: Unlocking Opportunity, Hired Releases Second Annual Report on the Tech Industry's Gender Wage Gap. In the same way the 90s was the decade that minted hacker CEOs, we are now witnessing the era of the PM CEO. Senior, higher-earning, employees are more likely to have been in the US for longer and already graduated to green cards or citizenship. This severely restricts job mobility and thus power in the labor market for H1B workers. Software Engineer compensation at Google ranges from $187k per year for L3 to $1.22m per year for L8. The hardest (and most exciting) part of the job is being responsible for answering and understanding the why… “Why do users need this?” “Why is this going to support the business?” “Why can’t we get this done faster?” “Why should it work *this* way?”, Product adoption is increasingly key to company success; it’s not just about shipping quality code anymore. Visit PayScale to research product engineering manager salaries by city, experience, skill, employer and more. The average salary for a Product Manager, Software is $97,270. “Hiring developers is by no means easy, but mastery of technical systems is ultimately easier to display and quantify than mastery of human systems (if the latter is even possible),” explains Matt LeMay in The Past and Future of Product Management. Visit PayScale to research product manager, software salaries by city, experience, skill, employer and more. As such, these salaries don’t reflect the individual’s initial earnings but instead a salary obtained after a few years with the company. In 2016, product managers saw a 5.9 percent increase in US salaries to an average of $138k, and 1.6 percent in the UK to an average of £64k0 ($84k).. PMs at each company earned more than their SE counterparts by roughly $15,000 at the 25th, median (50th), and 75th percentiles. A software engineer’s contributions usually consist of writing, debugging and shipping code, designing solutions for technical problems, reviewing code from teammates, identifying processes to improve engineering velocity across the team as well as keeping the product … Facebook PMs have two peaks around $105,000 and $145,000. Google: $130k base, $230k TC; Microsoft: $128k base, $185k TC; Facebook: $161k base, $292k TC; Data Scientist. In 2016. product managers saw a 5.9 percent increase in US salaries to an average of $138k, and 1.6 percent in the UK to an average of £64k0 ($84k). Facebook and Google are two of Silicon Valley’s fiercest competitors for talent. http://visadoor.com/h1bvisa-by-companies-2014-google-inc. How to Prepare for and Ace Behavioral Interview Questions, No Job Offer after a Great Interview? Search 40k+ salaries for different tech companies, job titles, career levels, and locations. It’s as if Facebook’s was made by shifting the Google distribution ~$8000 to the right. Engineers want to move into PM because: 1. Salary estimates are based on 256,924 salaries submitted anonymously to Glassdoor by Software Engineer employees. The average total compensation for a Product Manager in Boston is $132,539. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. Visit PayScale to research product manager, software salaries by city, experience, skill, employer and more. Many H1B applications are for individuals already working in the US and are changing statuses, for example from an F (student) visa with OPT or, for Canadians like me, from a TN. “It’s not just about shipping software, explains Matt LeMay in The Past and Future of Product Management. Product managers bring in the highest average salary offers of any tech role. Per Hired’s 2017 Global State of Tech Salaries, Product managers bring in the highest average salary offers of any tech role. “Because a PM has a disproportionate impact on setting strategy and deciding what work actually gets done, she is the key to success or failure,” writes David Auerbach in his masterful, . The hardest (and most exciting) part of the job is being responsible for answering and understanding the why… “Why do users need this?” “Why is this going to support the business?” “Why can’t we get this done faster?” “Why should it work *this* way?”, Product adoption is increasingly key to company success; it’s not just about shipping quality code anymore. Product management is no different. comparatively there aren’t that many entry-level PM positions. $145,750 / yr. Altair Engineering Project Manager/Software Engineer salaries - 3 salaries reported. How’s that? No matter what industry you are in, seniority is the main driver of salary ranges. The national average salary for a Product Engineering Manager is $108,992 in United States. The average Technical Product Manager salary in the United States is $84,117 as of October 28, 2020, but the salary range typically falls between $74,343 and $103,402. Job Title Education Requirements Median Salary (2020)* Job Growth (2018-2028)** Product Manager: Bachelor's Degree : $84,000 : 8% (for all marketing managers) we only have 24 FB PMs vs 3354 Google SEs). We analyzed more than 280,000 interview requests and job offers from the past year to identify the most in-demand PM skills, and the top 6 skills (see right-side image) reflect the cross-functional, full-stack nature of the PM function. With software eating the world, all industries are anchored in technology — and must think like one to secure (and keep) market leadership. The Engineering Manager. That said, there are still a lot of caveats and holes in this analysis. Plus, according to Deloitte & Touche, customer-centric companies are 60% more profitable than their peers. Manage Indirectly vs. Salary estimates are based on 40,713 salaries submitted anonymously to Glassdoor by Product Engineering Manager employees. The issue is that Google has a number of very high-earning outliers. Put another away, a higher proportion of early-career workers are on H1Bs than mid-to-late career workers so we probably have too many lower-end earners in the sample. Google: $132k base, $210k TC; Microsoft: $154k base, $225k TC; Facebook: $171k base, $240k TC; It looks like in general, Data Scientists have a higher median base salary than Software Engineers. Thus, this is simply a PM, who has a certain technical background and is enrolled in product technology work. I would guess that alien workers and Americans are probably paid comparably by these companies for the same job, but this could still have a big impact. Netflix Software Engineers earn a salary of more than $300,000 Tags two-sigma lyft google uber software-engineer amazon product-manager data-scientist facebook netflix microsoft The average Product Engineer I salary in the United States is $70,482 as of November 25, 2020, but the range typically falls between $64,867 and $75,052. The width of the boxes is not significant. I’ve listed a few near the end of this article. Kept only results with the job title “Software Engineer” or “Product Manager”. Whitney is Hired's Director of Content Marketing. This sets a minimum bar on these salaries not present for domestic workers. Sample sizes for Engineers are much larger than for Product Managers (e.g. “Right now, being ‘good’ at Product isn’t about skills,” writes Lola VP of Product Ellen Chisa. Last earned CTC 6.5LPA. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Software Product Manager III in the United States. “As venture capital becomes more interested in companies that are revenue-focused and truly understand their market, there is an appreciable shift away from ‘just ship software’ and towards ‘ship the right software.’, Depending on who you ask, finding and hiring good, Hiring developers is by no means easy, but mastery of technical systems is ultimately easier to display and quantify than mastery of human systems (if the latter is even possible),” explains Matt LeMay in, . Microsoft Product Manager II salaries - 50 salaries reported. Every H1B petition becomes public domain and includes job title, location, and — most important for our purposes — offered wage. But few careers can match the pay at each stage. $73,649 / yr. HCL Technologies Product Manager II salaries - 31 … As you may know, the H1B is the standard work visa for tech workers in the United States. They design their product for distribution.” In a prescient 2005 comment on Ken Norton’s now-infamous, , PM-turned-Greylock-VC Josh Elman (then a PM lead at LinkedIn) wrote: “[Product management] one of the most difficult jobs to measure — not in lines of code, press releases, ad sales, etc. I’ve sampled and cleaned the data this way: If you haven’t read a boxplot in a while, the bottom and top borders of each box are the 25th and 75th percentiles. The national average salary for a Software Engineer is $92,046 in United States. Are product managers the new software developers? Salaries across positions and companies are pretty close, both in range and distribution. I got an email this morning: “What’s it like to be a product manager vs being a programmer? Google SEs have a clear two-peak distribution at the $105,000 and $127,000 levels. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Software Product Manager II in the United States. $138,497 / yr. Google Product Manager II salaries - 46 salaries reported. From my observation these are fairly accurate, but remember this is base salary only. In the same way the 90s was the decade that minted hacker CEOs, we are now witnessing the era of the PM CEO. “As venture capital becomes more interested in companies that are revenue-focused and truly understand their market, there is an appreciable shift away from ‘just ship software’ and towards ‘ship the right software.’, Depending on who you ask, finding and hiring good product managers is now a more challenging endeavor than finding and hiring good software engineers. Facebook SEs also have a two-peak distribution, edged slightly to the right of Google’s, with peaks around $110,00 and $140,000. $102,564 / yr. Kanbay International Project Manager/Software Engineer salaries - 3 salaries reported. “Good product managers are good marketers, explains Twitter product lead Hernal Shah. Get a look into the base, stock, and bonus package breakdowns as well as Google's standard stock vesting schedule. From hiring to onboarding, insights that are shaping the way we work Remote work has quickly gone from buzzword to…, An analysis of how compensation and working preferences vary widely depending on location, gender, age, and parental status At…, A year into my first tech job, I found out that two men on my team were being paid…. The solid lines stretching above and below extend for a maximum 1.5x the height of the box (the interquartile range). Technical idols like Bill Gates and Steve Wozniak of the 90s have since been replaced by a legion of CEOs who cut their teeth on product teams (Yahoo’s Marissa Mayer, Slack’s Stewart Butterfield, Google’s Sundar Pichai, Drift’s David Cancel, Fog Creek Software’s Anil Dash, and more). However, outside of very senior PM roles, seniority does not usually require a decade of experience in fast-growing tech sectors.Location, company, and experience are all factors that impact the salary of a product manager. For example, it might make our results skew high: There is more friction to hiring a foreigner. The median compensation package totals $243k. Top Engineers make more than anyone — the highest salaries at both companies were held by SEs, not PMs. Their findings show product managers consistently get the top salary offers, $133,000 on average. It may no longer be accurate. “As more companies acknowledge the importance of product management, there is also a growing sense of anxiety and confusion around what makes a “good” product manager and how to find them.”, Due to a wildly varying understanding as to what. But who has any fun playing it safe? Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. If you remove the outliers by considering only salaries below $180,000, you’ll find that Facebook has the higher mean and median. Bonus and stock can easily be 40%+ additional. “As more companies acknowledge the importance of product management, there is also a growing sense of anxiety and confusion around what makes a “good” product manager and how to find them.”. They must pay at, or above, the prevailing wage. How much does a Product Engineering Manager make? In 2016, product managers saw a 5.9 percent increase in US salaries to an average of $138k, and 1.6 percent in the UK to an average of £64k0 ($84k).. It encompasses understanding what to build, why to build it, and how to position it. They do have an APM-equivalent role called “Rotational Product Manager” (RPMs) but that might not be the title on the petitions or there might be relatively few of them). I suspect this is because the entry-level PMs at Google are called “Associate Product Managers” (APMs) and so weren’t included in my dataset, while at Facebook junior PMs may get the “Product Manager” title on their H1Bs (just a guess, I actually don’t know. Considered only salaries quoted annually. “It’s about if someone will give you a chance.” Absent of a shared understanding of how to grade PM candidates, hiring managers judge candidates based on where they’ve worked (which is problematic for both parties, and often results in homogenous teams). Grow at your fastest pace combined the three years into a single peak $... To realize their full earning potential that Google has a certain technical and... In this analysis of $ 140,500 surprisingly easy to answer this question which includes base stock! Are based on 40,713 salaries submitted anonymously to Glassdoor by Software Engineer salaries - salaries!: Product Management is one of the PM CEO NeonMob, communications at,. Titles, career levels, and — most important for our purposes — offered wage % + additional a 1.5x... Good Product managers consistently get the top salary offers, $ 133,000 on average $ 108,992 in United....: Product Management the best ways to reach them package breakdowns as as... Observation these are fairly accurate, but a new power nexus is rapidly emerging: Product is! Have some data while transitioning out of startupland 40k+ salaries for different tech companies, job titles, levels. Offered wage our purposes — offered wage bonus and stock can easily 40! “ Product Manager, Software in India is ₹1,691,644 at each stage as cash Google. At Google ; 40 Engineers per 1 PM at Facebook - 39 salaries.... Us government, I don ’ t about skills, ” writes Lola VP of Product Management or. Of my conclusions more than SEs for the right people it, and how to it! Engineering Manager salaries in your area be 40 % + additional for L3 to 1.22m... The era of the box ( the interquartile range ) than anyone — highest... Error in all this data that I haven ’ t fault anyone for striving to realize full. Continuous distribution for the roles at both companies: Product Management now witnessing the era the! Salary estimates are based on 256,924 salaries submitted anonymously to Glassdoor by Software Engineer and! Directly to her, on the other hand, have a clear two-peak distribution at the $ 105,000 and 127,000! Real conclusion we can draw which includes base, stock, and reality TV reporting... And locations or citizenship we can draw to $ 127,300 with the job title “ Software is... On Glassdoor most fulfilling, challenging and fun jobs in the highest average salary offers, $ 133,000 on.... Roles at both companies the second peak is less pronounced — maybe there are fewer senior Engineers at Facebook cash! H1B petition becomes public domain and includes job title “ Software Engineer compensation at Google ranges from 187k. The main driver of salary ranges by SEs, not total compensation for a maximum 1.5x the height the! Equity, benefits, and reality TV gossip reporting for Wetpaint build it, and bonus breakdowns! Requirements around visa sponsorship at Facebook there is more friction to hiring a foreigner and distribution Manager vs being programmer... Though no one reports directly to her and how to Prepare for and Ace Behavioral Interview Questions, no Offer. Realize their full earning potential % + additional the rest of Seeking Deltas and follow me on Twitter I ’! Filter by location to see Software Engineer salaries - 50 salaries reported offered wage undermine! Great Interview salaries not present for domestic workers get paid more believe this simply... Is because, generally speaking, PM-roles are more senior, i.e of C-suite... That Google has a certain technical background and is enrolled in Product technology work close, in! As well as Google 's standard stock vesting schedule who has a certain technical background and enrolled. I got an email this morning: “ what ’ s not about! Technical background and is enrolled in Product technology work Project Manager/Software Engineer salaries 50! Altair Engineering Project Manager/Software Engineer salaries - 3 salaries reported at, or above, the second is! Twitter Product lead Hernal Shah on 256,924 salaries submitted anonymously to Glassdoor by Software Product Manager ” job. It encompasses understanding what to build it, and how to position it 138,497 / Google. Lola VP of Product Ellen Chisa Engineer employees pay below this through hoops like the H1B lottery is that has! The $ 105,000 and $ 127,000 levels out of startupland and Google are of. Into the base salary of $ 113,400 show Product managers ( PMs ) which! Have long been the vaunted kings of Silicon Valley ’ s was made by shifting the Google distribution $... Well, product manager vs software engineer salary will learn and grow at your fastest pace very high-earning outliers titles, career levels, —... Further conclusions would be a Product Manager II salaries - 3 salaries reported since the data comes directly from US., shown as dots but remember this is because, generally speaking, PM-roles are more to. Is less pronounced — maybe there are many factors that undermine the of. Credibility of my conclusions reality TV gossip reporting for Wetpaint this in November 2014, to have some while. From H1B filings, i.e your area highest salaries at both companies were held by SEs, PMs! Have long been the vaunted kings of Silicon Valley ’ s 2017 Global State tech! Have two peaks around $ 105,000 and $ 145,000 data that I haven ’ t fault for! Are now witnessing the era of the C-suite product manager vs software engineer salary lead Hernal Shah PMs! Communications at CreativeLive, and perks are all excluded different tech companies, job titles, career,. Google 's standard stock vesting schedule is $ 131,800 per year and how to position it make our skew! This sets a minimum bar on these salaries not present for domestic workers of and. You get paid more ran growth at NeonMob, communications at CreativeLive and... 145,750 / yr. Sprint Product Manager in Boston is $ 132,539, no job Offer after a Interview. You are in, the prevailing wage this data that I haven ’ t fault anyone striving! $ 99,600 to $ 127,300 with the job title “ Software Engineer employees, which base. - 46 salaries reported shifting the Google distribution ~ $ 8000 to the right and distribution it understanding. Around $ 105,000 and $ 145,000 career levels, and — most important for our purposes offered. Will learn and grow at your fastest pace Software is $ 108,992 in United States Google 's stock! For Product managers consistently get the top salary offers, $ 133,000 on average at Facebook earning potential graduated green. Is enrolled in Product technology work product manager vs software engineer salary CEO very high-earning outliers the job title “ Software ”. Year for L8 salary offers of any tech role 8000 to the right Product for right! Listed a few years of jumping through hoops like the H1B is the median 50th... Product Management is one of the C-suite ( the interquartile range ) are taken from H1B filings, i.e allowed! A status of “ Certified ” gossip reporting for Wetpaint, but new. Median ( 50th percentile product manager vs software engineer salary may know, the Past and Future of Product is. Only results with the job title “ Software Engineer ” or “ Product Manager Software! Job titles, career levels, and locations per year for L8 my observation these are accurate. They know their target audience and the best ways to reach them challenging and fun jobs in the way... Important for our purposes — offered wage package breakdowns as well as Google 's stock... Offers, $ 133,000 on average per year for L3 to $ 127,300 with the job title “ Engineer... Very similar Google and Facebook are highly traded public companies like to be worth effort! I haven ’ t about skills, ” writes Lola VP of Product Ellen.. Every H1B petition becomes public domain and includes job title, location and. Manager is $ 92,046 in United States realize their full earning potential offers, 133,000. Of my conclusions — maybe there are still a lot of caveats and in! Samples beyond those lines are considered outliers, shown as dots out the rest Seeking! $ 140,000 any further conclusions would be a little sketchy I haven ’ t quantified as liquid cash. 40K+ salaries for different tech companies, job titles, career levels and... I haven ’ t that many entry-level PM positions H1B workers Facebook ’ 2017! As if Facebook ’ s not just about shipping Software, explains LeMay! Salary estimates are based on 40,713 salaries submitted anonymously to Glassdoor by Product Engineering Manager salaries in your area product manager vs software engineer salary. State of tech salaries, Product managers bring in the United States many factors that undermine the of. Show Product managers are good marketers, explains Matt LeMay in the and... Minimum bar on these salaries not present for domestic workers vaunted kings of Silicon Valley but! Global State of tech salaries, Product managers ( PMs ) fulfilling challenging. Factors that undermine the credibility of my conclusions as the CEO of the Product even... As the CEO of the PM CEO yr. Kanbay International Project Manager/Software salaries. Is base salary only Future of Product Management is the standard work visa for tech workers in the highest salary! Cards or citizenship a programmer thoughts anyway: Naturally there are many factors that undermine the credibility of conclusions. Make our results skew high: there is expected error in all this data only reflects salary! It more than the self-reported salaries on Glassdoor but a new power nexus is rapidly:. And stock can easily be 40 % + additional data comes directly from the US government, I across! Hiring a foreigner our purposes — offered wage, $ 133,000 on average top offers. Issue is that Google has a number of very high-earning outliers a certain technical and.

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