Product Manager Salary in United States during 2024

Salary details

The average Product Manager salary lies between USD 130,000 and USD 211,000 in the United States. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 10, 2024

Top 20 Job Tags for Product Manager roles

The three most common job tag items assiciated with Product Manager job listings are Cloud, Strategy and Agile. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Cloud | 253 jobs Strategy | 234 jobs Agile | 163 jobs Computer Science | 138 jobs SaaS | 110 jobs Privacy | 96 jobs KPIs | 87 jobs Analytics | 78 jobs Compliance | 74 jobs CISSP | 60 jobs Jira | 60 jobs DevOps | 52 jobs SIEM | 50 jobs EDR | 50 jobs AWS | 49 jobs GCP | 47 jobs Application security | 46 jobs Monitoring | 46 jobs SDLC | 45 jobs Azure | 43 jobs

Top 20 Job Perks/Benefits for Product Manager roles

The three most common job benefits and perks assiciated with Product Manager job listings are Career development, Health care and Startup environment. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 221 jobs Health care | 148 jobs Startup environment | 129 jobs Competitive pay | 129 jobs Equity / stock options | 126 jobs Flex hours | 103 jobs Medical leave | 99 jobs Salary bonus | 96 jobs Flex vacation | 86 jobs Parental leave | 78 jobs Team events | 75 jobs Insurance | 66 jobs Wellness | 49 jobs 401(k) matching | 36 jobs Transparency | 24 jobs Conferences | 22 jobs Home office stipend | 12 jobs Unlimited paid time off | 9 jobs Lunch / meals | 7 jobs Fitness / gym | 7 jobs

Salary Composition

In the United States, the salary composition for a Product Manager in InfoSec/Cyber Security typically includes a base salary, performance bonuses, and additional remuneration such as stock options or equity, especially in tech companies. The base salary often constitutes the majority of the total compensation package, ranging from 60% to 80%. Performance bonuses can vary significantly, often comprising 10% to 20% of the total package, depending on the company's performance and individual achievements. Additional remuneration, such as stock options, can be a significant part of the compensation, particularly in larger tech firms or startups, where it might account for 10% to 30% of the total package. Regional differences also play a role; for instance, salaries in tech hubs like Silicon Valley or New York City tend to be higher due to the cost of living and competitive job market. Industry and company size also influence salary composition, with larger companies often offering more comprehensive bonus and stock option packages.

Increasing Salary

To increase your salary further from this position, consider pursuing advanced certifications or further education, such as an MBA or a specialized master's degree in cybersecurity. Networking within the industry and building a strong professional brand can also open up higher-paying opportunities. Taking on more significant responsibilities, such as leading larger projects or teams, can demonstrate your capability for higher-level roles. Additionally, staying updated with the latest trends and technologies in cybersecurity can position you as an expert, making you more valuable to your current or potential employers. Exploring opportunities in different regions or industries where salaries are higher can also be a strategic move.

Educational Requirements

Most Product Manager roles in InfoSec/Cyber Security require at least a bachelor's degree in a related field such as computer science, information technology, or business administration. However, many employers prefer candidates with a master's degree, particularly in cybersecurity, information systems, or an MBA with a focus on technology management. A strong educational background provides a solid foundation in both technical and managerial aspects, which is crucial for effectively managing cybersecurity products.

Helpful Certifications

Several certifications can enhance your qualifications for a Product Manager role in InfoSec/Cyber Security. Common and highly regarded certifications include Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), and Certified Information Systems Auditor (CISA). These certifications demonstrate a deep understanding of cybersecurity principles and practices. Additionally, certifications like Certified Scrum Product Owner (CSPO) or Pragmatic Marketing Certification can be beneficial for understanding product management methodologies and frameworks.

Required Experience

Typically, a Product Manager in InfoSec/Cyber Security is expected to have 5 to 10 years of experience in the field. This experience often includes roles in cybersecurity, IT, or related areas, with a few years specifically in product management. Experience in leading cross-functional teams, managing product lifecycles, and working closely with engineering and sales teams is highly valued. A proven track record of successfully launching and managing cybersecurity products can significantly enhance your candidacy.

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