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LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

A 90th percentile senior individual contributor product manager can earn $350,000 in base salary and close to $1 million in total compensation.

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LP

How much product managers get paid in US, Europe, and Canada

@ Lenny's Podcast

How much product managers get paid in US, Europe, and Canada

05/02/25

Related Takeaways

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

Ninety percent of individual contributor product managers can earn close to $1 million in total compensation.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

New product managers earn less than senior individual contributors, with total compensation of $265,000 versus $425,000, respectively.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

New product managers earn less than senior individual contributors, with a median total compensation of $265,000 per year for new managers.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The median starting total compensation for a product manager in the US is $139,000.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The median starting base salary for a product manager in the US is $112,000 at public companies and $96,000 at private companies.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The median chief product officer earns $1,425,000 in total compensation, with the 90th percentile making nearly $5 million.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

UK product managers earn 65% of what the average US product manager makes, while Canadian product managers earn 60%.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

In tier 1 US cities, product managers earn 10% more than the average US product manager.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The average product manager in a tier 3 US city earns more than the average product manager in Europe or Canada.