Hello dear friends, welcome to this new and exciting article about the Google Product Manager Salary!
In this article, you will learn about the total compensation and the Google Product Manager Salary range no matter what company you work with.
By the end of this guide, we are confident that you will understand not just what the base salary looks like but how to also increase your income as a product/program manager or a group product manager.
To whet your appetite, here are some points that will be covered:
- Overview of Google Product Manager
- Google Product Manager by education, state, experience, and employer
- How to increase your income as a Google Product Manager
Without wasting any more time, here we go!
Overview of Google Product Manager Salary
According to Payscale, Glassdoor, and the Bureau of Labor Statistics, the average salary of a Google product manager is $140,000 in the United States.
Looking at that salary, it brings their hourly rate to $64.
Moreover, when talking about their total compensation, salary is just a part of it.
Google Product Managers are also entitled to some additional bonuses which can amount to approximately $40,000 a year.
These bonuses could be tips, stock bonuses, commissions, and other company incentives for their hard work.
In total, taking into consideration their base salary and the bonuses they earn, a Google Product Manager can earn up to $200,000 in a year.
As we will later see in this article, Silicon Valley in San Francisco tops the list of companies that pay Google Product Managers the highest salary.
According to the salary data, they pay an average of $238,000 with an hourly rate of $114.
Even though their salary in the United States may add up to around $200,000, their base salary is just $15, 900 for someone new on the job while their bonuses could also be around $40,000 for a start.
Still, a new Google PM is eligible for other additional cash compensation in commissions, stock bonuses, and tips.
Looking at the hourly wages of Product Managers, which is more than the national average, just 900 Product Managers are working in Google offices.
One important fact is that the monthly salaries of Google Product Managers vary slightly. One reason for this is that Google has a wide array of products and thus they need lots of Managers for each of their products.
Because of this, the salary range is between $45,000 and $250,000 annually while additional compensation can add up to between $32,000 and $130,000.
You may be wondering why the salaries of Google Product Managers are way higher than the national average.
This is so because Google Product Managers are highly experienced in their field and they must have completed years of advanced education.
For Product Managers working at Google, there is no gender gap in their remunerations and financial compensation.
The pay will only vary based on your experience and state of residence.
Another factor that also counts is how long a Product Manager has been working with Google.
Google has a policy in place to reward loyal employees after some years of working with them.
This policy involves increasing either their salaries or the type of bonuses they are entitled to.
Google Product Manager Salary by Years of Experience
To make this section more understandable, we have grouped the salaries of Google Product Managers by their years of experience or how long they have been working within Google.
Here is the list:
Years of experience | Starting salary | Salary Variation |
1 year or below | An entry-level product manager will receive a starting salary of $86, 400 | The salary can rise to about $200,000 annually |
Between 1 and 3 years | The average salary of a Google product manager with these years of experience is $146,800 | The salary can drop or increase, ranging between $90,000 and $205,000 |
Between 4 and 6 years | There is a significant rise because of the increase in years of experience. Starting salary is $161,000. | In some companies, the range can be between $15,000 and $249,000. |
Between 7 and 9 years | Because of the increase in years of experience, the starting salary is $166,000 | Other companies may have slightly different salary structures ranging between $132,000 and $210,000 |
Between 10 and 14 years | A product manager at Google with this extensive level of experience is expected to earn around $195,642. | Other companies may have slightly different salary structures ranging between $158,000 and $240,000 |
15 years of experience and above | A product manager at Google with 15 years of work experience and more will earn about $200,000 or more. | Other companies may have slightly different salary structures ranging between $120,000 and $271,000. |
Google Product Manager Salary On Different Levels
Job levels are represented by the alphabet “L” along with a number in front.
This designation refers to how experienced a particular Product Manager or a team member is.
The experience level is between L3 and L8, with L3 the lowest and L8 the highest.
The level a Product Manager has attained will also determine how much they will earn.
Here are common designations at Google and how much they earn:
Level Designation | Position | Average salary |
L3 | Associate Product Manager 1 | $128,000 |
L4 | Product Manager 1 | $149,000 |
L5 | Product Manager 2 | $175,000 |
L6 | Product Manager 3 | $206,000 |
L7 | Senior Product Manager | $241,000 |
L7.5 | Group Product Manager | $253,000 |
L8 | Director | $303,000 |
When a Product Manager decides to gain more experience and earns some more certifications, this will boost or increases how much they earn because their level designation too will increase.
As expected, any additional bonus and tips also increase as a Product Manager levels up so to speak.
This additional compensation can be anywhere between the range of $21,000 and $99,000.
Google Product Manager Salary by State
Highest Paying Cities For Product Managers
Take a look at what each of these cities in various states across the U.S is paying Google Product Managers.
City and State | Average annual salary | Hourly rate |
San Francisco, CA | $124,851 | $60.02 |
Seattle, WA | $112,707 | $54.19 |
Portland, OR | $106,726 | $51.31 |
New York, NY | $106,031 | $50.98 |
Jersey City, NJ | $101,472 | $48.78 |
Arlington, VA | $98,551 | $47.38 |
Waltham, MA | $98,148 | $47.19 |
Phoenix, AZ | $97,995 | $47.11 |
Washington, DC | $96,329 | $46.31 |
Philadelphia, PA | $95,949 | $46.13 |
Arlington, TX | $93,182 | $44.80 |
Minneapolis, MN | $92,078 | $44.27 |
Chicago, IL | $91,120 | $43.81 |
Raleigh, NC | $90,180 | $43.36 |
Columbus, OH | $89,433 | $43.00 |
Indianapolis, IN | $87,966 | $42.29 |
Google Product Manager Salary by Popular Companies
There is money in tech, and this makes it almost impossible to compare the average total salary of a Google Product Manager from country to country.
Here is an example of how the same job can earn slightly varying salaries:
Company Name | Entry-level | Average level | Expert Level |
Microsoft | $123k | $146k | $162k |
$160k | $195k | $218k | |
$145k | $170k | $202k | |
Amazon | $119k | $142k | $173k |
Highest Paying Industries for Product Managers
Industry | Average Product Manager Salary | Salary range |
Professional | $135,557 | $92k- $160k |
Finance | $116,289 | $92k- $160k |
Manufacturing | $115,463 | $92k- $160k |
Retail | $115,329 | $92k- $160k |
Technology | $113,120 | $92k- $160k |
Although their starting salary could be as high as $115, here are the various fees charged by tech companies based on specialization:
Aerospace and defense | $106,000 |
Banking and financial services | $98,000 |
Computer software | $107,000 |
Consulting | $106,000 |
Energy and utilities | $104,000 |
Information technology | $116,000 |
Internet and tech | $99,000 |
Recruiting and staffing | $108,000 |
Telecommunications | 96,000 |
Transportation and logistics | $90,000 |
There is no doubt that product management is one of the highest-paying jobs within the technology ecosystem.
While money isn’t the motivation for going with this amazing profession, it is surely important to know how much you will earn.
Google Product Management Salary by Seniority
Another driving force for how much a Google Product Manager makes is how long they have been on the job, or as the experts will say their seniority.
But, concerning Product Manager positions and other tech jobs, you do not have to spend decades on the job to achieve a measure of seniority.
Your education degree and certification can make that difference.
Let’s consider how this is possible.
Associate Product Manager – Average of $85,000
This role is mostly held by a fresh graduate or someone who’s just breaking into the product management field.
Associate Product Managers earn approximately $85,000 annually.
The requirement remains a college degree and anywhere between 1 to 2 years of experience.
It is an entry-level product management role, many companies prefer recruiting out of colleges and universities (computer science graduates) to fill their vacant associate product manager roles.
Product Manager – Average of $115,000
To attain this role, you must have spent the past 2 to 3 years in the Associate Product Manager’s role or any closely related role in sales, marketing, or engineering.
This experience is enough to be considered for a Product Manager’s role.
That will get you a significant pay rise.
To qualify, apart from having worked as an Associate Product Manager, you must either be a fresh MBA graduate or any other advanced degree in technology.
In some cases, some companies may allow applicant’s bypass the Associate Product Manager’s role.
In other cases, some organizations will insist on the experience.
However, the point is that with this role, you earn more.
Senior Product Manager – Average of $148,000
People who have filled the role of Product Managers in the past or those who are current Product Managers can apply to become Senior Product Managers.
To qualify, you must have spent between 5 to 8 years as a Product Manager (Product Marketing Manager) or Project Manager.
In most cases, their job revolves around managing several products at the same time or even managing an entire product portfolio.
Director of Product Management – Average of $175,000
To apply for this role, most tech companies require that applicants must have more than 7 years of experience in product management and personnel management.
In some cases, some companies may be specific about the expertise applicants should have.
For example, a tech marketing company that needs a Director will be looking for applicants who have experience in sales and marketing.
The Director is responsible for leading the management team and leading the marketing team.
VP of Product Management – Average of $195,000
The Vice President of Product Management is a member of the management team and he alone is responsible for the product vision of the company.
They are also actively involved in mentoring and promoting the product team.
To be eligible for this position, you must have at least 5 years of experience leading a Product Management team in some industry-specific expertise.
Of course, the salary represents a significant increase as compared to what the Director of Product Management earns, however, the salary varies from company to company.
One thing is sure: along with the salary comes other generous incentives, packages, bonuses, and profit-sharing.
Chief Product Officer (CPO) – Average of $205,000
This is the highest position in the product management sphere because it is an executive-level role that is common in larger tech companies.
The Chief Product Officer reports directly to the Chief Executive Officer (CEO) of the company.
He is responsible for the entire product management department of the organization.
Some of the duties of a Chief Product Officer include setting the whole product strategy and ensuring that the management team serves the company’s goals.
Their annual salary stands at above $200,000 on average, however, they too are eligible for other compensatory packages which can increase their total compensation.
Job Outlook
Considering the growing demands for Product Managers, the outlook for Google Product Managers is looking very good.
With more graduates taking on tech courses, many young ones pitching their tents in the tech field, and many tech companies extending their horizons, there will be more company roles for Google Product Managers.
More governments are focusing on improving the current standard of living and general governance with tech in view, pursuing a career as a Product Manager seems very profitable.
According to the U.S Bureau of Labor Statistics, the job outlook for Product Managers is expected to increase by 9 % in 2030 because more infrastructures are seeing tech as the way forward.
In terms of the salary, since the cost of living in larger cities will only continue to increase, the salaries of Google Product Managers in big cities are expected to continue to increase.
Finally, we can only expect Google to expand to cities where they currently do not have an office.
So, with more branches will be an increased need for Google Product Managers.
How to Improve your Salary as a Google Product Manager
Will you like to increase your prospects of making more money as a Google Product Manager?
While directly asking for it might seem like the easy way out, here are a few practical things that you can do to increase your total compensation.
One simple way is to start adding value to your credentials and also improving your efficiency.
The following points will help you achieve just that:
Move to another state: As mentioned in the article, while there is a base salary for Google Product Managers, some states tend to pay more.
Among the highest paying states are California, Washington, and Oregon.
If you feel that you are underpaid as a Google Product Manager, it might be in your best interest to start applying for the same position or even higher in one of the states that are known to pay more.
That means relocating and moving your entire family.
But if you are not ready for relocation at this time, there are still some things you can do to increase your salary.
Get enough experience: Another way to increase your salary is to apply for a higher position in the product management field.
To apply for either Senior Product Manager or the Director of Product Management, you must have spent at least 5 years as a Product Manager.
So, why not endeavor to meet these criteria, and maybe you can boost your income within the next fiscal year.
Negotiate: This has helped lots of people who feel that they are underpaid as Google Product Managers.
Speak with the management of the company and let them know what you want.
But before doing that, be sure that you have a track record of efficiency so that the company sees you as indispensable.
If you are good at what you do, the company will have no other choice than to retain you and give in to your demands.
Conclusion
As seen in this article, Google Product Managers are highly paid.
You are not wrong for wanting to be well-paid too.
However, to become a Google Product Manager is no easy task; it requires years of study and experience.
Then, you have to be alert to Product Manager jobs.
The job outlook is also looking good for them, at least for the next decade.
As we have considered, the base salary might be the same but the additional compensation and bonuses may vary from state to state, from city to city, and from company to company.
There is one sure thing though: you will never regret pursuing this exciting career path!
FAQs – Google Product Manager Salary
What is a Product Manager?
A Product Manager is a person who develops products for a company based on the needs of the people.He also manages the product team and each individual on the team.He also works with a team of researchers, specialists, and analysts to ensure that the goals of the company become a reality.
What are some duties of a Google Product Manager?
Of the duties of a Google Product Manager is to manage software development as a Software engineer.Before any new product is launched, the Google Product Manager will test every feature of the product and will gather relevant feedback.He uses this feedback to initiate improvements until the product meets the need of the consumers.
How much do Product Managers make at Google?
The average Google Product Manager salary is $120,000 yearly.However, for fresh graduates and those who are on the lower end of the pay scale, the total pay may be just under $90,000.In terms of total compensation, Google Product Managers usually get some incentives like stock bonuses, profit sharing, and money for extra duties.
Which states pay Google Product Managers the most?
Among the cities and states that pay Google PM the most are: California, Washington, Oregon, New York, New Jersey, Virginia, Massachusetts, Los Angeles, Arizona, Texas, Illinois, Ohio, and Minneapolis.If you feel that you are underpaid, you can consider relocating to any of these states within the United States.
Can Google Product Managers work only in tech companies?
Yes, Google Product Managers only deal with tech, and as such can only work in tech companies. However, it does not mean that the idea cannot be used in other areas of entrepreneurship, for example in managing a transport company like uber. For instance, you may still need to manage lots of team members and market a new product. You do not have to be technical before doing all these.
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