Product Manager Salary Survey
October 2009




                                Page no.
Product Manager Salary Survey 2009
 Thank you to the Product Professionals who participated in
                       this...
Gender




The majority of Product Professionals surveyed are male (57.8%)
                                               ...
Annual Salary




The median annual salary range for Product Professionals is
$101,000 to $120,000, inclusive of superannu...
Gender and Annual Salary




No significant salary differences between men and women in the
higher salary brackets
Few wom...
Age Range




The majority of Product Professionals surveyed are 31 to 35 years
old (42.2%)
The least number of Product Pr...
Age and Annual Salary




Product Professionals aged
   20 to 25 yrs earn between $60K to $100K
   26 to 30 yrs earn betwe...
Highest Education Level




84.4% of Product Professionals surveyed have a Bachelor’s Degree
or higher
No survey participa...
Education and Annual Salary




All Product Professionals who earn $180K+ per annum have
obtained a Masters degree
The maj...
Employment Status




The majority of Product Professionals work full-time (96.9%)
                                       ...
Product Management Positions




The majority of Product Professionals hold the position of Product
Manager (50.0%) or Sen...
Position and Annual Salary




Salary Ranges:                               Product Marketing Manager - $81K to $140K
    ...
Experience in Current Role




The median length of time survey participants have spent in their
current Product Managemen...
Age and Experience




The median age of Product Professionals is between 31 to 35 years
old (42.2%). Professionals in thi...
Annual Salary and Experience




The median salary range is $101,000 to $120,000 per annum
Product Professionals with
   1...
Industries




The majority of Product Professionals surveyed work within the
Telecommunications and ICT (38%), Media and ...
Employment Location by State




The majority of Product Professionals surveyed are employed in the
State of New South Wal...
Size of Company




The majority of Product Professionals work for medium to large
companies
39.1% of survey participants ...
Hours Worked Per Week




84% Product Professionals work overtime - more than 40 hours per
week
The median number of hours...
Staff Reports
                                    Number of Direct Reports




Of the respondents who have staff reporting...
Bonus Eligibility




The majority of Product Professionals are eligible for a bonus
(64.5%)
                             ...
Perks and Benefits
88.2% of survey participants stated they received one or a combination
of the benefits listed below:

 ...
Product Management People
brainmates was able to conduct this salary survey online through the
support of our clients, par...
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Salary Survey Oct 09

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Product Management Salary Information 2009

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Salary Survey Oct 09

  1. 1. Product Manager Salary Survey October 2009 Page no.
  2. 2. Product Manager Salary Survey 2009 Thank you to the Product Professionals who participated in this survey. brainmates initiated this survey to better understand the Product Management occupation in Australia and to provide a valuable resource for people who want this salary information for their career planning. Our survey objective is to understand how well Australian Product Managers are rewarded for their efforts. *A total of 64 participants responded to brainmates Product Management Survey. Page no. 2
  3. 3. Gender The majority of Product Professionals surveyed are male (57.8%) Page no. 3
  4. 4. Annual Salary The median annual salary range for Product Professionals is $101,000 to $120,000, inclusive of superannuation Page no. 4
  5. 5. Gender and Annual Salary No significant salary differences between men and women in the higher salary brackets Few women surveyed have a salary in the 81K to 100K bracket Page no. 5
  6. 6. Age Range The majority of Product Professionals surveyed are 31 to 35 years old (42.2%) The least number of Product Professionals are in the age bracket of 20 to 25 years old (3.1%) Page no. 6
  7. 7. Age and Annual Salary Product Professionals aged 20 to 25 yrs earn between $60K to $100K 26 to 30 yrs earn between $60K to $120K; 66.7% earn $60K to $80K 31 to 35 yrs earn between $60K to $180K+; 33.3% earn between $101K to $120K 36 to 40 yrs earn between $81K to $180K; 58.3% earn between $121K to $140K 41 to 45 yrs earn between $101K to $180K Page no. 7
  8. 8. Highest Education Level 84.4% of Product Professionals surveyed have a Bachelor’s Degree or higher No survey participants obtained a PhD Degree No survey participants stated TAFE as their highest qualification Page no. 8
  9. 9. Education and Annual Salary All Product Professionals who earn $180K+ per annum have obtained a Masters degree The majority of Product Professionals have obtained a Bachelor’s Degree (55.6%) Page no. 9
  10. 10. Employment Status The majority of Product Professionals work full-time (96.9%) Page no. 10
  11. 11. Product Management Positions The majority of Product Professionals hold the position of Product Manager (50.0%) or Senior Product Manager (21.9%) No Product Planners or Product Development Managers participated in the survey Page no. 11
  12. 12. Position and Annual Salary Salary Ranges: Product Marketing Manager - $81K to $140K Product Manager - $60K to $180K Product Director - $60K to $140K Product Analyst - $81K to $100K General Manager, Product - $101K to 180K+ Assistant Product Manager - $60K to $120K Group Product Manager - $121K to $180K Senior Product Manager - $81K to $180K+ Page no. 12
  13. 13. Experience in Current Role The median length of time survey participants have spent in their current Product Management is 1 to 3 years (54.7%) Page no. 13
  14. 14. Age and Experience The median age of Product Professionals is between 31 to 35 years old (42.2%). Professionals in this bracket have from 1 to 15 years of Product Management experience. Page no. 14
  15. 15. Annual Salary and Experience The median salary range is $101,000 to $120,000 per annum Product Professionals with 1 to 3 yrs of experience earn between $60K to $180K; 54.3% earn $60K to $100K 3 to 6 yrs of experience earn between $60K to 180K; 44.4% earn $101K to $120K 6 to 10 yrs of experience earn between $101K to $180K; 80% earn above $120K 10 to 15 yrs of experience can earn $101K and up; 60% earn above $141K Page no. 15
  16. 16. Industries The majority of Product Professionals surveyed work within the Telecommunications and ICT (38%), Media and Communications (16%), and Digital Media (14%) industries Page no. 16
  17. 17. Employment Location by State The majority of Product Professionals surveyed are employed in the State of New South Wales (76.6%) Page no. 17
  18. 18. Size of Company The majority of Product Professionals work for medium to large companies 39.1% of survey participants work at a company with more than 1000 employees Page no. 18
  19. 19. Hours Worked Per Week 84% Product Professionals work overtime - more than 40 hours per week The median number of hours Product Managers work is 46 to 50 hours per week (33.3%) Page no. 19
  20. 20. Staff Reports Number of Direct Reports Of the respondents who have staff reporting to them, the majority directly manage 2 to 5 employees (51.8%) Page no. 20
  21. 21. Bonus Eligibility The majority of Product Professionals are eligible for a bonus (64.5%) Page no. 21
  22. 22. Perks and Benefits 88.2% of survey participants stated they received one or a combination of the benefits listed below: Mobile phone Extra vacation time or Laptop purchased leave option Internet access Salary packaging Flexible work conditions Education compensation (hours, location) Sport activities during lunch Casual work environment break Car Travel Discount on company products for self and family Fully paid or subsidised gym membership On-site cafe access Page no. Bike lockers 22 Showers
  23. 23. Product Management People brainmates was able to conduct this salary survey online through the support of our clients, partners and Product Managers in Australia. We invite you to participate in discussions about this salary survey in our LinkedIn group, “brainmates – Product Management People”. For more Product Management resources visit our website: www.brainmates.com.au f: +61(2)9232-1694 Us: Contact Us: e: info@brainmates.com.au Suite 906, Level 9 84 Pitt Street Page no. Sydney NSW 2000 23

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