Google Product Manager Salary
Google Product Manager Salary – Is the idea of pursuing a career in the fast-paced and competitive world of Product Management still on your radar? Apply Now For AltUni’s Advanced Product Management Program Now!
There are reasons why Product Managers are called mini CEOs, one of which is that Product Management is a career as well as a training ground for future CEOs. Do you know what Indra Nooyi (CEO of PepsiCo.), Susan Wojcicki (CEO of YouTube), Stewart Butterfield (CEO of Slack), Satya Nadella (CEO of Microsoft), Marissa Mayer (Former CEO of Yahoo) and Sundar Pichai (CEO of Alphabet) in general ? They are all Product Managers at various levels of seniority at some point in their careers.
Google Product Manager Salary
Julia Austin, who until June 2020 teaches Product Management at Harvard Business School, says that Product Managers must master basic core competencies such as conducting customer interviews and user tests, conducting market assessments, pricing, and revenue modeling, etc.
These Are The 10 Highest Paying Jobs At Google
He emphasized that a good PM must have a high EQ, which is the ability to empathize with customers as well as have a strong relationship with the organization that will allow him to overcome internal and external obstacles to produce a good product. Julia provides invaluable insight into what it takes to become a Product Manager.
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Now let’s find a summary of this article and why you decided to read it, by answering the question …
To put it simply – a lot! Depending on the organization you work for, Product Management is one of the highest paying jobs in the corporate world. An Indian MBA graduate can earn an average basic salary of ₹ 15.2 lakhs per annum, excluding other salary components such as bonuses. But this is just an overview. How much do the top companies hiring Product Managers pay? What industries pay the most for Product Managers? How much does a Product Manager earn outside India in a country like USA?
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Below is the data, obtained from LinkedIn and compiled by the AltUni Team, which in 4 tables answers all the above questions to give a clear picture of the salaries earned by Product Managers in India and the United States.
Note that the salary data provided below is not filtered by educational qualification. Also note that this salary data is for the job title ‘Product Manager’. ‘Senior Product Manager’ and ‘Director of Product Management’ and so on are higher level roles that pay more than what a Product Manager earns in a year! You can do your own independent research on salaries for these positions using data from LinkedIn, Glassdoor, PayScale, and Indeed.com.
The top 5 companies offering the highest average basic salary for Product Management jobs are Flipkart, Myntra, Walmart, Amazon, and PayTM. These are all companies that regularly hire from India’s top MBA campuses; in fact, Amazon is one of the top recruiters right at the top business schools in India!
In these top 10 companies, a Product Manager can earn up to ₹ 38.00 lakh per annum and can expect to earn at least ₹ 16 lakh per annum as basic salary. This does not include the bonuses and perks usually offered by these top organizations.
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The table below also shows the various industries where companies want to hire PMs, including companies from the Hospitality, E-Commerce, Telecommunications, Aerospace, Architecture and IT sectors.
Common knowledge – tech companies hire PMs aggressively and as you can tell from the data above, they are also the best hires for the role. But did you know that Product Managers are also in demand (and well paid) in sectors such as Real Estate, Travel, Airlines, Architecture, etc.? PMs in the aviation industry reportedly earn an average basic salary of ₹ 24.00 lakh per annum, which can go up to ₹ 40.00 lakh per annum, according to ambitionbox.com.
At the entry level, Product Managers have reported earning an average basic salary of ₹ 12.00 lakhs per annum, rising to ₹ 25.00 lakhs per annum. The final salary figures, we suspect, are for top-tier MBA graduates + top-tier engineering/non-engineering graduates.
As expected, as you gain more work experience as a First Minister, you can expect a higher salary due to a raise. At this stage, it is also important to note that through additional recruiting or internal promotion, you can become a Senior Product Manager (or higher) and earn a larger base salary.
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Outside of India, the highest paying country for Product Managers is the United States; especially the San Francisco Bay area, aka Silicon Valley. Top Companies like Facebook, Google, Microsoft, Apple, EY, etc. headquarters in Silicon Valley pay Product Managers hundreds of thousands of American dollars.
Below is a list of the top 10 companies in the US based on the median base salary offered for PM roles.
Salary By October 2022, this equates to ₹ 1.5 crores per year, and this does not include the huge signing bonus and other perks that companies like Facebook offer to their employees.
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These Are The 10 Highest Paying Jobs At Google
This is one of our most popular programs and has been rated 4.6 out of 5 by participants! So here we are, with another batch of Advanced Product Management programs, designed and created by experts to help you maximize your chances of building your dream career in Product Management.
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Technical Program Managers play a critical role in leading and driving multi-disciplinary projects involving complex technical applications. From concept to implementation and delivery, the Program Manager works closely with the engineering team to ensure projects are completed.
If you’re preparing for a tech interview, check out our tech interview checklist, interview questions page, and salary negotiation e-book to prepare for your interview!
Types Of Product Managers In High Demand Right Now
Also, read Google Interview Questions and How hard it is to get a job at Google for specific insights and guidance on Google tech interviews.
Having trained over 6,000 software engineers, we know what it takes to ace the toughest technical interviews. Since 2014, Interview Kickstart alumni have received good offers from FAANG and Tier-1 technology companies, with an average salary increase of 49%. The highest bid received by an IK alumni was $933,000!
At IK, you will have the unique opportunity to learn from expert trainers who work with managers and technology leaders at Google, Facebook, Apple, and other Silicon Valley technology companies.
Technical Program Managers must have a broad spectrum of skills to meet the demands of their role. Here’s what a Program Manager at Google typically does:
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The table below lists Technical Program Manager salaries at Google at various levels. Google’s TPM starts at the standard layer level L3.
As it is clear from the table, when you advance in the tier level, the shares and bonus components of the salary also increase.
As you can see in the chart below, the pay for Technical Program Managers increases significantly as the number of years of experience increases.
Basic Salary: Basic salary is a fixed component of your salary. Basic components are independent of other components and increase as you reach higher levels.
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Stock Options: Google Technical Program Managers are offered stock options with a vesting period, usually up to 4 years. The vesting schedule for Google Restricted Stock Units is as follows:
Bonus: The bonus element is part of the total compensation and varies depending on the level of the tier. Senior positions at Google are offered with higher stock units.
If you want to start your interview preparation for the TPM role at Google, register for the free webinar. Technical Program Manager Interview
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