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Salary Insights – Senior Product Manager

  • Lauren Durfy
  • January 30, 2024

We were recently engaged by a client to conduct a search for a Senior Product Manager. Our client, a privately held property management company with revenues in the mid-seven figures, was undergoing a major digital transformation and was looking for their first product leader to usher in this major initiative.

We conducted a targeted search on their behalf, seeking an experienced Product Manager to drive a digital transformation and establish best practices.

We presented 5 candidates:

The MVP Magician – $200 Base + Equity

  • 9 years of experience in product management
  • 6+ years in proptech with an early stage high growth startup
  • Built MVPs and launched products from 0-1
  • Launched customer facing web and mobile apps
  • Drove customer acquisition and revenue attainment
  • Bachelor of Business Administration

The Conversion Queen – $130K Base + 10% Bonus

  • 10 years of experience in home services and B2B2C platforms
  • Drove product strategy for a D2C platform across 13 countries
  • Led product migration and improvement of product experiences
  • Experience driving product vision and strategies for Mobile apps
  • Expert at improving customer conversion rates
  • Bachelor’s of Computer Science

The Technical Titan – $175K Base

  • 6 years of experience in product management and product operations
  • Experience with enterprise product at various B2C SaaS startups
  • Owned the product roadmap and implemented strategies to drive scalability, product adoption, customer growth and product activation
  • Strong technical know-how
  • Bachelor of Arts

The Growth Guru – $190K Base + 25% Bonus + Stock Options

  • 5 years of experience in product management including, venture funded marketplaces and proptech
  • Experience building a product function from the ground up
  • Led the build/rebuild of web and mobile with design systems thinking
  • Experience driving team growth across technology and analytics
  • Bachelor of Engineering, Computer Engineering

The Hire

  • 6 years of industry experience and 4 years of product management experience within SaaS and D2C products
  • Built products from 0-1
  • Owned the roadmap, implementation and replatforming
  • Drove new product releases successfully crushing revenue targets and improving the tech stack
  • Bachelor of Engineering, Systems and Computer Engineering

To attract and land this candidate, our client offered a $160K Base + 20% Bonus.

As you can see, compensation for these candidates varies based on the length and scope of experience, as well as their ability to thrive in similar environments.

* * * * *

Is your organization building out its product team? Book a consultation with our friendly and knowledgeable team today—we live and breathe the product talent ecosystem and can help you understand the market for the talent you need.

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