Product Management Salary Information 2009

1. Product Manager Salary Survey
October 2009
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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.
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3. Gender
The majority of Product Professionals surveyed are male (57.8%)
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4. Annual Salary
The median annual salary range for Product Professionals is
$101,000 to $120,000, inclusive of superannuation
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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.
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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.
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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.
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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
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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.
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10. Employment Status
The majority of Product Professionals work full-time (96.9%)
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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.
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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.
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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%)
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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.
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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
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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.
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17. Employment Location by State
The majority of Product Professionals surveyed are employed in the
State of New South Wales (76.6%)
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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.
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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.
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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%)
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21. Bonus Eligibility
The majority of Product Professionals are eligible for a bonus
(64.5%)
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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
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Showers

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
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