#Product manager salary chicago how to#
#Product manager salary chicago full#
#Product manager salary chicago professional#

Analytics skills should be considered a core competency of the role. Leveling up your product analytics skills is crucial to understanding what drives retention, conversion, and engagement-the building blocks of every successful digital product.

#Product manager salary chicago how to#

ItвЂ™s important enough that weвЂ™ll say it twice: product managers who know how to use any product analytics tool earn 14% more, on average, and 17% more if they are skilled in Amplitude. That said, 55% of product professionals know SQL, and 25% know Python.ДЇamiliarity with product analytics is much more widespread: 95% of survey respondents have experience using at least one product analytics tool. Again, you donвЂ™t need to be highly technical to succeed in product. But 38% of respondents in our study donвЂ™t know any coding languages at all. What Coding Languages and Analytics Tools Do Product Managers Use?ДЄ common product management myth is that you have to know how to code. We created a salary calculator that allows you to plug in your city, experience levels, and other factors and see how much you could be earning. But when you consider that empathy and collaboration are key aspects of product management, the connection is clear.ДЄnother key finding: Product professionals who are skilled in one or more analytics platforms can make 14% more, on average-and can potentially make 17% more if they are skilled in Amplitude.

#Product manager salary chicago professional#

Please note that mileage may vary: Our analysis does not include factors such as benefits and equity, in other words, the total rewards package a company could offer a product professional.Дepending on where a product professional lives, compensation can fluctuate by a few thousand dollars or up to $40k.ДЄfter reviewing how education impacts salary levels, what stood out was that humanities majors rank high-and even higher than business majors.

A number of factors influence that number: job title, years of experience, geography, and skill set, for example. That ranks #23 on the list of highest paying occupations that the BLS tracks. What is a Product ManagerвЂ™s Earning Potential?ДЄccording to our findings, the average annual salary for a product management professional is $147,680 before taxes. While there are lots of product opportunities in the San Francisco area, product professionals can be found in plenty of other metropolitan areas, including New York, Los Angeles, Seattle, Boston, Chicago, and Denver. However, 61% have at least half of their career experience in product.

#Product manager salary chicago full#

Only 12% of survey respondents are вЂњproduct lifers,вЂќ having spent their full careers in product. You also donвЂ™t have to build your career entirely within the product industry. The fact that humanities and social sciences are common majors busts the myth that you have to have a highly technical background to go into product management. The most common majors we see are business (23%), computer science/engineering (15%), social sciences (15%), other engineering (12%), and humanities (10%). In our survey, the median executive product professional is 41 years old, while the median C-level executive in the overall workforce is 51. The median age of a product professional in the United States is 33, while the median age of the overall U.S. To get a sense of the product management cohort, we surveyed where product professionals live and what their educational backgrounds, ages, skill sets, and years of experience are. Who Are Product Management Professionals? With this information, product professionals can benchmark their compensation levels, and businesses can build effective teams that attract the best product talent. We found that product is an attractive role, and for many professionals, itвЂ™s the logical next step to accelerate their career. With the help of our partner Product School, we surveyed over 1,500 product management professionals to fill in the gaps. Bureau of Labor Statistics (BLS), which tracks over 1,000 occupations, isnвЂ™t even clocking product management as a career path. They are the frontline in an enterpriseвЂ™s leap to digital-first.Д«ut there isnвЂ™t much data about these professionals-how much they make, where they live, what they look for in an employer. Some even say we are in the вЂњ golden ageвЂќ of product management. Product managers make our essential, everyday digital products possible.