Product Managers working in London earn normally around 57,500 GBP per year and most of the Product Manager salaries are between 42,500 GBP and 87,500 GBP per year.
London ranks 2. when it comes to the average salary of a Product Manager in the UK. (Belfast is on the 1st place).
If you earn less than 42,500 GBP then it might be the time to speak with your boss to get a raise or to look for a new Product Manager job in London.
If you want to check the stats for a different technology or city, select it below (not all options have enough data yet):
| Market Percentile | salary |
|---|---|
| top 10% of market | 87,500 GBP |
| top 25% of market | 80,000 GBP |
| average salary | 64,300 GBP |
| median salary | 57,500 GBP |
| bottom 25% of market | 50,000 GBP |
| bottom 10% of market | 42,500 GBP |
The average salary for Product Managers in London is 64,300 GBP per year, while the median salary is 57,500 GBP per year - where does the difference between average and median come from?
The average salary is calculated as the sum of all salaries divided by the number of them. The median salary is the one that the typical Product Manager earns, which means, exactly 50% earn more than 57,500 GBP and 50% earn less than this.
The difference occurs because often there are a few very high outlier salaries, which drag the average salary value up. Therefore, if you compare your salary to the market, it is better to look at the median value.
The top 25% best earning Product Managers earn more than 80,000 GBP per year and the top 10% reach over 87,500 GBP, which is quite a nice compensation and something to strive for.
At the same time, 25% of the lowest earning Product Managers earn less than 50,000 GBP per year and 10% earn less than 42,500 GBP.
You have to be aware that the salaries for Product Managers can vary a lot in different cities. This page shows the salaries in London, but you can select a different city below:
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