Product Managers working in the UK earn normally around £57,500 per year and most of the Product Manager salaries are between £40,000 and £87,500 per year.
If you earn less than £40,000 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 the UK.
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 |
| top 25% of market | £75,000 |
| average salary | £62,400 |
| median salary | £57,500 |
| bottom 25% of market | £50,000 |
| bottom 10% of market | £40,000 |
The average salary for Product Managers in the UK is £62,400 per year, while the median salary is £57,500 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 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 £75,000 per year and the top 10% reach over £87,500, 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 per year and 10% earn less than £40,000.
You have to be aware that the salaries for Product Managers can vary a lot in different cities. This page shows the salaries in the UK, but you can select a different city below:
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