Product Manager Salaries in United Kingdom

The average salary for a Product Manager is £67,605 per year in United Kingdom. Salaries estimates are based on 11564 salaries submitted anonymously to Glassdoor by a Product Manager employees in United Kingdom.

The highest salary for a Product Manager in United Kingdom is £89,924 per year.

The lowest salary for a Product Manager in United Kingdom is £51,723 per year.

Although product manager salaries vary depending on experience, education, geography, industry, and firm, they generally earn a high salary after having completed a degree. This degree could be a bachelor's degree in business, economics, marketing or computer management. However, many project managers progress in the field via hands-on experience. Pay is expected to grow over the next decade, as digital transformation pushed new firms to develop complex products that benefit from skilled oversight.

To increase your earning potential as a Product Manager, there are several strategies you can use. One is to enhance your expertise through relevant certifications. The Product Management Professional (PMP) certification is a highly-renowned qualification that requires 4,500 hours of experience, demonstrating a high level of job-specific knowledge and on-the-job success. This can help to increase your chances of securing a higher salary as a Product Manager.

Another certification option is the Certified Product Marketing Manager offered by the Association of International Product Marketing & Management (AIPMM), which will enhance your professional reputation in the field.

If you really want to stand out from the crowd and further cement your reputation as a professional, consider pursuing a master's degree in product development or business management.

In a job as a product manager, good qualifications put you in a prime position to negotiate. The same applies to industry-recognised certifications and extensive experience in the field. If you've just received a job offer, use previous roles to demonstrate how your education, experience, and skills came into play while you were on the job. If you are looking to request a pay rise in your existing product manager job in an established position, aim to provide solid examples of how you work has contributed and exceeded expectations, and explain ways in which you have demonstrated excellent leadership skills with your product development team.

About 72.68% of Product Manager professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £6,844 in potential pay per year, among other factors, can qualify the annual pay of a Product Manager in United Kingdom as a good salary.

Product Manager professionals in United Kingdom have a wide total pay range, between £41,084 and £118,626 depending on experience, with an estimated total pay of £67,605 following the average career path of a Product Manager.