The median product line manager salary is reported to be around USD 85,000 per annum. Find out more about the duties and salary range in the write up presented below.
Product line managers play a significant role in the operations of a manufacturing company. Their main task is to make sure that the products in a particular segment meet the company’s sales and profit expectations. They need to be well versed in a wide range of fields, such as production, marketing, advertising, and related ones.
The primary responsibility of a product line manager, apart from leading and managing the human resource working under him, is to determine the demand and market requirements for a product. He has to do a thorough research on the products and their types, their demand in a specific market segment, productivity rate, sales figures, and even profitability. He makes sure that the product or service is easily made available to potential customers. In short, he is handed over the responsibility of overseeing the complete product-line life cycle. He also has to coordinate with teams from the manufacturing, sales, and advertising departments.
It is recorded that the average salary is somewhere around the USD 85,000 mark. Nevertheless, this figure varies greatly with a wide range of factors. The very first determinant of the pay range is years of experience. Those with one to four years of experience can expect a pay from around USD 45,000 to USD 76,000 per annum. With the total experience ranging from five to nine years, you can demand a yearly salary of USD 63,000 to USD 97,000. Product line managers working for 10 to 19 years in the field can expect to be paid anywhere between USD 70,500 and USD 118,000. If you have 20+ years of experience, you can be eligible for a package of USD 86,000 to USD 140,000.
Next criterion for the pay is the state where the professional is employed. It is reported that the highest paying state is California, with a pay scale of USD 85,000 to USD 139,000. On the other hand, these experts are paid the lowest in Ohio, with a yearly pay, scaling from USD 44,000 to USD 74,000. States like Minnesota and North Carolina have a per annum pay range of around USD 60,000 to USD 93,500. The salary in Massachusetts is high, but does not vary much, and ranges from USD 66,000 to USD 79,000 approximately. In Illinois, the income is USD 64,000 to USD 102,000; whereas in Texas, it is USD 72,000 to USD 100,500.
The pay also differs from city to city. For instance, San Jose has a pay range of a whopping USD 130,500 to USD 142,500; while in Cleveland, the salary is just around USD 44,000 to USD 71,000 per annum. The city of Houston has a decent pay scale of USD 85,000 to USD 110,000. The type of industry also matters for the salary scale. Those employed in the computer software and hardware field can get an annual income of USD 85,000 to USD 144,000. Similarly, product segment managers in the manufacturing and distribution industry can get a pay of USD 55,000 to USD 98,000. Remember that the income for these professionals may even depend on the type of employer.
Note that the salary ranges are approximate and are subject to change from time to time.