Chief Product Team 
Let us now consider the Chief of Product salary in this post. So, scroll down to learn more about the topic.
Introduction
The Chief of Product is one of the most senior level roles in a technology-based company. In other words, it is the highest level job in the product management category. The Chief of Product is responsible for creating and overseeing the development of products, which is a vital part of every company’s operation. The role is also responsible for managing projects, teams, and technology resources.
Chief of Product Salary
Being a Chief of Product is considered one of the most lucrative jobs in the current job market. According to Glassdoor, the median salary for a Chief of Product in San Francisco is $165,000. This includes both base pay and other forms of compensation.
According to Indeed, the median salary for a Chief of Product in San Francisco is $170,000. This includes both base pay and other forms of compensation.
Chief of Product Salary in Top Tech Companies
Some of the top tech companies in the US have a Chief of Product role. Some of these companies are demanding a salary that reaches up to $500,000 per year. Let’s take a look at a few examples:
- Facebook: $400,000 – $550,000
- LinkedIn: $175,000 – $250,000
- Twitter: $350,000 – $500,000
- Microsoft: $250,000 – $350,000
These figures are the highest amounts that an individual will earn as a Chief of Product. However, the salary can reach up to half a million dollars. The actual salary that an individual will earn will depend on various factors such as experience, job performance, and project success rate.
Chief of Product Salary by Location and Company Size
The Chief of Product salary also depends on the location where he or she is working. Several factors contribute towards establishing the location-based salary for this role. For example, tech hubs like Silicon Valley and New York City tend to offer the highest salaries for this role. In general, smaller cities such as Boston and Austin are also offering higher salaries compared to other locations.
Whether you are working in a large or small company can also determine your salary range as a Chief of Product. Smaller companies generally offer higher salaries because they do not have as many budget constraints as larger firms do.
As mentioned earlier, product management is one of the most important functions in an organization today. Hence small companies will be more willing to pay high salaries to attract talented individuals in this role.
Chief of Product Salary by Industry
There are numerous types of industries where companies employ a Chief of Product role including technology-based industries such as information technology (IT) and computer software firms. Other types of industries that hire this position include banking/finance and healthcare firms as well as non-tech sectors such as retail and manufacturing industries.
The following provides an overview of the average Chief of Product salary ranges for several industries:
- Industry Average Annual Salary
- Information Technology (IT) $143,591
- Computer Software $134,819
- Banking/Finance $134,149
- Healthcare $129,609
- Retail $127,979
- Manufacturing $116,512
To Conclude
Chief of Product is one of the most sought-after jobs today. The job comes with a very lucrative salary, which is one of the main reasons why many people are attracted to it. However, not everyone can get the job, as companies are looking for individuals who have in-depth knowledge about product management and have proven track records in this field.
If you are one of those individuals who would like to become a Chief of Product, then you should work on developing your skills and expertise in the product management field. This will help you stand out in the job market and give you an edge over other candidates who are trying to land this role!
