The salary of a Director of Product Management at a mid-sized startup can vary depending on a variety of factors, including location, size of the company and prior experience. Generally, a Director of Product Management can expect to make an average salary of $125,000 - $165,000 per year.
The following are some of the key factors that influence salary for a Director of Product Management at a mid-sized startup:
Location: Salaries for Product Management roles vary by geography. Generally, salaries for Product Management roles tend to be highest in tech and business hubs such as San Francisco, Los Angeles, New York City, Boston, Washington D.C., London, Berlin, and Singapore.
Experience: Experience plays a key role in the salary negotiation process. Director of Product Management roles typically require at least 5-10 years of product management experience. Those with more senior teams may have salaries ranging from $175,000 - $225,000 per year.
Size and Stage of Company: The size and stage of the company determine the size of the team and the resources available, which directly affects salaries. A Director of Product Management at a large, well-funded, late stage startup may command a higher salary than those at a smaller, early-stage startup.
In addition to a salary, many Director of Product Management roles also offer stock options and other benefits such as bonuses, healthcare, and retirement plans.
Ultimately, the salary of a Director of Product Management will depend heavily on each individual situation. It is important to research, network, and negotiate for the best possible salary.
For more information on the role of a Director of Product Management, please see this article from the Harvard Business Review: https://hbr.org/2018/10/what-is-a-director-of-product-management
