Product Lifecycle Manager Salary in Colombia
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How much does a Product Lifecycle Manager make in Colombia? The average Product Lifecycle Manager salary in Colombia is COL$185M as of April 08, 2021, but the range typically falls between COL$133M and COL$256M. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Product Lifecycle Manager Salary
Mastering key skills can significantly increase your earning potential as a Product Lifecycle Manager. According to Salary.com's Real-time Job Posting Data, expertise in Project Management can lead to a 5% salary raise, while strong Supply Chain skills boost pay by a 2%. Even Product Quality can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Supply Chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Product Quality
Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
More Skills...
Based on recent job listings, in-demand skills in the Product Lifecycle Manager field include Project Management (5%), Supply Chain (2%), Product Quality (1%), Design Engineering (1%), and Continuous Improvement (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| COL$195M |
Project Management
COL$195M
|
5%
|
|
| COL$189M |
Supply Chain
COL$189M
|
2%
|
|
| COL$187M |
Product Quality
COL$187M
|
1%
|
|
| COL$187M |
Design Engineering
COL$187M
|
1%
|
|
| COL$187M |
Continuous Improvement
COL$187M
|
1%
|
What does a Product Lifecycle Manager do?
Product Lifecycle Manager
Matamoros, MX
Today, product lifecycle management as a methodology has evolved to include a larger portion of the organization, including customer service, marketing, sales, suppliers and partner channels.
02/23/2021
Product Lifecycle Manager
Durango, MX
This central role is covered by numerous collaborative product development tools which run throughout the whole lifecycle and across organizations.
01/11/2021
Product Lifecycle Manager
Rotterdam, NL
This means they lead cross-functional teams from a product's conception all the way through to its launch.
01/07/2021
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About Colombia
The geography of Colombia is characterized by its six main natural regions that present their own unique characteristics, from the Andes mountain range region shared with Ecuador and Venezuela; the Pacific Coastal region shared with Panama and Ecuador; the Caribbean coastal region shared with Venezuela and Panama; the Llanos (plains) shared with Venezuela; the Amazon Rainforest region shared with Venezuela, Brazil, Peru and Ecuador; to the insular area, comprising islands in both the Atlantic and Pacific oceans. It shares its maritime limits with Costa Rica, Nicaragua, Honduras, Jamaica, Haiti...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Product Lifecycle Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Medellin, CO |
Compared to national average
|
Employees with Product Lifecycle Manager in their job title in Medellin, CO earn an average of 0.1% more than the national average.
Similar Jobs to Product Lifecycle Manager in Colombia
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| Job Title | Salary Range in COP |
|---|---|
| Job Title Manager of Technical Product Management |
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| Job Title Manager Product Research and Development |
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| Job Title Product Development Director |
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| Job Title Product Development Manager |
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| Job Title Product Development/Innovation Manager |
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Understand the base salary paid range for a Product Lifecycle Manager in Colombia
Average Base Salary
Core compensation
132690468
255570558
The chart shows the base salary for Product Lifecycle Manager ranges from COL$133M to COL$256M with the average base salary of COL$185M. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Product Lifecycle Manager may get paid difference by industry, location, and factors.
Product Lifecycle Manager Frequently Asked Questions in Colombia
What is the salary range for a Product Lifecycle Manager in Colombia? What is the average hourly rate?
The average salary for a Product Lifecycle Manager in Colombia is COL$185M per year. The salary range for a Product Lifecycle Manager is between COL$133M and COL$256M. While we are seeing hourly wages as high as COL$122,870 and as low as COL$63,793, the majority of Product Lifecycle Managers are currently paid an average of COL$89,159 in Colombia. The average salary pay range for a Product Lifecycle Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Product Lifecycle Manager in Colombia can differ based on any or all of these varying factors.
April 08, 2021
salary.com
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Why should you negotiate salary for a Product Lifecycle Manager role? What are effective negotiation strategies?
Most hiring managers in Colombia expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Product Lifecycle Manager position that you can in Colombia. This starting salary of the Product Lifecycle Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Product Lifecycle Manager position in Colombia, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
April 08, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for a Product Lifecycle Manager role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Product Lifecycle Manager in the Colombia can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Product Lifecycle Manager job in a large city of the Colombia may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Colombia also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Product Lifecycle Manager job is right for you.
April 08, 2021
salary.com
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Last Update: April 08, 2021