As of December 01, 2024, the average annual pay of Product Management Manager in Laramie, WY is $143,198. While Salary.com is seeing that Product Management Manager salary in Laramie, WY can go up to $168,890 or down to $115,574, but most earn between $128,738 and $156,646. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Product Management Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $167,000 | $13,917 | $3,212 | $80 |
| Average | $152,663 | $12,722 | $2,936 | $73 |
| 25th Percentile | $137,248 | $11,437 | $2,639 | $66 |
An entry-level Product Management Manager with under 1 year experience makes about $137,710. With less than 2 years of experience, a mid-level Product Management Manager makes around $140,286. After 2-4 years, the Product Management Manager pay rises to about $142,833. Those senior Product Management Manager with 5-8 years of experience earn roughly $145,828, and those Product Management Manager having 8 years or more experience are expected to earn about $147,425 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Management Manager | $137,710 |
| Intermediate Level Product Management Manager | $140,286 |
| Senior Level Product Management Manager | $142,833 |
| Specialist Level Product Management Manager | $145,828 |
| Expert Level Product Management Manager | $147,425 |
| Entry Level | 10% |
| Mid Level | 8% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 3% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
Software Development: Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components. Software development is a process of writing and maintaining the source code, but in a broader sense, it includes all that is involved between the conception of the desired software through to the final manifestation of the software, sometimes in a planned and structured process. Therefore, software development may include research, new development, prototyping, modification, reuse, re-engineering, maintenance, or any other activities that result in software products. Software can be developed for a variety of purposes, the three most common being to meet specific needs of a specific client/business (the case with custom software), to meet a perceived need of some set of potential users (the case with commercial and open source software), or for personal use (e.g. a scientist may write software to automate a mundane task). Embedded software development, that is, the development of embedded software, such as used for controlling consumer products, requires the development process to be integrated with the development of the controlled physical product. System software underlies applications and the programming process itself, and is often developed separately.
User Stories: In software development and product management, a user story is an informal, natural language description of one or more features of a software system. User stories are often written from the perspective of an end user or user of a system. They are often recorded on index cards, on Post-it notes, or in project management software. Depending on the project, user stories may be written by various stakeholders including clients, users, managers or development team members. User stories are a type of boundary object. They facilitate sensemaking and communication; that is, they help software teams organize their understanding of the system and its context. User stories are often confused with system requirements. A requirement is a formal description of need; a user story is an informal description of a feature.
| Skill | Salary | Demand |
|---|---|---|
|
Business Model
|
$147,494 |
3%
|
|
Big Data
|
$147,494 |
3%
|
|
Legal Compliance
|
$147,494 |
3%
|
|
Risk Management
|
$147,494 |
3%
|
|
Influencing
|
$146,062 |
2%
|
|
User Research
|
$146,062 |
2%
|
