As of January 01, 2025, the average annual salary for a Product Manager IV in Indianapolis, IN is $149,756. Salary.com reports that pay typically ranges from $136,239 to $164,050, with most professionals earning between $123,933 and $177,064.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $168,602 | $14,050 | $3,242 | $81 |
| Average | $153,911 | $12,826 | $2,960 | $74 |
| 25th Percentile | $140,020 | $11,668 | $2,693 | $67 |
An entry-level Product Manager IV with under 1 year experience makes about $143,829. With less than 2 years of experience, a mid-level Product Manager IV makes around $144,408. After 2-4 years, the Product Manager IV pay rises to about $145,372. Those senior Product Manager IV with 5-8 years of experience earn roughly $146,721, and those Product Manager IV having 8 years or more experience are expected to earn about $152,428 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Manager IV | $143,829 |
| Intermediate Level Product Manager IV | $144,408 |
| Senior Level Product Manager IV | $145,372 |
| Specialist Level Product Manager IV | $146,721 |
| Expert Level Product Manager IV | $152,428 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 6% |
| Top Level | 5% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
B2B: B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).
| Skill | Salary | Demand |
|---|---|---|
|
Design Engineering
|
$163,234 |
9%
|
|
Partnering
|
$160,239 |
7%
|
|
Decision Making
|
$158,741 |
6%
|
|
Data Science
|
$157,244 |
5%
|
|
Influencing
|
$157,244 |
5%
|
|
Empathy
|
$155,746 |
4%
|
