Average Product Manager, with Product Management Skills Salary in Toronto, Ontario
The average annual salary of Product Manager, is $84,177.00
The starting salary of Product Manager, is between $53,924.00 and $63,440.00 whereas the maximum salary range is between $101,920.00 and $117,208.00.
|Minimum Annual Pay||Maximum Annual Pay|
- Currency : CAD
- Annual Salary : $84,177.00
- Weekly Pay : $1,572.00
- Fortnightly Salary : $3,143.00
- Monthly Salary : $6,810.00
Product Manager, Salary Comparison by Gender
This pie chart demonstrates the gender share for Product Manager,. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Product Manager, compared to female. Their involvement is 53% while of female is only 47%.
Salary Distribution Based on Years of Experience
The line graph shows Product Manager, salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Product Manager, having experience between 1-4 years, their salary is around $82,529.44.
Once the experience reaches 5-9 years Product Manager, salary would increase again to a total of $87,412.50, adding $4,883.06 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $94,355.98.
And finally, once the Product Manager, gains 20 years of experience or more, their salary would reach $113,412.82.
Prominent Skills Affecting Product Manager, Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Product Manager,'s salary. It clearly highlights the skills needed for a post of Product Manager, when hired by an employer.
The most vital skill expected of Product Manager, is Business Strategy which impacts the most than the rest of the skills indicated with a staggering 2% comparatively. Therefore, one’s salary would greatly depend on their skills in Business Strategy.
The skill least likely to affect one’s pay would be Strategic Planning with 1%. It can be said that Strategic Planning skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Product Manager,. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $81,652.00 whereas the highest earning is $108,588.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $108,588.00 at 29%. So to summerize, Early Career earns 3% less than the average salary, Mid Carrer earns 2% more than the average salary, Late Career earns 8% more than the average salary, Experienced earns 29% more than the average salary.