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Group product manager hiring summary. Here are some key points about hiring group product managers in the United States:
Here's a step-by-step group product manager hiring guide:
A group product manager is responsible for leading teams on product development procedures according to business requirements and specifications, improving the brand image in the market, and generating revenues and profits out of sales performance. Group product managers strategize promotional techniques and marketing materials to advertise the product on various platforms and reach the target audience. A group product manager coordinates with the clients and senior product manager for progress updates, cost analysis, and adjusting business plans as needed.
First, determine the employments status of the group product manager you need to hire. Certain group product manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A group product manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, group product managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of group product managers.
| Type of Group Product Manager | Description | Hourly rate |
|---|---|---|
| Group Product Manager | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $53-102 |
| Web Manager | Web Managers are responsible for managing websites for organizations. Their duties include managing website upgrades, testing for website performance, implement a strategy to increase web traffic and subscribers, troubleshooting website issues, and responding to security breaches... Show more | $25-60 |
| Media Manager | Media managers oversee the department that works on the different communication needs of the company. They execute the communications strategies of the company... Show more | $31-67 |
Including a salary range in your group product manager job description helps attract top candidates to the position. A group product manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a group product manager in Oklahoma may be lower than in California, and an entry-level group product manager usually earns less than a senior-level group product manager. Additionally, a group product manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $192,692 | $93 |
| 2 | Washington | $178,067 | $86 |
| 3 | Oregon | $169,788 | $82 |
| 4 | Alaska | $162,128 | $78 |
| 5 | Ohio | $157,456 | $76 |
| 6 | Nevada | $156,173 | $75 |
| 7 | North Dakota | $154,761 | $74 |
| 8 | Arizona | $150,900 | $73 |
| 9 | New York | $149,396 | $72 |
| 10 | Hawaii | $145,455 | $70 |
| 11 | Virginia | $144,084 | $69 |
| 12 | Massachusetts | $141,300 | $68 |
| 13 | Maryland | $140,591 | $68 |
| 14 | Utah | $138,685 | $67 |
| 15 | Colorado | $137,279 | $66 |
| 16 | New Mexico | $136,179 | $65 |
| 17 | Texas | $134,862 | $65 |
| 18 | Missouri | $128,285 | $62 |
| 19 | Indiana | $127,287 | $61 |
| 20 | District of Columbia | $121,272 | $58 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $229,437 | $110.31 | 456 |
| 2 | $227,834 | $109.54 | 476 | |
| 3 | Yelp | $215,649 | $103.68 | 1 |
| 4 | PayPal | $215,296 | $103.51 | 93 |
| 5 | Crunchbase | $215,257 | $103.49 | |
| 6 | Pure Storage | $210,481 | $101.19 | 14 |
| 7 | VMware | $206,669 | $99.36 | 1 |
| 8 | Okta | $205,154 | $98.63 | 33 |
| 9 | Uber Technologies | $204,414 | $98.28 | |
| 10 | Genentech | $198,382 | $95.38 | 48 |
| 11 | Etsy | $198,317 | $95.34 | 14 |
| 12 | $194,555 | $93.54 | 29 | |
| 13 | Course Hero | $193,717 | $93.13 | |
| 14 | Box | $193,638 | $93.10 | 12 |
| 15 | Atlassian | $193,457 | $93.01 | 29 |
| 16 | Intuitive Surgical | $192,912 | $92.75 | 11 |
| 17 | Coinbase | $192,808 | $92.70 | 952 |
| 18 | Castlight Health | $191,538 | $92.09 | |
| 19 | Intuit | $190,293 | $91.49 | 211 |
| 20 | Match Group | $188,898 | $90.82 | 29 |
A good group product manager job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a group product manager job description:
There are various strategies that you can use to find the right group product manager for your business:
To successfully recruit group product managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best group product manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
After that, you can create an onboarding schedule for a new group product manager. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Before you start to hire group product managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire group product managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $155,050 per year for a group product manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for group product managers in the US typically range between $53 and $102 an hour.