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Information technology product manager hiring summary. Here are some key points about hiring information technology product managers in the United States:
Here's a step-by-step information technology product manager hiring guide:
An information technology product manager is responsible for developing technical solutions for business requirements in meeting revenue goals and achieving the highest customer satisfaction. Information technology product managers conduct data and statistical analysis to determine current market trends and identify technology opportunities to monitor product activities and increase the brand's image to various market platforms. An information technology product manager evaluate the stability and efficiency of technological advancements to determine methods for product creation and optimization.
First, determine the employments status of the information technology product manager you need to hire. Certain information technology product manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them an information technology product manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an information technology product manager that fits the bill.
This list shows salaries for various types of information technology product managers.
| Type of Information Technology Product Manager | Description | Hourly rate |
|---|---|---|
| Information Technology 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. | $40-69 |
| 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 |
| Product Lead | A product lead is responsible for monitoring the development of new products and services of an organization, starting from brand conceptualization to official market release and distribution. Product leads identify effective product management by conducting data analysis and evaluating market statistics of customer demands... Show more | $41-78 |
Including a salary range in your information technology product manager job description helps attract top candidates to the position. An information technology 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 an information technology product manager in Montana may be lower than in California, and an entry-level information technology product manager usually earns less than a senior-level information technology product manager. Additionally, an information technology 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 | $137,325 | $66 |
| 2 | Washington | $117,326 | $56 |
| 3 | North Carolina | $116,421 | $56 |
| 4 | Arizona | $113,253 | $54 |
| 5 | Virginia | $112,957 | $54 |
| 6 | Massachusetts | $111,857 | $54 |
| 7 | New York | $109,842 | $53 |
| 8 | Texas | $104,347 | $50 |
| 9 | Connecticut | $102,890 | $49 |
| 10 | Illinois | $98,487 | $47 |
| 11 | Maryland | $97,816 | $47 |
| 12 | Minnesota | $97,602 | $47 |
| 13 | Indiana | $96,310 | $46 |
| 14 | Pennsylvania | $95,435 | $46 |
| 15 | Georgia | $94,528 | $45 |
| 16 | Wisconsin | $93,370 | $45 |
| 17 | Florida | $93,207 | $45 |
| 18 | Utah | $91,757 | $44 |
| 19 | Ohio | $90,805 | $44 |
| 20 | Michigan | $88,175 | $42 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cloudflare | $150,780 | $72.49 | 32 |
| 2 | $150,168 | $72.20 | 4 | |
| 3 | Lyft | $146,746 | $70.55 | 9 |
| 4 | Discovery | $142,313 | $68.42 | |
| 5 | Palo Alto Networks | $141,257 | $67.91 | 104 |
| 6 | Two Sigma | $141,112 | $67.84 | |
| 7 | Atlassian | $139,330 | $66.99 | 47 |
| 8 | Rubrik | $138,568 | $66.62 | 81 |
| 9 | Blue Apron | $138,334 | $66.51 | |
| 10 | Gap Inc. | $138,302 | $66.49 | |
| 11 | Citi | $135,029 | $64.92 | 53 |
| 12 | The TJX Companies | $130,531 | $62.76 | 10 |
| 13 | Five Below | $130,237 | $62.61 | 2 |
| 14 | Barclays | $129,541 | $62.28 | |
| 15 | JCPenney | $129,324 | $62.17 | 2 |
| 16 | Williams Sonoma | $125,769 | $60.47 | 5 |
| 17 | Dunkin Brands | $124,037 | $59.63 | |
| 18 | Electronic Arts | $123,100 | $59.18 | 1 |
| 19 | Shaw Industries | $122,789 | $59.03 | 1 |
| 20 | Invitae | $121,647 | $58.48 |
An information technology product manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of an information technology product manager job description:
To find information technology product managers for your business, try out a few different recruiting strategies:
During your first interview to recruit information technology product managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best information technology 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 good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new information technology product manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting information technology product managers involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $110,880 per year for an information technology 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 information technology product managers in the US typically range between $40 and $69 an hour.