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Product manager lead hiring summary. Here are some key points about hiring product managers lead in the United States:
Here's a step-by-step product manager lead hiring guide:
A product manager lead is responsible for supervising the development and strategic launch of the company's products from conceptualization to final market release. Product managers work closely with the marketing and sales team to identify efficient promotional techniques to enhance the brand's image across the market and develop outstanding features according to trends and public demands. They also handle media commitments and press releases and maximize product vision. A product manager lead directs the budgeting and sales forecasting, ensuring that the process adheres to budget limitations and deadlines.
The product manager lead hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A product manager lead's background is also an important factor in determining whether they'll be a good fit for the position. For example, product managers lead 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 presents product manager lead salaries for various positions.
| Type of Product Manager Lead | Description | Hourly rate |
|---|---|---|
| Product Manager Lead | 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. | $47-92 |
| Marketing Manager/Project Manager | A marketing manager/project manager oversees a company's marketing programs and projects, aiming to attract more customers and increase the brand value of a business, product, or service. They primarily perform market research and assessments to identify marketing trends and opportunities, gather and analyze data to generate business leads, study the consumer and competitors in the industry, and identify the weaknesses and strengths of existing marketing projects, utilizing information to enhance operations... Show more | $26-52 |
| Social Media Manager | Social media managers are responsible for representing the company's business through social media channels. They help the company grow by enhancing its presence via social networks... Show more | $24-47 |
Including a salary range in the product manager lead job description is a good way to get more applicants. A product manager lead salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a product manager lead in Kentucky may be lower than in California, and an entry-level engineer typically earns less than a senior-level product manager lead. Additionally, a product manager lead with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $171,876 | $83 |
| 2 | Oregon | $160,008 | $77 |
| 3 | Washington | $155,228 | $75 |
| 4 | District of Columbia | $144,533 | $69 |
| 5 | Massachusetts | $128,705 | $62 |
| 6 | Arizona | $124,063 | $60 |
| 7 | New York | $123,020 | $59 |
| 8 | Pennsylvania | $121,345 | $58 |
| 9 | New Jersey | $120,814 | $58 |
| 10 | North Carolina | $119,688 | $58 |
| 11 | Texas | $116,564 | $56 |
| 12 | Maine | $111,556 | $54 |
| 13 | Illinois | $110,830 | $53 |
| 14 | Minnesota | $110,566 | $53 |
| 15 | Ohio | $105,087 | $51 |
| 16 | Colorado | $103,782 | $50 |
| 17 | Wisconsin | $99,708 | $48 |
| 18 | Indiana | $98,144 | $47 |
| 19 | Missouri | $97,323 | $47 |
| 20 | Georgia | $97,226 | $47 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | The Walt Disney Company | $197,027 | $94.72 | 94 |
| 2 | Yelp | $195,339 | $93.91 | |
| 3 | Course Hero | $194,136 | $93.33 | |
| 4 | $194,086 | $93.31 | 324 | |
| 5 | eBay | $185,625 | $89.24 | 34 |
| 6 | TripActions | $179,689 | $86.39 | |
| 7 | Grubhub | $176,014 | $84.62 | 17 |
| 8 | PayPal | $174,007 | $83.66 | 29 |
| 9 | Microsoft | $169,813 | $81.64 | 111 |
| 10 | Quantcast | $166,498 | $80.05 | |
| 11 | MongoDB | $165,935 | $79.78 | 42 |
| 12 | Creative Artists Agency | $164,917 | $79.29 | 2 |
| 13 | Square | $164,513 | $79.09 | |
| 14 | Über | $164,401 | $79.04 | 118 |
| 15 | Cadre | $162,530 | $78.14 | 3 |
| 16 | Chime | $162,170 | $77.97 | 14 |
| 17 | Cohesity | $162,161 | $77.96 | 8 |
| 18 | AppLovin | $161,942 | $77.86 | |
| 19 | SeatGeek | $160,876 | $77.34 | 2 |
| 20 | Celtra | $159,843 | $76.85 | 1 |
A product manager lead 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. Below, you can find an example of a product manager lead job description:
To find the right product manager lead for your business, consider trying out a few different recruiting strategies:
Your first interview with product manager lead candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect product manager lead candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your 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.
To prepare for the new product manager lead 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.
Hiring a product manager lead comes with both the one-time cost per hire and ongoing costs. The cost of recruiting product managers lead involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of product manager lead recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $138,531 per year for a product manager lead, 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 product managers lead in the US typically range between $47 and $92 an hour.