Salary Survey

For years, we observed unwarranted differences and disparity of compensation packages across Colorado’s product management community and in 2019 we decided to take a closer look. In doing so, we hoped to shine a light on these differences to help eliminate biases, support equal pay by gender and race, and empower community members to better negotiate fair compensation. The transparency of our salary survey makes the entire community stronger and helps ensure Product community members are paid fairly and equitably for their work.

2024 Salary Survey Report

Analysis

Colorado Product Foundation conducts an annual survey across hundreds of Product community members. With this data, we perform a thorough analysis of the community and compensation levels across a variety of important dimensions, including:

Community makeup across Gender, Race, Age, Company size, Title, Experience, Product type, Education, Vacation/PTO, Benefits, Compensation type, Leadership, Growth, Burnout
Comparisons by Gender and Race
Comparisons by Company size
Comparisons by Role & Title
Comparison by Experience
Comparison by Tenure
Comparisons by Education
Year to Year comparisons (and vs. inflation)

Past Surveys

The salary survey transformed my salary negotiations. I think I, like many others in the field, have suffered from imposter syndrome a bit. The salary survey helped me see that the skill set I have is valuable and reminded me that I should negotiate based on that value. I’ve now successfully negotiated a raise at two different companies based on data from the salary survey. Most recently I was able to negotiate an 18% increase in base salary and a 40% increase in total compensation at a new role.

I want others to know that the numbers they see in the surveys are attainable. For a long time, I felt like there was no way I could ask for the average PM or Sr PM salary. Why would anyone pay me to have that much fun in a job that I love? And that was silly.

Skye BacusSenior PM, Brandfolder

Colorado Product publishes an annual salary survey that details current compensation levels of Product professionals broken down by role, seniority, gender, race, and more. Because one question asks if respondents’ companies were based in Colorado, I was able to share the survey with my company as an unbiased source of local salary data for peers in the same role. The data clearly showed my salary was behind that of my peers and this spring I used it to negotiate an 18% salary increase. It would not have been that high without the CP salary survey!

AnonymousProduct Manager