Got a pmp, acp and a safe popm along with a MBA with over 5 years plus experience in business and only getting paid 110k. Am I underpaid as a product owner? I’m looking to transition into a product manager role but what salary on average should I aim for working in NYC?

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Posting as :
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Certs don’t mean much in terms of how qualified you are or how much you should be paid

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Because anyone can claim work ethic…product managers have the expectation to deliver. It’s a competitive role. I’m going to choose someone who’s proven themselves, not someone who says they will.

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MBA is not important unless it’s from a top university. Certifications also not that important. It all depends on your years of experience and type of company. If you think you can make more, you should apply to other jobs. NYC posts salaries in job descriptions.

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How long have you had your pmp

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It depends by company, industry, department… go to levels.fyi

And search away

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Nice

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Post for others to find out but be grateful you have a job at all in this market.

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What’s going on with the market now specifically?

Typically certs and degrees help get you in the door, but you generally aren’t going to make more than someone else working the same role with similar levels of experience.

$110k for a Product Manager seems right on par for the rest of the country - maybe a little light for NYC.

If you’re not happy with the pay and can’t find anything higher in your area, you might consider either 1) relocating to a lower cost of living area, or 2) looking for a new role in the same industry. Maybe Project or Program management? Having responsibility over P&L seems to come with higher compensation in my experience.

What products have you launched? What businesses have you started? What experience do you have working on product? Why do you think you qualify to be a product manager?

One, product management jobs market is super competitive because it pays well. Because you are a product owner, doesn’t mean you will qualify to be a product manager.

PMP and anything related to safe is not something I’d look for in a product manager. MBA - good to have.

With 5 years, you seem on par with your salary very broadly speaking.

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