SquishyMochi
SquishyMochi

Apt salary for Senior Product Manager ?

PM YOE: 6 Overall YOE: 8 CTC:32LPA ESOPS: 25lakhs

Unlikely to get hikes as hiring is frozen and market is bad so I’m stuck at this. Is this a fair compensation ? Should I be looking elsewhere (that is also proving challenging) ? Company is a startup. Up to answer any other questions

26mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
GoofyDumpling
GoofyDumpling

Is your product experience in very early stage start ups? Typically fixed should be north of 40 at this exp level

SquishyMochi
SquishyMochi

2 years at seed series, 2 years A/B stage. Rest at a greedy corporate

GoofyDumpling
GoofyDumpling

Indeed greedy corporation then, ask for a correction when it's the right time

FuzzyLlama
FuzzyLlama

I would say you are underpaid wrt 2021-22 hiring trends. Have seen fixed being upwards of 45LPA at this experience. But times have changed, PMs are under axe. So not sure what market ia like rn, still lot of scope for hike i would say.

QuirkyPotato
QuirkyPotato

Looks about fair. U can ask for more ESOPs in the current market situation. Fixed component will be tricky, unless you can show ur value to your manager

Discover more
Curated from across
Product Managers
by PeppyCupcakeProduct Manager

Being Underpaid as a PM ?

Fellow Product Managers. Looking to switch company as I believe I am being underpaid , wanted to understand current market compensation for following roles.

  • Product Manager
  • Senior Product Manager

Current job details

  • Product Mana...
Product Managers
by BubblyDonutDream 11

Underpaid Senior PM

I have 6.5 + YOE and have a CTC of 20L (fixed + bonus)

How do I achieve parity with regards to salary?

My next appraisal cycle is in March but obviously due to the economic conditions my company might not give me a great raise even th...