Product managers are responsible for designing and managing products from the initial idea to the market launch. They work closely with various departments, such as marketing, sales and development, to ensure that the products meet market needs and are successful. Their daily tasks include market analysis, planning product strategies and coordinating product development.
Product Manager Salary in Germany A product manager in Germany can earn an average annual gross salary of approximately €63,500. Salaries vary depending on professional experience, management responsibilities, and location. Professional Experience and Salary Entry-level salary: €58,006 per year with less than 3 years of experience. 3–6 years of experience: €61,465 per year. 7–9 years of experience: €66,162 per year. More than 9 years of experience: €82,186 per year. Location Dependency Large companies: Higher salaries in companies with more than 1,000 employees. Regional differences: Top salaries in Stuttgart, Frankfurt, and the IT industry. Average Salaries by City Stuttgart: €52,500 per year. Munich: €51,600 per year. Bonn: €50,400 per year. Cologne: €48,500 per year. Further Information Median: €6,292 gross per month for 40 hours per week. Lower quartile: €5,566 per month. Upper quartile: €7,112 per month. These figures provide an overview of the salaries of product managers in Germany and show that professional experience and location have a significant impact on salary.
A career as a product manager usually requires a degree in areas such as business administration, marketing, engineering or a related field. Many product managers also have additional qualifications or certificates in project management or product management.
Product managers have numerous career opportunities, both within companies and in various industries. With the right experience, they can rise to senior positions, such as Senior Product Manager or Head of Product Development. There are also opportunities in other areas such as marketing, sales or company management.