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Product management salary guide

Research UK Product Manager salaries with our salary guide. From permanent pay brackets to day rates for contract roles, we reveal the average salaries so you can effectively plan your talent strategies.

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Product Managers are searching for higher pay

According to the results of our Annual Pay & Hiring Report, 49% of Product Managers are searching for a new job to increase their earnings. While this isn’t as important as improved career prospects (51%), it shows the rising cost of living continues to impact career decisions. 

Reviewing your product management pay brackets against the market average will be key to retaining and attracting talent to your business. 

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Blue pie chart saying that 49% of product managers said pay is a key reason for a job search.

Product salaries

Job title
SalaryDay rate
Product Manager (1-3 years) 
£45,000 - £60,000£225 - £300
Product Manager (3-5 years)£70,000 - £95,000 
£350 - £450 
Senior Product Manager£85,000 - £120,000 
£450 - £600 
Product Lead / Group Product Manager£95,000 - £125,000 
£450 - £650
Head of Product
£90,000 - £130,000 
£450 - £800
Director of Product / VP of Product
£140,000 - £160,000 
£800 - £1,100 
Chief Product Officer 
£150,000 - £250,000 
£1,500 - £2,200+ 
Fractional CPO
£1,500 - £3,000 

Product design salaries

Job title
SalaryDay rate
Product Designer
£45,000 - £65,000 
£375 - £500 
Senior Product Designer 
£70,000 - £95,000 
£500 - £650 
Lead / Principal Product Designer 
£90,000 - £130,000 
£650 - £800 
Staff Product Designer 
£90,000 - £130,000 
£600 - £900 
Head of Product Design 
£100,000 - £150,000 
£700 - £1,000 
Product Design Director 
£130,000 - £250,000 
£750 - £1,200 

Download our Annual Pay & Hiring Report

For more information about the recruitment market and candidate expectations in 2026, download this year's report.

Meet our product recruiters

Our team of expert product recruiters have spent over a decade filling Product Manager roles with exceptional talent. Using their knowledge of the job market, they have built this salary guide to ensure you can attract the right hires to your business. 

Meet the team

For further guidance around product jobs or support with your recruitment needs, get in touch with the team.

Liz Hopkins, Senior Director

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FAQs

The average Product Manager salary in the UK usually sits between £50,000 - £80,000. According to Glassdoor, the Product Manager average salary is £57,000. However, this number does vary depending on industry, location, and candidate experience.  

For example, someone with 5 years of experience in a Product Manager job can expect to earn up to £95,000. Meanwhile, at the senior level, you can expect to earn up to £120,000. The highest salaries are commonly found in the technology industry, particularly FinTech and SaaS, compared to consumer-facing retail brands. As such, tech-concentrated cities, such as London or Manchester, also tend to have higher annual salary ranges. 

We highly recommend using a product salary guide from a specialist product recruiter, like 3Search, to get a clear understanding of what you should be paying. 

Yes, according to our data, Junior Product Managers in the United Kingdom are paid between £45,000 - £60,000. The national median pay for full-time workers is £39,039, meaning that you can quickly earn above the average UK wage in a product role.  

There’s also a wealth of opportunities to progress your career all the way through to C-suite product roles. Plus, with AI having an increasing impact on product jobs, we’re seeing the emergence of new job titles, such as the Product Builder. 

According to our data, a Head of Product earns between £90,000 - £130,000. If you’re hiring a contractor for the Head of Product role, you can expect to pay a day rate of £450 - £800.  

Responsible for leading the product management team, defining the product strategies and delivering the product roadmap, the ‘Head of’ is often the most senior role in a product team. However, with more businesses focusing on product-led growth, the Director and CPO job titles are becoming more common and more attainable. 

A significant 75% of product professionals are searching for a new role in 2026. The biggest motivators for a new role include: 

  • Improved career prospects (51%) 
  • Increased pay (49%) 
  • Better company culture (46%) 
  • A new challenge (35%) 
  • Promotion (20%)

It’s clear that Product Managers are searching for an improved working environment this year. Company culture is being assessed diligently, so making your employer brand accurate, accessible and attractive is key for talent attraction.  

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