Microsoft Product Manager Salary

Microsoft was one of the first companies to popularize the product manager role in the tech industry. Now, Microsoft employs thousands of product managers globally across various products. Microsoft continues to offer competitive benefits and compensation to product managers, with a Microsoft product manager salary varying based on role level, location, and other factors. So, how much does a product manager at Microsoft make? Our salary negotiation team is here to help you figure that out.

With extensive experience negotiating hundreds of tech job offers, we provide insights based on real-world Microsoft salary negotiations and compensation research. In this guide, you'll find detailed information on Microsoft product manager levels, the components of a Microsoft product manager salary, and a breakdown of average Microsoft PM salary and total compensation packages by Microsoft PM levels and location.

Want to Negotiate Your Offer? Get offer-specific guidance from a Microsoft Salary Negotiation Coach. We help product managers negotiate competitive job offers.

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Microsoft follows suit with a tiered structure for its product management roles like that of most large tech companies. However, Microsoft PM leveling differs by including additional numbered tiers within each role level. These tiers designate your specific standing within Microsoft product manager levels and corresponds directly to your Microsoft PM salary range. For example, within a senior role like a Microsoft Senior PM or Microsoft Principal PM, there are sub-levels (such as Microsoft levels 65 and 66 for Microsoft Principal PM). This role level structure at Microsoft allows product managers to see compensation progression within a role without requiring a promotion to the next Microsoft product manager level.

Understanding the Microsoft product manager levels is important before interviewing and accepting an offer, as they influence your product management responsibilities, total compensation, and career trajectory within Microsoft. Microsoft determines the Microsoft PM levels based on a combination of factors, including years of experience, the scope of responsibilities, and the overall impact of the role.

In this section, we provide an overview of the Microsoft product manager levels to help you navigate their role levels. As a product manager at Microsoft, you’ll notice that the Microsoft PM levels don’t distinguish between the Individual Contributor (IC) and Manager career paths, unlike the Microsoft Software Engineer levels. Instead, the Microsoft PM level and title remain the same for PMs with your designation as an IC or manager depending on your specific responsibility. Below are the Microsoft product manager levels:

• Microsoft Product Manager 1 (Level 59)

• Microsoft Product Manager 1 (Level 60)

• Microsoft Product Manager 2 (Level 61)

• Microsoft Product Manager 2 (Level 62)

• Microsoft Senior Product Manager (Level 63)

• Microsoft Senior Product Manager (Level 64)

• Microsoft Principal Product Manager (Level 65)

• Microsoft Principal Product Manager (Level 66)

• Microsoft Group Product Manager (Level 67)

• Microsoft Partner Product Manager (Level 68)

In a Microsoft product manager salary package, you’ll find a few core compensation components. For more in-depth details from us on Microsoft’s compensation structure, you can check out our Microsoft Salary Negotiation and Product Manager Salary Negotiation articles. Below is a quick overview of what to expect before we cover the average compensation for Microsoft product manager salary.

Microsoft Base Salary

This is the fixed amount you’ll receive in each paycheck at Microsoft as an PM. There are set base salary ranges for each Microsoft product manager level and location.

Microsoft Performance Bonus

The performance bonus is a percentage of your base salary, determined by both individual and company performance. Depending on your Microsoft PM level, the target bonus percentage usually starts at 10% and goes up to 45% for higher level PM roles.

Microsoft Equity Package

Upon joining Microsoft as an PM, you'll receive an initial grant of Microsoft Restricted Stock Units (RSUs). These will vest over a four-year vesting period in equal increments, meaning you'll receive 25% of your RSUs each year at Microsoft.

Microsoft Sign-on Bonuses

Microsoft typically offers product managers a sign-on bonus in the first year. This one-time bonus serves as an incentive to join Microsoft or to compensate for any benefits or perks you may lose when leaving your current company.

Microsoft Stock Refreshers

These are annual Microsoft RSU stock grants that you may receive based on your annual product management performance review at Microsoft.

Microsoft has a set base salary and total compensation range for all Microsoft product manager levels. While Microsoft typically aims to pay new product managers within the lower to mid-range of these Microsoft PM salary bands, we’ve successfully negotiated Microsoft product manager salaries closer to the top end of each Microsoft product management salary range.

Below, we’ve listed the average Microsoft product manager salary across the Microsoft PM levels. Note that these figures are Microsoft PM salary averages based on our research and negotiation experience, and not the top end of the product manager at Microsoft salary bands. To identify and reach the top end of the Microsoft salary range and secure a competitive Microsoft product manager salary, we recommend working with a Microsoft Salary Negotiation Coach.

Microsoft Product Manager Salary (Level 59)

Here is the average compensation we’ve seen for a level 59 Microsoft product manager salary.

Microsoft PM Salary (Level 60)

Here is the average compensation we’ve seen for a level 60 Microsoft PM salary.

Microsoft Product Manager 2 Salary (Level 61)

Here is the average compensation we’ve seen for a level 61 Microsoft product manager 2 salary.

Microsoft PM 2 Salary (Level 62)

Here is the average compensation we’ve seen for a level 62 Microsoft PM 2 salary.

Microsoft Senior Product Manager Salary (Level 63)

Here is the average compensation we’ve seen for a level 63 Microsoft senior product manager salary.

Microsoft SR Product Manager Salary (Level 64)

Here is the average compensation we’ve seen for a level 64 Microsoft sr product manager salary.

Microsoft Principal Product Manager Salary (Level 65)

Here is the average compensation we’ve seen for a level 65 Microsoft principal product manager salary.

Microsoft Principal PM Salary (Level 66)

Here is the average compensation we’ve seen for a level 66 Microsoft principal PM salary.

Microsoft Group Product Manager Salary (Level 67)

Here is the average compensation we’ve seen for a level 67 Microsoft group product manager salary.

Microsoft Partner Product Manager Salary (Level 68)

Here is the average compensation we’ve seen for a level 68 Microsoft partner product manager salary.

Microsoft offers competitive pay for product managers, but salaries at Microsoft for PMs can vary significantly depending on the location. For example, a Microsoft product manager salary Seattle won't be the same as a Microsoft product manager salary in California, and a Microsoft PM salary in the UK will be different compensation than those in the US. As a large tech company, Microsoft closely monitors cost-of-living differences when setting their PM base salary and total compensation ranges.

Below, we’ve listed the average compensation for product managers in some of Microsoft's key hiring locations for the Microsoft senior product manager salary level (63). These figures are based on our research and negotiation experience and represent averages, not the top end of the Microsoft product manager salary bands. To identify and reach the top end of the Microsoft PM salary range and secure a competitive offer at Microsoft in your specific location, we recommend working with a Microsoft Salary Negotiation Coach.

Microsoft Product Manager Salary California

Here is the average compensation we’ve seen for Microsoft Product Manager Salary California.

Microsoft Product Manager Salary New York, NY

Here is the average compensation we’ve seen for Microsoft Product Manager Salary New York, NY.

Microsoft Product Manager Salary Seattle, Washington

Here is the average compensation we’ve seen for Microsoft Product Manager Salary Seattle, Washington.

Microsoft product manager salaries vary significantly across countries and non-US locations will have different pay rates. For example, a Microsoft product manager salary UK won't be the same as a Microsoft PM salary in Canada. It will also be lower than what Microsoft pays product managers in the US.

Below, we’ve listed the average compensation for product managers in some of Microsoft's key international hiring locations for the Microsoft principal product manager salary level (65). These figures are based on our research and negotiation experience and represent averages, not the top end of the Microsoft PM salary bands. To identify and reach the top end of the Microsoft product manager salary range and secure a competitive offer at Microsoft in Europe or Canada, we recommend working with a Microsoft Salary Negotiation Coach.

Microsoft Product Manager Salary London, UK

Here is the average compensation we’ve seen for Microsoft Product Manager Salary London, UK.

Microsoft Product Manager Salary Vancouver, Canada

Here is the average compensation we’ve seen for Microsoft Product Manager Salary Vancouver, Canada.

Increasing the pay in your job offer at Microsoft requires a deep understanding of their compensation philosophy and the right salary negotiation strategy. Our expert Microsoft Salary Negotiation Coaching will help you navigate the negotiation process and secure the top end of Microsoft’s PM pay band.