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Search Salaries > Product Manager > Chicago

How much does a Product Manager in Chicago make?

The base salary for a Product Manager in Chicago is 155,800
Also known as: product manager, product development manager, research and development manager, product marketing manager, product developer.

155,800

Median Base Salary (Percentile 50)
2278 observations
(Updated: 13 Apr 2024)

Confidence

Excellent

Avg. Bonus per year

Of avg. Stock options

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Salary Table

A Product Manager earns a median base salary of 155,800 in Chicago, but the base salary ...

Level Below median
(25th percentile)
Market median
(50th percentile)
Above median
(75th percentile)
Top Competitive
(90th percentile)
Junior 60000 60000 60000 60000
Mid 60000 60000 60000 60000
Senior 60000 60000 60000 60000
Lead 60000 60000 60000 60000
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Bonus & Stock options

The role Product Manager in Chicago usually comes with bonuses and the possibility of accessing stock options. Both must be added to ...

Level Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000
Experience Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000

Supply and demand

Highly supplied position in a highly demanded market
Supply | (<100 professionals)
Demand | (<100 job offers)

Gender gap

Unbalanced

Male

63%

Female

37%

Benefits

There are statutory benefits associated with a Product Manager in Chicago according to ...

Most Common Benefits

Competitive advantages associated with a Product Manager in Chicago
An equal opportunity employer ensures a diverse and inclusive workplace where all employees have equal access to opportunities and resources, regardless of their background. This approach fosters innovation and improves the organization's ability to serve diverse clients effectively.
Health insurance provides employees and their families with access to essential healthcare services, including medical, dental, and vision coverage. It ensures well-being and financial security by covering healthcare costs and promoting overall health.

Side Benefits to attract & retain talent

Additional perks for a Product Manager in Chicago

Statutory Benefits

Mandatory benefits in Chicago
Employer payroll contributions include Unemployment Insurance (State), Unemployment - New Employer (State), FICA Social Security (Federal), FICA Medicare (Federal), FUTA (Federal Unemployment Tax Act), and Additional tax on earnings over 200,000 USD.
The minimum wage in Illinois is 14.00 USD per hour.
Employee payroll contributions include FICA Social Security (Federal), FICA Medicare (Federal), and Additional tax on earnings over 200,000 USD.
In Illinois, the workweek is a maximum of 40 hours per week or 8 hours per day. Overtime is paid at 150% of the regular pay.
Foreign nationals require a work visa to work in the United States. Various visa types include H-1B, H-2A, H-2B, L, and O visas.
Federal tax rates for singles, married filing jointly, and heads of households - 37%. Flat rate for singles and married couples filing jointly - 4.95%.
Employers with more than 16 employees must provide one hour of paid sick leave for every 30 hours worked, up to 48 hours. Chicago and Cook County have different regulations.
Common public holidays include New Year’s Day, Martin Luther King Jr. Day, Presidents Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, and Christmas Day, totaling 12 days a year.
Illinois employers must provide employees with up to 40 hours of paid time off during a 12-month period for any reason, effective 1 January 2024.
Employment is "at will," meaning either party can terminate the employment relationship without notice. The Worker Adjustment and Retraining Notification Act (WARN) applies for mass dismissals.