I dive into the latest compensation data for product managers across the US, UK, Europe, and Canada, unpacking trends, surprising gaps, and strategies for maximizing your earnings as a PM. In this episode, you’ll learn: • Why senior ICs often out-earn managers, and how to pick the right path • How moving to a Tier 1 city can supercharge your salary • Cash versus equity: how to think about your comp tradeoffs • The career levels where PM salaries really take off • Why CPOs are cashing in like never before • How far behind UK and European PM salaries actually are • How to game your comp strategy based on your goals Referenced: • Pave: https://www.pave.com/ • Levels.fyi: https://www.levels.fyi/ Read the newsletter: https://www.lennysnewsletter.com/p/how-much-product-managers-make-in Subscribe to Lenny’s Newsletter: https://www.lennysnewsletter.com/subscribe Subscribe: • YouTube: https://www.youtube.com/@lennysreads • Apple: https://podcasts.apple.com/us/podcast/lennys-reads/id1810314693 • Spotify: https://open.spotify.com/show/0IIunA06qMtrcQLfypTooj?nd=1&dlsi=ab893d56bd4a4050 • Substack: https://lennysreads.com/ Follow Lenny: • Twitter: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ • Podcast: https://www.youtube.com/@lennyspodcast About: Welcome to Lenny’s Reads, where every week you’ll find a fresh audio version of my newsletter about building product, driving growth, and accelerating your career, read to you by the soothing voice of Lennybot. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe
