Key takeaways from the 2022 product makers salary survey report
Compensation in product is tricky and knowing where you are compared to peers can be helpful when evaluating your current compensation or even new opportunities.
What we’ve consistently heard from our product makers community is a need for clearer benchmarks and increased compensation transparency to help you make better decisions.
In 2022 (September 1 to November 30), we surveyed our community and other communities to gather insights into compensation and 607 people shared their input in our first-ever salary survey. We looked at factors such as company size, years of experience, job title, industry, and demographic and regional differences.
Key takeaways from the 2022 Product Makers Salary Survey report:
- Product pays well and is a career worth investing in
- Seniority and location can affect compensation, but there are trade-offs
- Collectively leaders and companies need to do more to level the compensation field and provide equity
- Choice of work location/model can impact compensation
- Salary is just one part of your overall compensation — stock options, bonuses, and cost of living should all factor into decisions
Download the full report to get all the details, key takeaways, and insights to help you in your next compensation discussion. And keep an eye out for our next survey in late 2023.