- Junior PM / Associate PM
- Mid-Level PM (3–5 years)
- Senior PM / Group PM
- Director of Product and VP of Product
- Skills in Demand
Product management as a discipline has matured significantly in Europe over the past decade. Salaries now rival engineering in many companies, particularly at senior and Principal PM level.
Junior PM / Associate PM
Entry-level PM roles in Europe: €45,000–€60,000 in Germany and Netherlands; £45,000–£60,000 in London; CHF 85,000–100,000 in Switzerland.
Mid-Level PM (3–5 years)
€65,000–€90,000 in Germany/Netherlands. £70,000–£95,000 in London. The range widened in 2024 as top-performing PMs increasingly command equity-heavy packages at scale-ups.
Senior PM / Group PM
Senior PMs at mature tech companies: €90,000–€130,000 in Germany/Netherlands, £95,000–£140,000 in London. Swiss rates run 20–30% higher in nominal terms.
Director of Product and VP of Product
VP/CPO-track roles reach £150,000–£250,000 in London with equity. German equivalents run €120,000–€180,000, typically with lower equity-to-base ratios than the UK or US market.
Skills in Demand
Analytics (SQL, Amplitude, Mixpanel), user research, A/B testing experience, and AI/LLM product experience are driving premiums. Mobile-first product experience commands a 10–15% premium over web-only PMs.
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