A position at the nexus of product development and technology is that of a technical product manager. From conception through launch, technical product managers are in charge of directing the development and use of technology products. To make sure that the product is satisfying the needs of the company and the customer, a technical product manager often collaborates closely with cross-functional teams from the product development, engineering, design, sales, and marketing departments. In addition to setting the product vision and working with the engineering team to determine the priority of features and technical needs, they are in charge of developing and managing the product roadmap. Let us know What are the ‘Salaries For Technical Program Manager’.
Wages for technical program managers vary depending on criteria such as geography, experience, organization size, and industry. The national average pay for a technical program manager in the US, though, is reportedly around $118,000 per year, according to Glassdoor. Managers with less than ten years of experience can expect to make roughly $81,000 annually, while those with more than ten years of experience can make up to $165,000 annually. Technical program managers in specific businesses such as software development, aerospace, and defense can earn even greater wages.
Salaries For Technical Program Manager
There are different types of Technical Program Managers (TPMs) that can be found in various industries, each with their own set of responsibilities and salary ranges. Here are some of the most common types of TPM roles and their average salaries:
- Software Technical Program Manager (TPM): These TPMs are responsible for managing the development and delivery of software products. They work closely with cross-functional teams to ensure that the software product meets business and customer needs. The average salary for a Software TPM is around $136,000 per year, according to Glassdoor.
- Hardware Technical Program Manager (TPM): These TPMs oversee the development and delivery of hardware products such as computer servers, networking devices, and consumer electronics. They work closely with engineering teams to ensure that the hardware product meets technical specifications and quality standards. The average salary for a Hardware TPM is around $126,000 per year, according to Glassdoor.
- Cloud Technical Program Manager (TPM): These TPMs are responsible for managing the development and delivery of cloud-based products and services. They work closely with cross-functional teams to ensure that the cloud product meets business and customer needs, as well as technical requirements such as scalability, reliability, and security. The average salary for a Cloud TPM is around $133,000 per year, according to Glassdoor.
- Infrastructure Technical Program Manager (TPM): These TPMs manage the development and delivery of infrastructure projects such as data center build-outs, network upgrades, and system migrations. They work closely with cross-functional teams to ensure that the infrastructure project meets technical requirements and timelines. The average salary for an Infrastructure TPM is around $137,000 per year, according to Glassdoor.
- Security Technical Program Manager (TPM): These TPMs manage the development and delivery of security projects such as identity and access management, data protection, and security compliance. They work closely with cross-functional teams to ensure that the security project meets technical requirements and compliance standards. The average salary for a Security TPM is around $146,000 per year, according to Glassdoor.
Variations In Salaries As Per Factors And States In USA
Technical Program Managers (TPMs) are paid differently in different states across the US depending on a number of variables including cost of living, employment demand, industry specialisation, and talent competitiveness. The following are a few of the major variables that can impact TPM salaries by state:
- Cost of Living: To make up for the greater costs of living, states with higher costs of living, like California and New York, typically provide higher TPM wages. According to Glassdoor, the average TPM income in Texas is about $119,000 per year, while the average TPM pay in California is almost $142,000 per year.
- Job Demand: To entice and keep top people, states with a high demand for technical talent, like Massachusetts and California, may raise TPM wages. According to Glassdoor, the average TPM income in Massachusetts is approximately $135,000 per year, while the average TPM pay in Florida is approximately $107,000 per year.
- Industry Concentration: Due to the fierce rivalry for personnel in these sectors, states with a large concentration of technology companies, like California and Washington, may offer higher TPM wages. According to Glassdoor, the average TPM income in Georgia is about $111,000 per year, while the average TPM pay in Washington is roughly $139,000.
- Business Size: Due to the breadth and complexity of their technical initiatives, larger companies may offer greater TPM salaries than smaller ones. For example, the average TPM compensation at Google is roughly $176,000 per year, whereas the average TPM income at a smaller company such as Drop box is around $141,000 per year, according to Glassdoor.
- Overall, a variety of factors like geography, industry, and employer can have a substantial impact on the TPM wage variance by state. Researching salaries in your particular location and industry is always a smart idea. You should then negotiate your pay based on your individual skills and expertise.
Conclusion
Now We’ve learnt about ‘Salaries For Technical Program Manager’, In conclusion, Technical Program Managers are essential to the management of technical project creation and execution. Technical program managers’ pay might vary depending on their amount of expertise, region, industry, and the type of TPM function they hold. Three popular categories of TPM roles are software technical program managers, hardware technical program managers, and infrastructure technical program managers. Depending on a number of variables, salaries for these positions can range from about $94,000 to over $192,000 annually. It’s crucial to remember that salaries are only one part of compensation; additional elements like bonuses, benefits, and stock options may also have a big impact on a technical program manager’s total package of pay.
Frequently Asked Questions
- Q: How much experience do I need to become a Technical Program Manager?
A: The amount of experience required to become a Technical Program Manager can vary depending on the company and the specific role. Generally, it is recommended to have several years of experience in a technical or project management role before transitioning into a Technical Program Manager position.
- Q: What is the career growth potential for a Technical Program Manager?
A: Technical Program Managers can have a variety of career growth opportunities, including advancement to more senior TPM roles, or transitioning into related roles such as Product Management or Engineering Management. Additionally, some Technical Program Managers may choose to pursue further education or certifications to enhance their skills and career opportunities.
