Product managers play a key role in companies which is why the average Facebook product manager salary is quite high. The average Facebook product manager salary ranges between a lucrative $119,000 - $248,000, making this a much sought-after position by software engineers.
Facebook has grown to become more than just a social media platform. Today, Facebook has several products and services, making the role of a product manager indispensable to the company. The average Facebook product manager salary is a very competitive figure meant to attract top talent that can maintain the company’s leadership status.
To help software engineers get an understanding of how FAANG product managers are compensated, we’ve compiled key Facebook product manager salary data based on location and levels.
If you’re interested in a product manager role and are preparing for a tech interview, check out our technical interview checklist, interview questions page, and salary negotiation e-book to get interview-ready!
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In this article, we’ll be focusing on different aspects of a product manager’s salary at Facebook. We’ll cover:
- Facebook Product Manager Salary at Different Levels
- Facebook Product Manager Salary by Location
- Product Manager Salary: Facebook vs. Other Tech Companies
- Employee Benefits for Product Managers at Facebook
- Tips to Prepare for Facebook Product Manager Interview
- FAQs on Facebook Product Manager Salary
Facebook Product Manager Salary at Different Levels
- The average annual Facebook Product Manager salary is $166,239, which is $50,246 more than the national average for a Product Manager in the US.
- This total compensation figure comprises a base salary of $148,350 and a bonus amount of $17,889.
- Product manager salary range at Facebook: $100,000 - $220,000 + equity ($10,000 - $100,000)
Listed below is a breakdown of the average Facebook product manager salary at different levels:
(Source: comparably.com)
Facebook Product Manager Salary by Location
Facebook is headquartered in Menlo Park, CA. The company has offices in 36 states in the US. According to various top salary aggregator sites, the average Facebook product manager salary in 5 of its highest-paying locations is:
- Seattle: $198,267
- Menlo Park: $197,298
- Austin: $166,239
- Bellevue: $133,527
- Boston: $142,715
(Source: glassdoor.com, comparably.com, and indeed.com)
Product Manager Salary: Facebook vs. Other Tech Companies
If you’re looking for a product manager job at a tech company, it’s a good idea to weigh your options. Here’s a comparison of Facebook product manager salary compared with other top tech companies (average annual salary across levels):
As you can see, Facebook pays a high product manager salary. While Google and Cisco offer higher compensations to product managers, it’s worth noting that product manager salary figures vary based on skill, experience, and company levels.
Recommended Reading: What Is the Highest Salary for Software Engineers at FAANG Companies?
Employee Benefits for Product Managers at Facebook
Facebook not only pays the best compensation to its product managers but is also known for its excellent employee benefit programs. According to employees working at Facebook, the company has a great culture, excellent perks, and is a generous employer that takes care of its workers.
These are some of the benefits employees receive in addition to the Facebook product manager salary:
- Medical, dental, and vision coverage
- Paid leave for new parents
- Retirement plan
- Stock options or equity
- Work from home
- Generous paid time off
- Paid meals
Tips to Prepare for Facebook Product Manager Interview
Product manager interviews are difficult to crack. Given the growing demand for product managers across segments, the number of aspirants is increasing each day. It is important to understand and start preparing rigorously to land a product manager job in your dream company. Read the following articles to start your prep:
- Facebook Coding Interview Questions
- Facebook System Design Interview Questions
- Facebook Behavioral Interview Questions
FAQs on Facebook Product Manager Salary
Q1. What is the average Facebook product manager salary in the United States?
The average Facebook product manager salary in the United States is $166,239 per year (glassdoor.com).
Q2. How much does a senior product manager make at Facebook?
Data on Comparably reveals the average senior Facebook product manager salary is $170,000. Senior product managers at Facebook earn salaries ranging from $150,000 to over $170,000.
Q3. Do product managers get paid well at Facebook?
The average Facebook product manager salary is $166,239, which is higher than the US national average product manager salary by $50,246.
Q4. What do product managers do at Facebook?
The average Facebook product manager salary is competitive because Facebook product managers are responsible for leading large teams of top engineering talent comprising software engineers, data scientists, product specialists, etc., working on multiple products.
Q5. How many product manager levels are there at Facebook?
The average Facebook product manager’s salary differs according to levels. Levels.fyi, lists 5 product manager levels at Facebook — L3 (Rotational Product Manager) to L7 (Product Manager) with salaries ranging from $167,000 - $748,000.
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