What is the typical salary for Director of Product roles in the UK?
£100,000 to £200,000
As a leading Product Management recruitment agency specialising in C-suite candidates, Intelligent People are well placed to advise on Director of Product salaries in the UK.
With our 20 years’ experience within the competitive industries we operate in, a Director of Product salary typically ranges from £100,000 to £200,000.
However, the national averages are lower, so let’s take a look at some of the largest UK job platforms to get a broader picture.
Are you looking to hire for your Product Management team? Contact us today to find out how we can help you find candidates and stay ahead of your competition.
Director of Product wages as advertised on top job boards
What does Indeed say?
The average base salary is £105,458 per year, based on 75 salaries reported.
What does Glassdoor say?
The salary range reported is between £89,000 – £130,000 per year. The average base pay reported is £107,000 per year, based on 449 salaries.
What does Talent say?
The average annual salary for a Director of Product in the United Kingdom is £75,000, based off 2,893 salaries.
Entry level positions start at £55,100 per year while most experienced workers make up to £95,000 per year.
What does Total Jobs say?
The salary range for a Product Director / Director of Product job is £42,500 to £67,500 with the average being £57,500.
Salary variations
As you can see above, there is a huge range in salaries for Product Director positions in the UK. This is a similar story for Chief Product Officer, VP Product, Head of Product, Senior Product Manager, and Product Manager roles, meaning correct salary benchmarking requires intimate knowledge of the influencing factors.
Key influencing factors include:
- size of business and Product team
- financial standing of the business including business stage (start-up, scale up, enterprise) and level of investment
- growth ambitions
- the product or service and it’s industry. Does the business require specific experience such as international expertise?
- the level of responsibility the Product Director holds
Expert salary benchmarking advice
Reach out to us today to discuss your recruitment needs in more detail. After assessing your requirements, we can advise on the correct salary for the Director of Product position you have in mind and come up with a strategy to place the correct candidate within the required timescales.
Director of Product salary FAQs
- How do experience and qualifications impact a Director of Product's salary?
- Experience plays a significant role; Product Directors with over 10 years' experience can command higher salaries, often exceeding £100,000. Relevant qualifications, such as an MBA or certifications in Product Management, can also enhance earning potential.
- Which industries offer the highest salaries for Product Directors in the UK?
- Industries like technology, finance and pharmaceuticals tend to offer the highest salaries for Product Directors, often exceeding the average due to the complexity and competitive nature of these sectors.
- Are there significant salary differences between London and other UK cities for Product Directors
- Yes, Product Directors in London typically earn higher salaries, often around 15-30% more than their counterparts in other UK cities, reflecting the higher cost of living and concentration of major companies in the capital.
- What additional benefits or bonuses can Product Directors expect?
- In addition to base salary, Product Directors often receive bonuses, stock options and benefits such as private medical insurance, pensions and flexible working arrangements, which can significantly enhance overall compensation.
