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Salary Details for a Principal Product Manager at Discover

Updated Mar 29, 2023

Total Pay Estimate & Range

Total Pay Range
$170K - $255K/yr
Base Pay
$128K - $176K/yr
Additional Pay
$42K - $79K/yr

$206K

/yr
$170K$255K
Most Likely Range
See Total Pay Breakdown below

The estimated total pay for a Principal Product Manager at Discover is $206,374 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $150,178 per year. The estimated additional pay is $56,196 per year. Additional pay could include bonus, stock, commission, profit sharing or tips. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate is this most likely Total Pay range (base + additional) of $170K-$255K/yr?

Related SearchesAll Principal Product Manager Salaries | All Discover Salaries

Total Pay Breakdown

$206,374

Total Pay

Pay TypePay EstimateMost Likely Range% of Total Pay
Base Pay
$150,178/yr$128K - $176K72.8%
Bonus
$21,053/yr$16K - $29K10.2%
Stock
$22,468/yr$17K - $31K10.9%
Profit Sharing
$12,675/yr$10K - $18K6.1%

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Commercial Customer Service Representative

What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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Principal Product Manager
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United States

Recent Salaries for a product manager at Discover

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Total Pay

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Additional

Years of Experience
Submitted Date
Job TitleTotal Pay

Years of Experience

Base

 | 

Additional

Location

Submitted Date

Product Manager

Chicago, IL

$126,000/yr

$126K

 | 

$0

15+ years
Mar 17, 2023
Product Manager$126,000

15+ years

$126K

 | 

$0

Chicago, IL

Mar 17, 2023

Sr. Manager, Product Management

Riverwoods, IL

$169K - $196K/yr
1-3 years
Sep 1, 2022
Sr. Manager, Product Management$169K - $196K

1-3 years

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Sep 1, 2022

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$143K - $167K/yr
4-6 years
Aug 29, 2022
Principal Product Manager$143K - $167K

4-6 years

Birchwood, WI

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Chicago, IL

$142K - $166K/yr
4-6 years
Jul 28, 2022
Manager, Product Development$142K - $166K

4-6 years

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Jul 28, 2022

Sr Product Manager

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$138K - $161K/yr
7-9 years
Jul 10, 2022
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7-9 years

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Jul 10, 2022

Product Manager

Chicago, IL

$138K - $161K/yr
7-9 years
Jul 2, 2022
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7-9 years

Chicago, IL

Jul 2, 2022

Sr. Product Manager

Chicago, IL

$161K - $186K/yr
7-9 years
Feb 21, 2022
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7-9 years

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Feb 21, 2022

Product Manager

Colorado Springs, CO

$144K - $168K/yr
7-9 years
Feb 5, 2022
Product Manager$144K - $168K

7-9 years

Colorado Springs, CO

Feb 5, 2022

Product Manager

Chicago, IL

$144K - $169K/yr
0-1 year
Feb 2, 2022
Product Manager$144K - $169K

0-1 year

Chicago, IL

Feb 2, 2022

Product Manager

Chicago, IL

$123K - $142K/yr
4-6 years
Nov 8, 2021
Product Manager$123K - $142K

4-6 years

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Viewing 1 - 10 of 35

Discover Salary FAQs

The average salary for a Principal Product Manager is $156,080 per year in United States, which is 24% lower than the average Discover salary of $206,374 per year for this job.

The salary trajectory of a Principal Product Manager ranges between locations and employers. The salary starts at $116,693 per year and goes up to $176,165 per year for the highest level of seniority.

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Discover Benefits

  • 401K Plan(172 comments)

    Great company match. Excellent options.

  • Health Insurance(131 comments)

    Discover has a decent benefits package.

  • Vacation & Paid Time Off(84 comments)

    No complaints. The amount of time off we receive has continued to increase over the years- more paid holidays in addition to our paid time off

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We're proud to share—Discover is one of Fortune's 100 Best Companies to Work For®! Results of this recognition are given based on employee feedback, so we want to give a huge "thank you" to all who are part of #LifeAtDiscover. It is our culture and people who are the driving force behind our success, and we are so grateful for YOU! Read more here: https://bit.ly/3Ku3jwW and check out the full list here: https://bit.ly/3zwChyI #GPTWCertified #BestWorkplace #100BestCos
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