PM Compensation in London: What to Expect
London is a competitive market for Product Managers in the United States. With a salary multiplier of 1.1x compared to the national average, PMs in London can expect 10% higher compensation for equivalent roles.
The London tech market is characterized by a diverse mix of major tech companies, innovative startups, and established enterprises. Total compensation for Product Managers ranges from $152K for entry-level APMs to $3.7M+ for VPs at top tech companies.
London PM Salary by Level
| Level | Base Salary | Equity | Bonus | Total Comp |
|---|---|---|---|---|
| APM 0-2+ yrs | $116K | $25K | $12K | $152K |
| PM 2-5+ yrs | $154K | $50K | $18K | $222K |
| Sr PM 5-8+ yrs | $193K | $100K | $29K | $321K |
| Staff PM 8-12+ yrs | $237K | $175K | $43K | $454K |
| Principal PM 10-15+ yrs | $275K | $250K | $55K | $580K |
| GPM 7-12+ yrs | $242K | $150K | $44K | $436K |
| Director 10-15+ yrs | $308K | $250K | $68K | $626K |
* Salaries shown are median values for tier-2 tech companies in London. FAANG companies pay 30-50% more.
How London Compares to Other Cities
+35% vs national avg
$372K
Senior PM total comp
+30% vs national avg
$362K
Senior PM total comp
+25% vs national avg
$352K
Senior PM total comp
+10% vs national avg
$321K
Senior PM total comp
+5% vs national avg
$311K
Senior PM total comp
Top PM Employers in London
These companies actively hire Product Managers in London and offer competitive compensation packages:
Meta
Amazon
Revolut
Monzo
Deliveroo
Wise
Looking for PM jobs at these companies? Browse current openings in London on bestpmjobs.com.
Find PM Jobs in LondonCost of Living in London
Cost of Living Index
142
National avg = 100
Salary Premium
+10%
vs national average
Adjusted Value
226320
Purchasing power index
When evaluating PM opportunities in London, consider that the higher cost of living (142 index) partially offsets the salary premium. Your purchasing power may be similar to lower-cost cities with lower salaries.
Calculate Your Salary
Quick Salary Estimate
Estimated Total Comp
$372K
$255K - $546K
Get a personalized salary estimate based on your specific role, company type, and experience level.
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What is the average PM salary in London?
The average Product Manager salary in London is $193K base salary with total compensation of $321K including equity and bonus. This is 10% above the national average. Senior PMs at FAANG companies can earn $915K+ total compensation.
How does London PM salary compare to other cities?
London ranks 4 among major tech markets for PM compensation. San Francisco leads with 35% premium, followed by NYC (30%) and Seattle (25%). London offers competitive salaries with a 10% premium.
What companies hire PMs in London?
Top PM employers in London include Google, Meta, Amazon, Revolut, Monzo, and more. These companies offer competitive salaries ranging from $215K to $482K for mid-level PM roles.
Is it worth being a PM in London vs working remotely?
London offers higher salaries than remote work. With cost of living index at 142 (national average = 100), your higher salary comes with proportionally higher expenses. Consider total compensation, career opportunities, and lifestyle when deciding.