The definition of the word best may vary for everyone regarding job search. For some, “best” means the company pays well and provides eye-opening opportunities for growth. For others, the best job might balance work and family life. Or it’s simply the best one to fill your skill set with product organization structure and freedom of decision-making power.
Many companies offer a great salary and a good working environment. But you must solidify your chance of getting selected for your dream job. So what do you want out of your next job? Whatever it is, here in this guide, we have got you some of the best companies to work at as a product manager. We will also discuss the most important criteria you must consider while choosing the best job that matches your eligibility.
Criteria Of Product Manager For Best Companies
While searching for a product manager’s job opportunity, most people would assume that pay and benefits are the only factors a product manager takes into account. But no, many other factors must be considered before deciding to join a particular organization. So here are some important criteria that should be your top-notch priority.
Benefits & Salary:
The salary of a product manager varies depending on location, industry, size of the company, and other factors. But most product managers are indeed well compensated, with handsome salaries. Product managers may also be eligible for a range of employee benefits depending on their company and employment contract. Companies can also offer a variety of vacation, sick, and holiday days as well as health insurance and life insurance benefits. Well, it depends on the level of your job role.
Type Of Industry:
Many product manager job seekers don’t have any preference regarding what industry they’d like to work with. They usually go with the flow. Companies hire product managers who are familiar with the company’s industry. They prefer a candidate who can help drive the adoption of its products and services. Some of the industries of the future that most PMs hope to break into are SaaS, digital consumer, crypto, eCommerce, medicine, and virtual reality. Some product managers prefer to work in technology, consumer products, healthcare, and financial services as well.
Environment At Work:
As mentioned above, salary and benefits are essential criteria, but the working environment should also be considered. An environment is conducive to creativity and productivity with a focus on innovation and problem-solving. Safety, collaboration, and a healthy environment are other important factors that should be considered in the company’s culture. You should make sure you will enjoy working there. You can search for a company with a good environment as follows:
Do Some Research-
You must research by visiting the company’s website and other social media platforms. You can use these different sources to know the company culture and opportunities. Make sure you visit the company’s official website carefully and read through all job descriptions before considering your next career move.
Ask Questions During Interview-
Another way to know the company’s culture is by asking questions during an interview. You must ask your interviewer about company culture, leadership management style, vision, mission, objectives, etc. Make sure you leave a good impression on the interviewer so that he or she will not avoid answering your tough questions in face-to-face conversation.
Read News & Articles-
One of the best ways to research different companies is Google News. You can read blog articles on technology, consumer products, and other related topics published by the company. You can also read the articles and company news published on different platforms. This way, you will learn about the company’s culture, product portfolio, leadership, visions, etc.
Career Growth & Challenges:
While considering career growth in product management, one should always consider the challenges ahead. The biggest challenge for PMs is understanding the importance of product management and how it drives your profit and losses for the company. So you must think before joining a product management role to avoid unnecessary risks.
Top 5 Companies For Product Managers
There is no such list of companies with the best benefits to work in as a product manager. But if you want to explore the idea of working at different companies, this guide can help you. So here we bring you the top 5 companies for product managers:
If you are in the technology or consumer products industry, Google is one of the best options for a product manager. With more than one billion consumers on its record, Google is a top company for pretty much anything. Google’s product management team is also a great place for product managers looking for work-life balance. The benefits provided by Google are awesome for job seekers, and you can get the following perks:
- The Average annual salary is about $250,675
- It is the world’s Industry with a benefits package
- The employees are offered free lunch & snacks.
Amazon is one of the largest Internet retailers in the world, and it is also one of the largest cloud computing providers. Amazon Web Services provides scalable cloud computing services to individuals, companies, and governments. The average annual salary for a product manager at Amazon is $1, 26,397/yr. Amazon offers a tremendous benefits package for its employees. This is why it has become one of the largest retailers in the world.
If you are considering joining Meta/Facebook, consider it one of the best options for you as a product manager. Both the top companies have a large customer base, and their customer base is increasing. You will get the following perks with work at Meta/Facebook:
- The Average annual salary at Meta/Facebook is $265,634
- You can work on new projects with these companies like Instagram, Facebook Financials, and other Meta products.
Microsoft is the pioneer in creating software for its users. It is also the world’s largest technology company, with over 125,000 employees working worldwide. Microsoft offers amazing benefits for product managers, and it also has a great growth opportunity for product managers. The average annual salary at Microsoft is $1, 31,580/yr. You will get the following perks if you join Microsoft:
- You can work with Microsoft products like Windows OS, SQL servers, and many more.
Apple is the world’s most valuable company, providing top-notch benefits to its employees. Apple offers different opportunities to product managers, and you can get the following options if you join Apple:
- The average salary for Apple Product managers is $1,47,645/per yr
- You will work in both hardware and software divisions of the company
The Product manager’s role has become more important as technology evolves and more around the global market. We help product managers to ensure that they can bridge an organization’s technical and business needs. We have Product Management Interview Questions that you can use for preparing and practicing for your product manager interview.
So, Good Luck With Your Interview.