Average Associate Product Manager Salary in New Zealand for 2024

In this article, we will look at the average Associate Product Manager salary for 2024 in New Zealand and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the New Zealand dollar. To keep things simple, we are using the NZD currency code instead of the currency symbol $.

How Much Does an Associate Product Manager Make in New Zealand?

An Associate Product Manager working in New Zealand will typically earn around 123,000 NZD per year, and this can range from the lowest average salary of about 64,600 NZD to the highest average salary of 184,700 NZD.

Average Annual Salary
123,000 NZD
Average Monthly Salary
10,250 NZD

Lowest Annual Salary
64,600 NZD
Lowest Monthly Salary
5,383 NZD

Highest Annual Salary
184,700 NZD
Highest Monthly Salary
15,391 NZD

These are average salaries for an Associate Product Manager in New Zealand and include benefits such as housing and transport. It's also possible for an Associate Product Manager to earn more or less than the average salaries shown above.

Associate Product Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Associate Product Manager Salaries in New Zealand

So we've looked at the average salaries an Associate Product Manager will earn in New Zealand. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Associate Product Manager can earn between 64,600 NZD and 184,700 NZD on average in New Zealand. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Associate Product Manager in New Zealand is 114,900 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 114,900 NZD, and 50% of the population earn more than 114,900 NZD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Associate Product Manager salary in New Zealand, 25% of the population are earning less than 80,400 NZD while 75% of the population earn more than 80,400 NZD.

75% of the population earn less than 142,100 NZD, and 25% of the population earn more than 142,100 NZD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Associate Product Manager Salary by Experience Level in New Zealand

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average associate product manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Associate Product Manager in New Zealand that has less than two years of experience can expect to earn somewhere in the region of 72,300 NZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Associate Product Manager salary would increase to 90,600 NZD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Associate Product Manager, the average salary would be 130,500 NZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 151,800 NZD.
  • 15 - 20 Years Experience. An Associate Product Manager with 15 to 20 years of experience can earn an average of 165,900 NZD.
  • 20+ Years Experience. For an Associate Product Manager with more than 20 years, the expected average salary increases to 176,300 NZD.

Average Salary by Experience Chart

0-2 Years
72,300 NZD
2-5 Years +23%
90,600 NZD
5-10 Years +42%
130,500 NZD
10-15 Years +17%
151,800 NZD
15-20 Years +10%
165,900 NZD
20+ Years +6%
176,300 NZD

Associate Product Manager Salary by Education Level in New Zealand

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Associate Product Manager in New Zealand based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Associate Product Manager in New Zealand with a high school education can earn an average salary of 91,700 NZD.

  • Certificate or Diploma. An Associate Product Manager in New Zealand with a certificate or diploma education can earn an average salary of 103,600 NZD.

  • Bachelor's Degree. An Associate Product Manager in New Zealand with a bachelor's degree education can earn an average salary of 132,000 NZD.

  • Master's Degree. An Associate Product Manager in New Zealand with a master's degree education can earn an average salary of 176,300 NZD.

Average Salary by Education Chart

High School
91,700 NZD
Certificate or Diploma +13%
103,600 NZD
Bachelor's Degree +31%
132,000 NZD
Master's Degree +32%
176,300 NZD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in New Zealand is around 40,500 to 122,000 NZD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Associate Product Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In New Zealand, a male associate product manager will earn an average of 123,800 NZD, while a female associate product manager will earn around 118,900 NZD.

This means that a male associate product manager earns approximately 4% more than a female associate product manager for performing the same job.

Average Salary by Gender Chart in New Zealand

Male
123,800 NZD
Female -4%
118,900 NZD

Associate Product Manager Average Pay Raise in New Zealand

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Associate Product Manager in New Zealand is around 12% every 16 months.

The national average pay raise across all professions and industries in New Zealand is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 16 ) × 12  = 9%

What this means is that an Associate Product Manager in New Zealand can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in New Zealand for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in New Zealand.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Associate Product Manager Bonus and Incentive Rates in New Zealand

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Associate Product Manager is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
79%
No Bonus
21%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in New Zealand earn approximately 5% more than private sector employees in the same role.

Public Sector
97,900 NZD
Private Sector -5%
93,100 NZD

Salaries for Jobs Similar to an Associate Product Manager

In the table below, we have salary information for jobs that are similar to an Associate Product Manager in New Zealand.

Job Title Category Salary
Account Handler Marketing 81,700 NZD
Affiliate Manager Marketing 100,200 NZD
Analytics Specialist Marketing 74,700 NZD
Assistant Brand Manager Marketing 111,700 NZD
Assistant Product Manager Marketing 117,100 NZD
Associate Marketing Manager Marketing 123,800 NZD
Brand Ambassador Marketing 150,100 NZD
Brand Director Marketing 183,900 NZD
Brand Executive Marketing 152,900 NZD
Brand Manager Marketing 153,800 NZD
Business Analytics Specialist Marketing 72,700 NZD
Business Channel Manager Marketing 109,000 NZD
Business Intelligence Team Leader Marketing 115,600 NZD
Campaign Specialist Marketing 103,600 NZD
Chief Marketing Officer Marketing 180,500 NZD
Chief Product Officer Marketing 150,100 NZD
Communications Officer Marketing 49,800 NZD
Content Manager Marketing 86,600 NZD
Content Marketing Strategist Marketing 107,700 NZD
Copy Editer Marketing 61,400 NZD
Copy Writer Marketing 66,900 NZD
Creative Marketing Lead Marketing 105,800 NZD
Creative Writer Marketing 61,500 NZD
Digital Marketer Marketing 94,300 NZD
Digital Marketing Manager Marketing 130,400 NZD
Digital Marketing Strategist Marketing 127,600 NZD
Digital Media Specialist Marketing 109,700 NZD
Director of Marketing Marketing 175,200 NZD
Director of Research Marketing 130,500 NZD
eMarketing Manager Marketing 134,100 NZD
Event Marketing Marketing 127,700 NZD
Head of Executive Search Marketing 152,700 NZD
Key Affiliate Manager Marketing 130,500 NZD
Localization Manager Marketing 123,000 NZD
Market Development Executive Marketing 134,700 NZD
Market Development Manager Marketing 140,200 NZD
Market Research Analyst Marketing 108,200 NZD
Market Research Manager Marketing 128,200 NZD
Market Segmentation Director Marketing 123,800 NZD
Marketing Account Supervisor Marketing 100,500 NZD
Marketing Administrator Marketing 88,600 NZD
Marketing Advisor Marketing 99,700 NZD
Marketing Analyst Marketing 103,600 NZD
Marketing and Communications Officer Marketing 56,900 NZD
Marketing and Sales Head Marketing 176,300 NZD
Marketing Assistant Marketing 54,100 NZD
Marketing Associate Marketing 52,300 NZD
Marketing Communications Manager Marketing 116,400 NZD
Marketing Consultant Marketing 130,400 NZD
Marketing Coordinator Marketing 55,600 NZD
Marketing Director Marketing 172,200 NZD
Marketing Distribution Executive Marketing 130,400 NZD
Marketing Executive Marketing 134,700 NZD
Marketing Manager Marketing 176,300 NZD
Marketing Officer Marketing 55,100 NZD
Marketing Segment Manager Marketing 128,200 NZD
Marketing Specialist Marketing 80,400 NZD
Marketing Supervisor Marketing 99,700 NZD
Marketing Vice President Marketing 140,200 NZD
Marketing Writer Marketing 66,900 NZD
Online Marketing Analyst Marketing 92,600 NZD
Online Marketing Manager Marketing 112,700 NZD
Optimization Manager Marketing 111,700 NZD
Outbound Sales Marketing 78,500 NZD
Outreach Coordinator Marketing 72,300 NZD
Outreach Specialist Marketing 92,100 NZD
Product Development Marketing 123,000 NZD
Product Manager Marketing 139,100 NZD
Product Marketing Engineer Marketing 71,700 NZD
Product Marketing Executive Marketing 119,700 NZD
Product Marketing Manager Marketing 127,700 NZD
Product Researcher Marketing 68,500 NZD
Product Strategist Marketing 102,700 NZD
Product Strategy Researcher Marketing 93,800 NZD
Product Training Specialist Marketing 87,500 NZD
Project Manager Marketing 97,400 NZD
Publications Coordinator Marketing 59,200 NZD
Research Executive Marketing 121,800 NZD
Sales and Marketing Assistant Marketing 55,100 NZD
Sales and Marketing Coordinator Marketing 60,400 NZD
Sales and Marketing Director Marketing 163,800 NZD
Sales Director Marketing 158,700 NZD
Sales Management Support Marketing 61,400 NZD
Sales Manager Marketing 167,100 NZD
Search Marketing Strategist Marketing 140,200 NZD
Social Media Administrator Marketing 91,600 NZD
Social Media Specialist Marketing 91,900 NZD
Spaceman Analyst Marketing 55,200 NZD
Sponsorship Consultant Marketing 86,400 NZD
Team Leader Marketing 102,700 NZD
Telemarketer Marketing 47,200 NZD
Trade Marketing Executive Marketing 134,700 NZD
Trade Marketing Manager Marketing 128,400 NZD
Trade Marketing Professional Marketing 100,100 NZD
Trade Marketing Specialist Marketing 74,100 NZD
Web Analytics Manager Marketing 107,700 NZD
Web Content Manager Marketing 100,700 NZD

Salary Comparison by City

If you want to compare salaries with different cities in New Zealand, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Auckland 139,100 NZD
Christchurch 128,200 NZD
Hamilton 115,600 NZD
Rotorua 112,700 NZD
Wellington 130,500 NZD

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