Merck VP of Product Salary | Comparably
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At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. read more
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Merck VP of Product Salary

The average Merck VP of Product earns an estimated $239,984 annually, which includes an estimated base salary of $182,390 with a $57,594 bonus. Merck's VP of Product compensation is $113,985 less than the US average for a VP of Product. VP of Product salaries at Merck can range from $125,599 - $433,000.

The Product Department at Merck earns $8,363 more on average than the Sales Department.

Last updated 9 months ago.

$50k
$103k
$155k
$207k
$203.49M
$239,984
Average Compensation
$182,390
avg. base
$57,594
avg. bonus

VP of Product Salaries at Merck

VPs of Product earn $18,154 more than Group Product Managers.

Group Product Manager
$222k*
Director of Product
$203k*
Senior Product Manager
$155k*
Product Manager
$127k*
Jr Product Manager
$94k*
* estimated salary

Compensation at Merck by Department

The Product Department averages $8,363 more than the Sales Department, and $34,945 less than the Enterprise Risk Department

Enterprise Risk
$170,938 Avg. total comp.
+$35k
Product
$135,993 Avg. total comp.
Sales
$127,630 Avg. total comp.
-$8k

VP of Product Compensation by Gender (All Companies)

The average female VP of Product at companies similar size to Merck reported making $279,465, while the average male VP of Product at similar sized companies reported making $259,922.

VP of Product Compensation by Ethnicity (All Companies)

The average Hispanic or Latino VP of Product at companies similar size to Merck reported making $282,500, while the average African American/Black VP of Product at similar sized companies reported making $238,500.

How VPs of Product at Merck Rate Their Compensation

The majority of VPs of Product at Merck believe they're compensated fairly. 83% of VPs of Product at Merck say they receive annual bonuses, and the vast majority (78%) are satisfied with their benefits. See more compensation ratings at Merck

Do you believe you're paid fairly?
69% Yes
69
Does your company give annual bonuses?
83% Yes
83
Are you satisfied with your Benefits?
78% Yes
78

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