Paychex VP of Product Salaries in Chicago | Comparably
Paychex Claimed Company
As the future of work continues to evolve, Paychex leads the way by making complex HR, payroll, and benefits brilliantly simple. Our unique combination of digital HR technology and advisory solutions meets the changing needs of employers and their employees. read more
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Paychex VP of Product Salaries in Chicago

The average Paychex VP of Product in Chicago earns an estimated $240,366 annually, which includes an estimated base salary of $201,866 with a $38,500 bonus. Paychex's VP of Product compensation is $113,603 less than the US average for a VP of Product. VP of Product salaries at Paychex in Chicago can range from $175,000 - $264,000.

In Chicago, The Product Department at Paychex earns $17,552 more on average than the Legal Department.

Last updated 13 days ago.

$50k
$103k
$155k
$207k
$203.49M
$240,366
Average Compensation
$201,866
avg. base
$38,500
avg. bonus

VP of Product Salaries at Paychex

In Chicago, VPs of Product earn $21,296 more than Group Product Managers.

Group Product Manager
$219k*
Director of Product
$213k*
Senior Product Manager
$131k*
Product Manager
$106k*
Jr Product Manager
$98k*
* estimated salary

Compensation at Paychex by Department

In Chicago, The Product Department averages $17,552 more than the Legal Department, and $8,043 less than the Customer Support Department

Customer Support
$142,358 Avg. total comp.
+$8k
Product
$134,315 Avg. total comp.
Legal
$116,763 Avg. total comp.
-$18k

VP of Product Compensation by Gender (All Companies)

The average female VP of Product at companies similar size to Paychex 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 Paychex 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 Paychex Rate Their Compensation

The majority of VPs of Product at Paychex believe they're not compensated fairly. 53% of VPs of Product at Paychex say they receive annual bonuses, and the vast majority (71%) are satisfied with their benefits. See more compensation ratings at Paychex

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