
The average Philips VP of Product in Chicago earns an estimated $242,555 annually, which includes an estimated base salary of $204,055 with a $38,500 bonus. Philips' VP of Product compensation is $111,414 less than the US average for a VP of Product. VP of Product salaries at Philips in Chicago can range from $175,000 - $264,000.
In Chicago, The Product Department at Philips earns $3,159 more on average than the Customer Support Department.
Last updated 5 months ago.
In Chicago, VPs of Product earn $20,893 more than Group Product Managers.
In Chicago, The Product Department averages $3,159 more than the Customer Support Department, and $15,144 less than the Engineering Department
The average female VP of Product at companies similar size to Philips reported making $279,465, while the average male VP of Product at similar sized companies reported making $259,922.
The average Hispanic or Latino VP of Product at companies similar size to Philips reported making $282,500, while the average African American/Black VP of Product at similar sized companies reported making $238,500.
The majority of VPs of Product at Philips believe they're compensated fairly. 81% of VPs of Product at Philips say they receive annual bonuses, and the vast majority (75%) are satisfied with their benefits. See more compensation ratings at Philips