December is upon us, which means a new year is right around the corner.
New Year is a great time to pause and reflect. Celebrate wins, identify areas of improvement and realign one’s priorities and goals. Year end is also the time when companies formally review employee performance to announce increments. Given that product is still in its nascent stages in Pakistan, it can be difficult to request a raise or verify if you’re being fairly compensated without knowing what the market standard is.
For the second time in a row, due to popular demand, Product Soch is here to save the day with its Annual Salary Report for Product-related roles in Pakistan.
📢 2024 Salary Report for Product-related roles in Pakistan
Why is it needed?
Compensation is a tricky topic to navigate in Pakistan. Most job postings do not mention the salary bracket. Within organizations, grade-based salary ranges are barely made public and most colleagues consider salaries to be What-Must-Not-Be-Discussed.
Privacy should indeed be valued and respected, but such a hush culture about one’s financial wellness creates a striking imbalance in the compensation packages of product professionals without them having a reliable market standard to compare against.
How will the data be used?
The collected data will be purely anonymous and would provide valuable insights for everyone in product roles, empowering them to make informed career choices and negotiate better salaries. This will also help employers understand market trends and insights in order to review and revise their policies for improved employee satisfaction and retention.
Report of this survey will be shared on the public Product Soch forums and sent via email to those who choose to share their emails.
What can you do?
If you or someone you know are working in a product based role in Pakistan then you can help out by filling up this Salary Report survey.
By participating, you contribute to promoting transparency and supporting the career development of the entire ecosystem of Pakistani Product Management Community.
The survey is anonymous (email addresses are not recorded)
Only an aggregated report will be shared publicly, not the raw data
We kindly request everyone to fill this out with accuracy.
📆 SochCafe Karachi
Mark your calendars, Karachiites — we are going to have a beautifully insightful eve this thursday with designers and PMs debating how to strike a perfect balance between useful and delightful.
Where: Spursol Office, 4th Floor, Citi Tower, PECHS Block 6, Shahrah-e-Faisal Rd
When: 7th Dec, Thursday, 7:00 pm
Why: Product Manager’s Relationship with Designers
See ya there, folks!
May the Soch be with you.
Salaam,
Sarrah Moiz