What is take-home on £110,000 for a Senior PM?

On £110,000 gross with an 8% salary-sacrifice workplace pension, take-home is about £69,013 a year. The £8,800 contribution brings adjusted net income to £101,200, so only £1,200 of it sits in the personal allowance taper. A relief-at-source pension shows less on the payslip, because the higher-rate relief has to be claimed back through Self Assessment.

How does RSU taxation work?

RSUs (Restricted Stock Units) are taxed as employment income when they vest, not when they are granted. For listed shares, which are readily convertible assets, the value at vest is added to pay for that tax year and taxed through PAYE at the marginal rate, with Class 1 National Insurance at 8% up to the £50,270 Upper Earnings Limit and 2% above it. Any gain or loss after vesting falls under Capital Gains Tax when the shares are sold.

How much of an RSU vest do I keep in the £100k to £125k band?

About 38p in each £1. Between £100,000 and £125,140 of adjusted net income the personal allowance is withdrawn at £1 for every £2, so each £1 of vest costs 60p of Income Tax, and Class 1 National Insurance adds 2p. Above £125,140 the rate falls back to 45% Income Tax plus 2% National Insurance, so the same £1 keeps 53p.

Product Manager Salary 2026/27: Take-Home Across Career Stages

The ONS coding index codes a product manager in computer services, and an AI product manager, to SOC 2020 unit group 2132, IT managers, within a sub-unit group for IT product managers. ASHE 2025 publishes pay for the whole unit group: a full-time median of £56,438, ranging from £33,208 at the 10th percentile to £97,048 at the 90th. A product manager outside software is coded by industry instead - to sales account managers when no industry is given.

Typical pay & take-home

Median gross: £56,438
ASHE 2025, 10th to 90th percentile: £33,208–£97,048
Take-home at median: £43,291 England, no pension applied — use the salary calculator for your scheme.

At the median for this profession, you earn about 45% above the UK full-time median (£39,039), placing you between the 75th percentile (£54,009) and the 90th percentile (£76,903) of UK full-time earnings.

See exact take-home for £56,438 →

What influences product manager pay

ASHE does not publish the IT product manager sub-unit group on its own, so the figures here are for all IT managers, which also covers IT service delivery, software development, network, infrastructure and technical support managers. Treat them as the measure for the unit group ONS files the job in, not as a survey of product managers alone.

With no pension contribution the £56,438 median puts £6,168 above the £50,270 higher-rate threshold, taxed at 40% with 2% National Insurance, a 42% marginal rate. The 90th percentile of £97,048 is below £100,000, where the personal allowance begins to taper and the marginal rate reaches 62%.

Restricted stock units in a listed company are readily convertible assets, so the value at vest is taxed as employment income through PAYE with Class 1 National Insurance on the same amount. Sacrificing a bonus into a pension reduces adjusted net income, which is why it is worth most to people in the £100,000 to £125,140 band.

Career progression

Bottom decile of the group: £33,208.
Lower quartile: £44,372.
Median: £56,438.
Upper quartile: £73,901.
Top decile: £97,048.

Frequently asked questions

What is take-home on £110,000 for a Senior PM?: On £110,000 gross with an 8% salary-sacrifice workplace pension, take-home is about £69,013 a year. The £8,800 contribution brings adjusted net income to £101,200, so only £1,200 of it sits in the personal allowance taper. A relief-at-source pension shows less on the payslip, because the higher-rate relief has to be claimed back through Self Assessment.
How does RSU taxation work?: RSUs (Restricted Stock Units) are taxed as employment income when they vest, not when they are granted. For listed shares, which are readily convertible assets, the value at vest is added to pay for that tax year and taxed through PAYE at the marginal rate, with Class 1 National Insurance at 8% up to the £50,270 Upper Earnings Limit and 2% above it. Any gain or loss after vesting falls under Capital Gains Tax when the shares are sold.
How much of an RSU vest do I keep in the £100k to £125k band?: About 38p in each £1. Between £100,000 and £125,140 of adjusted net income the personal allowance is withdrawn at £1 for every £2, so each £1 of vest costs 60p of Income Tax, and Class 1 National Insurance adds 2p. Above £125,140 the rate falls back to 45% Income Tax plus 2% National Insurance, so the same £1 keeps 53p.

All UK professions →

Typical pay & take-home

What influences product manager pay

Career progression

Frequently asked questions

Related professions

Sources