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Release Manager Salary 2024 Guide

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17th Apr, 2024
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    Release Manager Salary 2024 Guide

    A Release Manager oversees the planning, coordination, and execution aspects of software releases. It is a multi-tasking role where the expert focuses on quality assurance while ensuring smoother operations. Furthermore, they act as a bridge between different teams working on a project to facilitate seamless integration and continuous improvement in the release process. The role is significant enough for organizations irrespective of the domain, so the demand is certainly high. There is a huge demand for experts with ITSM certification courses or other specializations who can handle the tasks efficiently. If you have hands-on knowledge of the industry and have experience working on a few projects, you can expect to get an excellent release manager salary. In this article, I will discuss how promising your career as a release manager can be and the salary you can expect to draw in different industries and under various circumstances. Top of Form

    Who is a Release Manager?

    A Release Manager is a professional responsible for planning and executing software releases. During the software development process, different tasks get completed in multiple releases. The person who manages all the product releases and puts things together till project completion is a release manager. They collaborate with various teams, including developers and quality assurance experts, ensuring a smooth and sorted release process. These experts create release plans and communicate them effectively with stakeholders. Furthermore, their role involves version control, deployment automation, and continuous improvement of release processes. The job role is challenging, and you should put in effort to succeed, but the handsome release manager salary makes it all worth it. You can enroll in specialized courses, like the ITIL foundation course online, to develop the right skills and explore this role. Let me dive into the salary part. 

    Release Manager Salary in 2024

    As mentioned earlier, the release manager's average salary is impressive, provided you are a hands-on professional and have what it takes to deliver the best work. The average release manager salary is $109,000 per year. At the start of your career, you may fetch around $81K per year. However, once you have completed programs like the Knowledgehut ITSM certification course to brush up on your skills, the salary can go up to $147K. (Source: Zippia)

    The table below shows the release manager's salary per month, per hour, and per year. 

    Salary Per Hour

    Salary Per Month

    Salary Per Year 

    $53.77

    $8666

    $91K

    Source: ZipRecruiter

    Release Manager Salary: Based on Experience

    From my personal experience, I can say that experience has a crucial role in determining the salary that you draw from your employer. Your job roles as a beginner and an advanced professional are different, and so are your salary packages. Let me share the average salary at varied experience levels in your career as a release manager.

    Beginner

    As a beginner, your expected average salary is $101K. It can start from around $79K and rise up to $131K based on your skills. 

    Intermediate

    After you have gained experience of about 3-4 years, you are at an intermediate level, and your average salary would be around $115K. It can range between $92K and $146K. 

    Advanced

    At the advanced level, you apply for senior-level positions. The average salary at this level is $123K. The salaries can range between $99K and $155K. 

    Release Manager Salary: Based on Location

    Location is another crucial factor in deciding the release manager's average pay. If you work in a metro city with ample work opportunities and MNCs ready to hire deserving candidates, you will certainly fetch a higher salary than the tier-3 cities. Similarly, release manager salaries in the countries with promising job markets will be higher than in the others. Let me give you a glimpse of packages in the top cities of the top six countries offering the best salesforce release manager salary. 

    India

    Cities

    Salaries

    Bangalore

    INR 14 LPA

    Hyderabad

    INR 11 LPA

    Chennai

    INR 11LPA

    Delhi NCR

    INR 12LPA

    Pune 

    INR 10LPA

    Source: Indeed

    Release manager salary in India
    Glassdoor

    US

    Cities

    Salaries

    California

    $134K

    New York

    $119K

    Atlanta

    $114K

    Massachusetts 

    $114K 

    Dallas

    $81K

     Source Link: Indeed

    UK

    Cities

    Salaries

    Scotland

    Є62K

    Wales

    Є52K

    London

    Є73K

    West Midlands 

    Є53K

    Yorkshire 

    Є61K

    Source Link: Checksalary.com

    Australia

    Cities

    Salaries

    Macquarie Park

    $143K

    Brisbane

    $129K

    Perth

    $127K

    Melbourne 

    $92K

    Sydney 

    $77K

     Source: Indeed

    Canada

    Cities

    Salaries

    Calgary

    $95K

    Toronto

    $95K

    Montreal

    $85K

    Vancouver 

    $57K

    London, ON 

    $37K

    Source: Indeed

    Singapore

    Cities

    Salaries

    Outram

    $9215

    Singapore

    $8353

    Raffles

    $8222

    Shanton way 

    $6465

    Changi 

    $5503

     Source: Indeed

    Release Manager Salary: Based on Job Roles

    Another factor that impacts the release manager's salary is the job role for which you get appointed. The complexity of your job roles increases your salary scale; it also depends on the level you get in the hierarchy and the number of teams you will handle. For example, the senior release manager's salary is higher than that of a beginner in another domain. To give you better clarity, I have listed a few job roles in this domain and the average salary a candidate can expect to get in them. 

    Job Roles

    Salaries

    IT Release Manager

    $91K

    Release Services Case Manager

    $65K

    Salesforce Release Manager

    $153

    Senior Release Manager 

    $144K

    Source: Indeed

    Factors Affecting Release Manager Salary

    For anyone exploring the industry as a release manager, it is crucial to know the factors that have a direct impact on the salary. The release manager's salary per month varies for different individuals. The factors affecting these numbers are:

    • The location of your work
    • The industry you work in
    • The overall experience you carry

    Furthermore, your skills and the certifications you have earned also affect the overall salary package. For example, the salary of a candidate who has learnt an ITSM certification course is more than those who haven’t. Let me give more details about each factor and explain how it affects your salary. 

    Location

    The release manager positions in tier-1 cities are high-paying, and one of the primary reasons is the ample amount of projects and opportunities. The renowned organizations have their operations in the top cities, and they are certainly the ones to offer better salary packages. The table below shows how location can impact your salary package as a release manager.

    Location

    Salary

    Tier-1 Cities

    $144K

    Tier-2 Cities

    $108K

    Tier-3 Cities

    $84K

    Source: ZipRecruiter

    Industry / Employer / Company

    Though the demand and opportunities for release managers are high in every industry, some domains offer higher salaries than others. The IT release managers get a higher salary package than the experts working in the automobile or marketing sector. Refer to the table below for details. 

    Industry

    Salary

    IT/ Software

    $163K

    Automobiles 

    $91K

    Sales 

    $141K

    Source: Glassdoor

    Experience

    While you are working as a release manager, your salary graph will change as you gain experience. As your familiarity with the domain is not much as a fresher, you might not get a higher salary package. However, as you gain experience, your salary graph gets impressive. The table gives a clear picture of the impact that the experience has on your salary package.

    Experience Level

    Average Salary

    Beginner

    $101K

    Intermediate

    $104K

    Advanced

    $123K

     Source Link: Glassdoor 

    Demand and Supply

    Another factor affecting the salary of a release manager is the market demand. If your inclination is towards a particular industry, know that your earnings depend on the market demand in that area. The higher the demand, the more chances there are of an excellent salary package. 

    Credentials / Certifications

    I have mentioned that experience impacts the salary package. So, what about people with the same experience level? Who gets paid more out of the batch of all the candidates with the same experience? Well, in such cases, the decisions depend on expertise. The certifications you have earned and the projects you have handled can help you get a better salary package. Some of the certifications that can help give a boost to your career are:

    • Project Management Professional (PMP)
    • Certified Scrum Master (CSM)
    • Master Project Manager (MPM)
    • Advanced Certified ScrumMaster (A-CSM)
    • ITIL Foundation

    Skills

    Skills are a vital aspect of a professional journey and directly impact your salary package. It includes your soft skills and technical excellence. To get the highest or the most promising salary package, you should work on the top 10 skills mentioned in the image below.

    How to Improve Release Manager Salary?

    If you have started your journey as a release manager but want to boost your salary, there are certain factors on which you would have to work. Let us discuss them in detail.

    Skills

    Work on your skills and make yourself proficient enough to handle all the challenges that might arise. Get technically skilled and learn all the latest tools that are fruitful in delivering the best results as a release manager. Additionally, improve your soft skills and gain proficiency in communicating and decision-making to present yourself as a dependable expert.

    Certifications

    Certifications always help professionals break career stagnations. So, to grow and improve your salary as a release manager, you can also opt for additional certification courses. I have listed a few above that can help. 

    Degrees

    If you have started your journey after your bachelor's degree, a master's degree is your way to get a better salary. Add to your educational qualification and earn more relevant degrees to step up!

    Experience

    At first, you may not get the best job, but it definitely gets better after a few years of experience. So, find challenging jobs where you get more exposure, and as you gain experience, your salary will multiply. 

    Why are Release Managers paid so much?

    The release managers get higher salary packages because their roles are crucial and significant for the organization. These professionals are responsible for keeping the entire product lifecycle moving and ensuring that the final results match the end-user requirements. They have to wear multiple hats and collaborate with different teams and stakeholders, which takes effort and advanced communication skills. Moreover, the answerability if the project gets delayed or the mismatched quality standards is on them! So, the risk and stress that this job role carries are high. It explains the higher salary packages. Any expert in this domain has to work hard to get the desired proficiency, and the price they get is for that effort and the complexity they handle. 

    Conclusion

    Release managers are an integral part of any organization, and the demand for these professionals is high in the market. Companies hire experts who deliver the best work and handle projects efficiently, even under the most challenging situations. So, if you have an inclination towards this industry, the future is positive and promising. You will have plenty of opportunities with excellent monetary perks and job security. All you have to do is prepare well and prove your worth in this industry. Brush your skills, get relevant certifications, and learn the tools that can help fetch the best jobs. When you are ready to explore the market, keep factors like location, industry, and experience in mind, and you can certainly land your dream job. Keep working towards improving your skill set and gaining more and more experience, and you will indeed enjoy a fruitful career.

    Frequently Asked Questions

    1What additional compensation can Release Managers expect?

    A release manager can expect an additional compensation of $91K a year.

    2Is there a difference between a Release Manager and a Software Release Manager's salary?

    A software release manager can get an average salary of $145K. On the other hand, a release manager in any other industry would fetch an average of $91k.

    3What is the job outlook for Release Managers, and how might it affect salaries in the future?

    The job outlook for release managers is positive and promising. The demand for these professionals will be high, and this will certainly boost their salary packages.

    4Is Release Manager a stressful job?

    Yes. There are complex tasks to handle, and the responsibility for project success lies with them. So, there is definitely risk and stress around this position.

    5Is the Release Manager a technical role?

    A release manager requires technical knowledge to decide whether the release is ready for delivery. So, you can say that this role is technical.

    Profile

    Manikandan Mohanakrishnan

    Consultant

    Manikandan Mohanakrishnan is a highly skilled corporate trainer, consultant, and content developer with expertise in a wide range of areas including ITIL 4, PRINCE2, Agile/Scrum, PMP, DevOps, and soft skills. With a passion for delivering exceptional training experiences, Manikandan offers a comprehensive suite of training services covering service management, project management, business simulations, and more. With over 20+ years of experience, he has successfully facilitated numerous programs, including business communications, emotional intelligence, team building, and organizational change management. Manikandan's dedication to empowering individuals and organizations shines through his motivational talks and impactful training sessions.

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