A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. People tend to confuse bonuses with commissions. Only 5% of individuals have salaries exceeding 8,620 MYR. About 20% of salaries are below the 5,670 MYR mark, while 10% fall within the range of 7,700 MYR to 8,620 MYR. The majority of reported salaries, approximately 65%, fall within the range of 5,670 MYR to 7,700 MYR. This approach provides a more precise representation of salary distribution for the job title Product Manager in Malaysia compared to simply calculating the average. To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. Similarly, the chart shows that 75% earn less than 9,790 MYR while 25% earn more. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Product Manager in Malaysia earn less than 7,210 MYR, while 75% earn more. The median is closely associated with two other values known as the 25th and 75th percentiles. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph. The median salary denotes the middle value of salaries. With a median salary of 8,650 MYR, half of the professionals who work as Product Manager in Malaysia earn less than this amount, and the other half earn more. It should be noted that the given figure is not the legally mandated minimum wage rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country. Salaries for the position Product Manager in Malaysia range from 5,090 MYR (starting salary) to 14,600 MYR (maximum salary). Salary Range, Minimum Wage, and Starting Salary.All salary figures displayed here are per month except when noted otherwise.
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