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The differences between development & program managers and product managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a development & program manager and a product manager. Additionally, a product manager has an average salary of $111,729, which is higher than the $102,824 average annual salary of a development & program manager.
The top three skills for a development & program manager include professional development, project management and program management. The most important skills for a product manager are product management, QA, and product strategy.
| Development & Program Manager | Product Manager | |
| Yearly salary | $102,824 | $111,729 |
| Hourly rate | $49.43 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 186,222 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The responsibilities of a development and program manager depend on one's place or industry of employment. Typically, they are in charge of overseeing the operations behind various projects and programs, ensuring everything is running smoothly and efficiently. They must also devise new strategies to improve workforce performance and services, identify new opportunities for profit growth, and determine the needs of clients. Furthermore, as a manager, it is essential to lead and encourage the team in the joint effort to reach goals, all while implementing the company's policies and regulations.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Development & program managers and product managers have different pay scales, as shown below.
| Development & Program Manager | Product Manager | |
| Average salary | $102,824 | $111,729 |
| Salary range | Between $76,000 And $137,000 | Between $81,000 And $152,000 |
| Highest paying City | Menlo Park, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Foundation Medicine | Meta |
| Best paying industry | Technology | Retail |
There are a few differences between a development & program manager and a product manager in terms of educational background:
| Development & Program Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between development & program managers' and product managers' demographics:
| Development & Program Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 58.3% Female, 41.7% | Male, 65.3% Female, 34.7% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |