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The differences between global senior product managers and product owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a global senior product manager and a product owner. Additionally, a global senior product manager has an average salary of $134,871, which is higher than the $97,070 average annual salary of a product owner.
The top three skills for a global senior product manager include product management, market research and global product. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Global Senior Product Manager | Product Owner | |
| Yearly salary | $134,871 | $97,070 |
| Hourly rate | $64.84 | $46.67 |
| Growth rate | 10% | 10% |
| Number of jobs | 127,636 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Global senior product managers lead product managers in coordinating with marketing, sales, and engineering teams by developing product requirements and strategies while incorporating feedback from customers. Aside from having excellent interpersonal, business, technical, and analytical skills, they are also good at product planning and product marketing by introducing products to a new and emerging market worldwide, tracking products from competitors, and coordinating with other executives to gain global markets that are ideal for product penetration.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Global senior product managers and product owners have different pay scales, as shown below.
| Global Senior Product Manager | Product Owner | |
| Average salary | $134,871 | $97,070 |
| Salary range | Between $97,000 And $185,000 | Between $71,000 And $130,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | PayPal | ORIX USA |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a global senior product manager and a product owner in terms of educational background:
| Global Senior Product Manager | Product Owner | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between global senior product managers' and product owners' demographics:
| Global Senior Product Manager | Product Owner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 64.3% Female, 35.7% |
| 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% |