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The differences between group managers and group product managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a group manager, becoming a group product manager takes usually requires 8-10 years. Additionally, a group product manager has an average salary of $155,050, which is higher than the $118,324 average annual salary of a group manager.
The top three skills for a group manager include client facing, project management and customer service. The most important skills for a group product manager are product management, product vision, and product strategy.
| Group Manager | Group Product Manager | |
| Yearly salary | $118,324 | $155,050 |
| Hourly rate | $56.89 | $74.54 |
| Growth rate | 6% | 10% |
| Number of jobs | 263,616 | 119,427 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
Group Managers are employees who oversee a specific department, team, or any group in the company. They are usually tenured employees or industry experts. Group Managers oversee their team's performance and professional growth. They set clear, strategic goals for the team and create plans to reach these goals. They monitor the achievement of such goals and guide their team along the way. They also manage the team professionally. The coach team members train the employees if there are updates or new strategies and ensure that they remain engaged. They motivate their team to perform well and strive hard to reach group goals.
A group product manager is responsible for leading teams on product development procedures according to business requirements and specifications, improving the brand image in the market, and generating revenues and profits out of sales performance. Group product managers strategize promotional techniques and marketing materials to advertise the product on various platforms and reach the target audience. A group product manager coordinates with the clients and senior product manager for progress updates, cost analysis, and adjusting business plans as needed.
Group managers and group product managers have different pay scales, as shown below.
| Group Manager | Group Product Manager | |
| Average salary | $118,324 | $155,050 |
| Salary range | Between $78,000 And $178,000 | Between $112,000 And $213,000 |
| Highest paying City | Washington, DC | Richmond, CA |
| Highest paying state | New York | California |
| Best paying company | Meta | |
| Best paying industry | Finance | Technology |
There are a few differences between a group manager and a group product manager in terms of educational background:
| Group Manager | Group Product Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between group managers' and group product managers' demographics:
| Group Manager | Group Product Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 67.9% Female, 32.1% | Male, 73.1% Female, 26.9% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% | 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% |