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The differences between junior product managers and senior 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 junior product manager and a senior product manager. Additionally, a senior product manager has an average salary of $133,868, which is higher than the $83,812 average annual salary of a junior product manager.
The top three skills for a junior product manager include project management, user stories and cloud. The most important skills for a senior product manager are product management, cloud, and product strategy.
| Junior Product Manager | Senior Product Manager | |
| Yearly salary | $83,812 | $133,868 |
| Hourly rate | $40.29 | $64.36 |
| Growth rate | 10% | 10% |
| Number of jobs | 95,173 | 119,025 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The junior product manager collaborates with the company's product team in defining the product vision. Junior product managers set the objectives and fundamental results. They build a certain strategic product roadmap which suits the overall strategy of the business. It is part of their job to coordinate activities to market the product. This bridges the gaps between organizational functions and aligns all the teams, including sales, customer support, and marketing.
A senior product manager oversees the workflow and workforce involved in product and service development, ensuring a high return for its investments. They are primarily responsible for assessing and providing recommendations, producing review and reference documents, and obtaining feedback from consumers and high-ranking company personnel. Furthermore, as a senior product manager, they must lead a group of product managers, motivating and supervising them in their joint effort to accomplish goals according to the company's standards and policies.
Junior product managers and senior product managers have different pay scales, as shown below.
| Junior Product Manager | Senior Product Manager | |
| Average salary | $83,812 | $133,868 |
| Salary range | Between $51,000 And $136,000 | Between $98,000 And $182,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Broadridge | Roku |
| Best paying industry | Finance | Start-up |
There are a few differences between a junior product manager and a senior product manager in terms of educational background:
| Junior Product Manager | Senior Product Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between junior product managers' and senior product managers' demographics:
| Junior Product Manager | Senior Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 43.7% Female, 56.3% | Male, 68.5% Female, 31.5% |
| 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% |