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The differences between managers, product management and general managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a manager, product management, becoming a general manager takes usually requires 4-6 years. Additionally, a manager, product management has an average salary of $123,250, which is higher than the $71,581 average annual salary of a general manager.
The top three skills for a manager, product management include product management, healthcare and project management. The most important skills for a general manager are customer service, cleanliness, and food safety.
| Manager, Product Management | General Manager | |
| Yearly salary | $123,250 | $71,581 |
| Hourly rate | $59.25 | $34.41 |
| Growth rate | 10% | 6% |
| Number of jobs | 188,083 | 442,690 |
| Job satisfaction | - | 4.25 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 56% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A manager of product management's role is to supervise and oversee the design and development of new products and services, ensuring efficiency and customer satisfaction. Their responsibilities revolve around conducting research and analysis to determine new opportunities and demands of customers, keeping abreast of all the market trends, and collaborating with other designers and analysts to devise new ideas. One may also perform clerical tasks such as preparing progress reports, creating presentations, resolving issues and concerns, and maintaining data, all while adhering to the policies and regulations of the company.
A general manager is responsible for handling the overall operations in the business. General managers manage the staff tasks efficiently, monitor the productivity and efficiency of the work environment, implement new strategies to improve the business performance, recognize the team's best efforts, and effective allocation of budget resources. A general manager must have excellent communication, decision-making, and critical-thinking skills to identify areas of improvement in handling customer complaints, connecting with vendors and other lines of businesses that will direct the company towards its successful objectives.
Managers, product management and general managers have different pay scales, as shown below.
| Manager, Product Management | General Manager | |
| Average salary | $123,250 | $71,581 |
| Salary range | Between $93,000 And $163,000 | Between $40,000 And $126,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Hawaii |
| Best paying company | Meta | NVIDIA |
| Best paying industry | Start-up | Manufacturing |
There are a few differences between a manager, product management and a general manager in terms of educational background:
| Manager, Product Management | General Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Wisconsin - Madison | University of Pennsylvania |
Here are the differences between managers, product management' and general managers' demographics:
| Manager, Product Management | General Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 62.0% Female, 38.0% | Male, 70.7% Female, 29.3% |
| 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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |