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The differences between managers, product management and product leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a manager, product management and a product lead. Additionally, a manager, product management has an average salary of $123,250, which is higher than the $118,828 average annual salary of a product lead.
The top three skills for a manager, product management include product management, healthcare and project management. The most important skills for a product lead are product management, project management, and architecture.
| Manager, Product Management | Product Lead | |
| Yearly salary | $123,250 | $118,828 |
| Hourly rate | $59.25 | $57.13 |
| Growth rate | 10% | 10% |
| Number of jobs | 188,083 | 95,557 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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 product lead is responsible for monitoring the development of new products and services of an organization, starting from brand conceptualization to official market release and distribution. Product leads identify effective product management by conducting data analysis and evaluating market statistics of customer demands. They coordinate with the clients on their specifications and requirements, including the budget limit and timely deliverables. A product lead manages the brand promotion on media platforms, creating content that adheres to the target audience.
Managers, product management and product leads have different pay scales, as shown below.
| Manager, Product Management | Product Lead | |
| Average salary | $123,250 | $118,828 |
| Salary range | Between $93,000 And $163,000 | Between $86,000 And $163,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Airbnb |
| Best paying industry | Start-up | Hospitality |
There are a few differences between a manager, product management and a product lead in terms of educational background:
| Manager, Product Management | Product Lead | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Wisconsin - Madison | University of Georgia |
Here are the differences between managers, product management' and product leads' demographics:
| Manager, Product Management | Product Lead | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.0% Female, 38.0% | Male, 71.1% Female, 28.9% |
| 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% |