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The differences between managers, product management and product management directors 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 management director. Additionally, a product management director has an average salary of $156,724, which is higher than the $123,250 average annual salary of a manager, product management.
The top three skills for a manager, product management include product management, healthcare and project management. The most important skills for a product management director are product management, product strategy, and cloud.
| Manager, Product Management | Product Management Director | |
| Yearly salary | $123,250 | $156,724 |
| Hourly rate | $59.25 | $75.35 |
| Growth rate | 10% | 10% |
| Number of jobs | 188,083 | 170,460 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| 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 Management Director is responsible for a business product planning as well as execution throughout the life cycle of the business. They create the product strategy and requirements, develop and execute tactical plans, and maintain product and market knowledge.
Managers, product management and product management directors have different pay scales, as shown below.
| Manager, Product Management | Product Management Director | |
| Average salary | $123,250 | $156,724 |
| Salary range | Between $93,000 And $163,000 | Between $112,000 And $219,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Meta |
| Best paying industry | Start-up | Technology |
There are a few differences between a manager, product management and a product management director in terms of educational background:
| Manager, Product Management | Product Management Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| 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 management directors' demographics:
| Manager, Product Management | Product Management Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.0% Female, 38.0% | Male, 77.1% Female, 22.9% |
| 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% |