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The differences between product engineering managers and product managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a product engineering manager, becoming a product manager takes usually requires 8-10 years. Additionally, a product engineering manager has an average salary of $125,592, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a product engineering manager include project management, product management and product engineering. The most important skills for a product manager are product management, QA, and product strategy.
| Product Engineering Manager | Product Manager | |
| Yearly salary | $125,592 | $111,729 |
| Hourly rate | $60.38 | $53.72 |
| Growth rate | 2% | 10% |
| Number of jobs | 148,619 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Average age | 48 | 39 |
| Years of experience | - | 10 |
A product engineering manager is primarily in charge of overseeing the development of products and procedures, ensuring efficiency and smooth workflow. In a manufacturing setting, their responsibilities include setting objectives, managing the budgets and schedules, coordinating engineers and specialists, implementing solutions in vulnerable areas, and developing strategies to optimize procedures. They must also monitor the progress of processes, resolving any issues promptly and efficiently. Furthermore, as a product engineering manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Product engineering managers and product managers have different pay scales, as shown below.
| Product Engineering Manager | Product Manager | |
| Average salary | $125,592 | $111,729 |
| Salary range | Between $90,000 And $174,000 | Between $81,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Airbnb | Meta |
| Best paying industry | Technology | Retail |
There are a few differences between a product engineering manager and a product manager in terms of educational background:
| Product Engineering Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Most common major | Mechanical Engineering | Business |
| Most common college | University of Michigan - Ann Arbor | University of Georgia |
Here are the differences between product engineering managers' and product managers' demographics:
| Product Engineering Manager | Product Manager | |
| Average age | 48 | 39 |
| Gender ratio | Male, 91.7% Female, 8.3% | Male, 65.3% Female, 34.7% |
| Race ratio | Black or African American, 2.9% Unknown, 4.6% Hispanic or Latino, 8.3% Asian, 14.8% White, 69.3% 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 | 9% | 10% |