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The differences between product engineering managers and product managers lead 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 lead takes usually requires 8-10 years. Additionally, a product manager lead has an average salary of $138,531, which is higher than the $125,592 average annual salary of a product engineering 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 lead are architecture, QA, and product management.
| Product Engineering Manager | Product Manager Lead | |
| Yearly salary | $125,592 | $138,531 |
| Hourly rate | $60.38 | $66.60 |
| Growth rate | 2% | 10% |
| Number of jobs | 148,619 | 110,157 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| 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 lead is responsible for supervising the development and strategic launch of the company's products from conceptualization to final market release. Product managers work closely with the marketing and sales team to identify efficient promotional techniques to enhance the brand's image across the market and develop outstanding features according to trends and public demands. They also handle media commitments and press releases and maximize product vision. A product manager lead directs the budgeting and sales forecasting, ensuring that the process adheres to budget limitations and deadlines.
Product engineering managers and product managers lead have different pay scales, as shown below.
| Product Engineering Manager | Product Manager Lead | |
| Average salary | $125,592 | $138,531 |
| Salary range | Between $90,000 And $174,000 | Between $99,000 And $192,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Airbnb | The Walt Disney Company |
| Best paying industry | Technology | Start-up |
There are a few differences between a product engineering manager and a product manager lead in terms of educational background:
| Product Engineering Manager | Product Manager Lead | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| 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 lead' demographics:
| Product Engineering Manager | Product Manager Lead | |
| Average age | 48 | 39 |
| Gender ratio | Male, 91.7% Female, 8.3% | Male, 69.4% Female, 30.6% |
| 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% |