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The differences between research and development managers and product engineering managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a research and development manager and a product engineering manager. Additionally, a product engineering manager has an average salary of $125,592, which is higher than the $117,507 average annual salary of a research and development manager.
The top three skills for a research and development manager include R, customer service and project management. The most important skills for a product engineering manager are project management, product management, and product engineering.
| Research And Development Manager | Product Engineering Manager | |
| Yearly salary | $117,507 | $125,592 |
| Hourly rate | $56.49 | $60.38 |
| Growth rate | 2% | 2% |
| Number of jobs | 125,447 | 148,619 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| Average age | 48 | 48 |
| Years of experience | - | - |
A research and development manager is responsible for supervising project development procedures to support business operations and identify business opportunities that would pave the way for more revenue resources and profits. Research and development managers monitor the production plans from the conceptualization to the final outputs, inspecting inconsistencies and flaws in every phase and revising strategies as needed to achieve the required specifications and requirements. They delegate tasks to the staff, oversee progress, and conduct research and development programs to maximize productivity and team efforts.
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.
Research and development managers and product engineering managers have different pay scales, as shown below.
| Research And Development Manager | Product Engineering Manager | |
| Average salary | $117,507 | $125,592 |
| Salary range | Between $78,000 And $174,000 | Between $90,000 And $174,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Meta | Airbnb |
| Best paying industry | Professional | Technology |
There are a few differences between a research and development manager and a product engineering manager in terms of educational background:
| Research And Development Manager | Product Engineering Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| Most common major | Chemistry | Mechanical Engineering |
| Most common college | University of Michigan - Ann Arbor | University of Michigan - Ann Arbor |
Here are the differences between research and development managers' and product engineering managers' demographics:
| Research And Development Manager | Product Engineering Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 91.7% Female, 8.3% |
| Race ratio | Black or African American, 2.9% Unknown, 4.5% Hispanic or Latino, 8.0% Asian, 17.9% White, 66.5% American Indian and Alaska Native, 0.2% | 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% |
| LGBT Percentage | 9% | 9% |