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The differences between senior group managers and pricing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior group manager and a pricing manager. Additionally, a senior group manager has an average salary of $125,188, which is higher than the $109,525 average annual salary of a pricing manager.
The top three skills for a senior group manager include risk management, SR and project management. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Senior Group Manager | Pricing Manager | |
| Yearly salary | $125,188 | $109,525 |
| Hourly rate | $60.19 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 135,804 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior group manager's role is to spearhead and oversee group operations, ensuring everything runs smoothly and efficiently. They are in charge of setting objectives and guidelines, establishing schedules, managing groups, delegating responsibilities among staff, and reviewing reports from different teams, addressing issues and concerns should there be any. There are also instances when they must produce regular reports, liaise with external parties, and conduct assessments. Moreover, as a senior group manager, they lead and encourage teams to reach goals, all while working together with junior managers in implementing company policies and regulations.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Senior group managers and pricing managers have different pay scales, as shown below.
| Senior Group Manager | Pricing Manager | |
| Average salary | $125,188 | $109,525 |
| Salary range | Between $86,000 And $181,000 | Between $80,000 And $149,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | Oregon | Arizona |
| Best paying company | Citi | McKinsey & Company Inc |
| Best paying industry | Finance | Technology |
There are a few differences between a senior group manager and a pricing manager in terms of educational background:
| Senior Group Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior group managers' and pricing managers' demographics:
| Senior Group Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.1% Female, 34.9% | Male, 57.8% Female, 42.2% |
| 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% |