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The differences between senior managers, product development and development 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 manager, product development and a development manager. Additionally, a senior manager, product development has an average salary of $128,407, which is higher than the $110,678 average annual salary of a development manager.
The top three skills for a senior manager, product development include project management, product development and product management. The most important skills for a development manager are project management, customer service, and patients.
| Senior Manager, Product Development | Development Manager | |
| Yearly salary | $128,407 | $110,678 |
| Hourly rate | $61.73 | $53.21 |
| Growth rate | 10% | 10% |
| Number of jobs | 192,651 | 111,137 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior manager of product development is in charge of overseeing the efforts put into designing and manufacturing products, including quality control operations. Their responsibilities revolve around coordinating with different departments to gather data, performing research and analysis to assess existing procedures, and devising strategies to optimize processes. They may also set goals and schedules, produce progress reports, and spearhead the development of new products and services. Furthermore, as a senior manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract. Development managers usually arrange meetings with clients, analyze business opportunities, improve marketing initiatives to attract clients, research the industry's latest trends, create proposals, and assist in training new staff members. A development manager must have excellent communication and leadership skills to handle staff performance and build professional relationships with clients.
Senior managers, product development and development managers have different pay scales, as shown below.
| Senior Manager, Product Development | Development Manager | |
| Average salary | $128,407 | $110,678 |
| Salary range | Between $95,000 And $172,000 | Between $76,000 And $159,000 |
| Highest paying City | Woonsocket, RI | Richmond, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Credit Karma | Akin Gump Strauss Hauer & Feld |
| Best paying industry | Professional | Technology |
There are a few differences between a senior manager, product development and a development manager in terms of educational background:
| Senior Manager, Product Development | Development Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior managers, product development' and development managers' demographics:
| Senior Manager, Product Development | Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 60.5% Female, 39.5% |
| 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% |