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The differences between senior managers, product development and product management directors 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 product management director. Additionally, a product management director has an average salary of $156,724, which is higher than the $128,407 average annual salary of a senior manager, product development.
The top three skills for a senior manager, product development include project management, product development and product management. The most important skills for a product management director are product management, product strategy, and cloud.
| Senior Manager, Product Development | Product Management Director | |
| Yearly salary | $128,407 | $156,724 |
| Hourly rate | $61.73 | $75.35 |
| Growth rate | 10% | 10% |
| Number of jobs | 192,651 | 170,460 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| 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 Product Management Director is responsible for a business product planning as well as execution throughout the life cycle of the business. They create the product strategy and requirements, develop and execute tactical plans, and maintain product and market knowledge.
Senior managers, product development and product management directors have different pay scales, as shown below.
| Senior Manager, Product Development | Product Management Director | |
| Average salary | $128,407 | $156,724 |
| Salary range | Between $95,000 And $172,000 | Between $112,000 And $219,000 |
| Highest paying City | Woonsocket, RI | San Francisco, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Credit Karma | Meta |
| Best paying industry | Professional | Technology |
There are a few differences between a senior manager, product development and a product management director in terms of educational background:
| Senior Manager, Product Development | Product Management Director | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior managers, product development' and product management directors' demographics:
| Senior Manager, Product Development | Product Management Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 77.1% Female, 22.9% |
| 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% |