Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior managers, product development and senior product 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 senior product manager. Additionally, a senior product manager has an average salary of $133,868, 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 senior product manager are product management, cloud, and product strategy.
| Senior Manager, Product Development | Senior Product Manager | |
| Yearly salary | $128,407 | $133,868 |
| Hourly rate | $61.73 | $64.36 |
| Growth rate | 10% | 10% |
| Number of jobs | 192,651 | 119,025 |
| Job satisfaction | - | 4 |
| 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 senior product manager oversees the workflow and workforce involved in product and service development, ensuring a high return for its investments. They are primarily responsible for assessing and providing recommendations, producing review and reference documents, and obtaining feedback from consumers and high-ranking company personnel. Furthermore, as a senior product manager, they must lead a group of product managers, motivating and supervising them in their joint effort to accomplish goals according to the company's standards and policies.
Senior managers, product development and senior product managers have different pay scales, as shown below.
| Senior Manager, Product Development | Senior Product Manager | |
| Average salary | $128,407 | $133,868 |
| Salary range | Between $95,000 And $172,000 | Between $98,000 And $182,000 |
| Highest paying City | Woonsocket, RI | San Francisco, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Credit Karma | Roku |
| Best paying industry | Professional | Start-up |
There are a few differences between a senior manager, product development and a senior product manager in terms of educational background:
| Senior Manager, Product Development | Senior Product 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 senior product managers' demographics:
| Senior Manager, Product Development | Senior Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 68.5% Female, 31.5% |
| 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% |