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The differences between senior managers, product management and senior managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a senior manager, product management, becoming a senior manager takes usually requires 4-6 years. Additionally, a senior manager, product management has an average salary of $137,551, which is higher than the $118,906 average annual salary of a senior manager.
The top three skills for a senior manager, product management include product management, SR and product development. The most important skills for a senior manager are analytics, project management, and portfolio.
| Senior Manager, Product Management | Senior Manager | |
| Yearly salary | $137,551 | $118,906 |
| Hourly rate | $66.13 | $57.17 |
| Growth rate | 10% | 6% |
| Number of jobs | 204,090 | 372,801 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A senior product manager is responsible for handling the product management processes, identifying product improvement strategies, and launching the product brand on various market and media platforms. Senior product managers work closely with the marketing and public relations team to promote product releases through digital content publishing, media interviews, and social events. They also coordinate with the clients on progress updates, provide statistical analysis, and inform them of any adjustments on product development procedures. A senior product manager should have excellent critical-thinking and organizational skills in implementing and expanding product awareness to the public within budget goals and set timeframes.
A senior manager is responsible for directing the overall efficiency of business operations. Senior managers monitor the performance of the staff, improve operational strategies, identify business opportunities, allocate budgets and resources, present reports to senior management, set goals to drive results on increasing the company's revenues and profitability. Senior managers must coordinate with various operations departments to maintain good feedback for the company, meeting client's expectations, and delivering the best results. They should have excellent communication and leadership skills to handle team members, as well as managing their needs and concerns.
Senior managers, product management and senior managers have different pay scales, as shown below.
| Senior Manager, Product Management | Senior Manager | |
| Average salary | $137,551 | $118,906 |
| Salary range | Between $102,000 And $185,000 | Between $86,000 And $163,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | New Jersey |
| Best paying company | Coinbase | Cornerstone Research |
| Best paying industry | Retail | Professional |
There are a few differences between a senior manager, product management and a senior manager in terms of educational background:
| Senior Manager, Product Management | Senior Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between senior managers, product management' and senior managers' demographics:
| Senior Manager, Product Management | Senior Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 72.5% Female, 27.5% | Male, 67.5% Female, 32.5% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |