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The differences between senior product managers and directors of product development 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 product manager and a director of product development. Additionally, a director of product development has an average salary of $140,507, which is higher than the $133,868 average annual salary of a senior product manager.
The top three skills for a senior product manager include product management, cloud and product strategy. The most important skills for a director of product development are product development, project management, and product management.
| Senior Product Manager | Director Of Product Development | |
| Yearly salary | $133,868 | $140,507 |
| Hourly rate | $64.36 | $67.55 |
| Growth rate | 10% | 10% |
| Number of jobs | 119,025 | 175,429 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.
Senior product managers and directors of product development have different pay scales, as shown below.
| Senior Product Manager | Director Of Product Development | |
| Average salary | $133,868 | $140,507 |
| Salary range | Between $98,000 And $182,000 | Between $100,000 And $196,000 |
| Highest paying City | San Francisco, CA | San Mateo, CA |
| Highest paying state | California | California |
| Best paying company | Roku | Apple |
| Best paying industry | Start-up | Manufacturing |
There are a few differences between a senior product manager and a director of product development in terms of educational background:
| Senior Product Manager | Director Of Product Development | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior product managers' and directors of product development' demographics:
| Senior Product Manager | Director Of Product Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 68.5% Female, 31.5% | Male, 72.0% Female, 28.0% |
| 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% |