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The differences between senior product managers and group 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 product manager and a group product manager. Additionally, a group product manager has an average salary of $155,050, 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 group product manager are product management, product vision, and product strategy.
| Senior Product Manager | Group Product Manager | |
| Yearly salary | $133,868 | $155,050 |
| Hourly rate | $64.36 | $74.54 |
| Growth rate | 10% | 10% |
| Number of jobs | 119,025 | 119,427 |
| 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 group product manager is responsible for leading teams on product development procedures according to business requirements and specifications, improving the brand image in the market, and generating revenues and profits out of sales performance. Group product managers strategize promotional techniques and marketing materials to advertise the product on various platforms and reach the target audience. A group product manager coordinates with the clients and senior product manager for progress updates, cost analysis, and adjusting business plans as needed.
Senior product managers and group product managers have different pay scales, as shown below.
| Senior Product Manager | Group Product Manager | |
| Average salary | $133,868 | $155,050 |
| Salary range | Between $98,000 And $182,000 | Between $112,000 And $213,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | California | California |
| Best paying company | Roku | Meta |
| Best paying industry | Start-up | Technology |
There are a few differences between a senior product manager and a group product manager in terms of educational background:
| Senior Product Manager | Group Product Manager | |
| 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 group product managers' demographics:
| Senior Product Manager | Group Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 68.5% Female, 31.5% | Male, 73.1% Female, 26.9% |
| 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% |