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The differences between senior technical product managers and 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 technical product manager and a product manager. Additionally, a senior technical product manager has an average salary of $132,810, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a senior technical product manager include product management, technical product and product vision. The most important skills for a product manager are product management, QA, and product strategy.
| Senior Technical Product Manager | Product Manager | |
| Yearly salary | $132,810 | $111,729 |
| Hourly rate | $63.85 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 188,496 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior technical product manager is in charge of spearheading the development of product roadmaps and devising strategies to optimize a company's manufacturing processes. They typically assess existing systems and perform maintenance checks, set goals and budgets, utilize the feedback from consumers to improve products, and ensure that all operations are within schedules. Furthermore, as a manager, it is essential to lead and encourage teams to reach goals, all while implementing the company's policies and regulations.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Senior technical product managers and product managers have different pay scales, as shown below.
| Senior Technical Product Manager | Product Manager | |
| Average salary | $132,810 | $111,729 |
| Salary range | Between $97,000 And $180,000 | Between $81,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | The Citadel | Meta |
| Best paying industry | Technology | Retail |
There are a few differences between a senior technical product manager and a product manager in terms of educational background:
| Senior Technical Product Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior technical product managers' and product managers' demographics:
| Senior Technical Product Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 75.3% Female, 24.7% | Male, 65.3% Female, 34.7% |
| 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% |