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The differences between senior technical product managers and product owners 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 owner. Additionally, a senior technical product manager has an average salary of $132,810, which is higher than the $97,070 average annual salary of a product owner.
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 owner are user stories, acceptance criteria, and product backlog.
| Senior Technical Product Manager | Product Owner | |
| Yearly salary | $132,810 | $97,070 |
| Hourly rate | $63.85 | $46.67 |
| Growth rate | 10% | 10% |
| Number of jobs | 188,496 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| 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.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Senior technical product managers and product owners have different pay scales, as shown below.
| Senior Technical Product Manager | Product Owner | |
| Average salary | $132,810 | $97,070 |
| Salary range | Between $97,000 And $180,000 | Between $71,000 And $130,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | The Citadel | ORIX USA |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a senior technical product manager and a product owner in terms of educational background:
| Senior Technical Product Manager | Product Owner | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| 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 owners' demographics:
| Senior Technical Product Manager | Product Owner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 75.3% Female, 24.7% | Male, 64.3% Female, 35.7% |
| 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% |