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The differences between senior technical product managers and vice presidents, product management 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 vice president, product management. Additionally, a vice president, product management has an average salary of $183,231, which is higher than the $132,810 average annual salary of a senior technical 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 vice president, product management are product management, analytics, and product strategy.
| Senior Technical Product Manager | Vice President, Product Management | |
| Yearly salary | $132,810 | $183,231 |
| Hourly rate | $63.85 | $88.09 |
| Growth rate | 10% | 10% |
| Number of jobs | 188,496 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| 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 vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
Senior technical product managers and vice presidents, product management have different pay scales, as shown below.
| Senior Technical Product Manager | Vice President, Product Management | |
| Average salary | $132,810 | $183,231 |
| Salary range | Between $97,000 And $180,000 | Between $127,000 And $262,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Alaska |
| Best paying company | The Citadel | Okta |
| Best paying industry | Technology | Start-up |
There are a few differences between a senior technical product manager and a vice president, product management in terms of educational background:
| Senior Technical Product Manager | Vice President, Product Management | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior technical product managers' and vice presidents, product management' demographics:
| Senior Technical Product Manager | Vice President, Product Management | |
| Average age | 39 | 39 |
| Gender ratio | Male, 75.3% Female, 24.7% | Male, 80.9% Female, 19.1% |
| 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% |