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The differences between software 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 software 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 $110,785 average annual salary of a software product manager.
The top three skills for a software product manager include product management, software products and software development. The most important skills for a vice president, product management are product management, analytics, and product strategy.
| Software Product Manager | Vice President, Product Management | |
| Yearly salary | $110,785 | $183,231 |
| Hourly rate | $53.26 | $88.09 |
| Growth rate | 10% | 10% |
| Number of jobs | 126,167 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Software product managers are individuals who lead and handle products from their inception to their phase-out. The managers establish customer value and carry out measurable benefits for business. They translate data from the discovery phase into product requirements. Understanding technology, expertise in the field, technical skills are necessary to become successful in this job. They analyze competition in the market and the factors that make it valuable.
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.
Software product managers and vice presidents, product management have different pay scales, as shown below.
| Software Product Manager | Vice President, Product Management | |
| Average salary | $110,785 | $183,231 |
| Salary range | Between $78,000 And $155,000 | Between $127,000 And $262,000 |
| Highest paying City | Palo Alto, CA | San Francisco, CA |
| Highest paying state | California | Alaska |
| Best paying company | Meta | Okta |
| Best paying industry | Automotive | Start-up |
There are a few differences between a software product manager and a vice president, product management in terms of educational background:
| Software 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 software product managers' and vice presidents, product management' demographics:
| Software Product Manager | Vice President, Product Management | |
| Average age | 39 | 39 |
| Gender ratio | Male, 75.4% Female, 24.6% | 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% |