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The differences between vice presidents of engineering and vice presidents product development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president of engineering, becoming a vice president product development takes usually requires 8-10 years. Additionally, a vice president product development has an average salary of $168,835, which is higher than the $150,651 average annual salary of a vice president of engineering.
The top three skills for a vice president of engineering include architecture, cloud and infrastructure. The most important skills for a vice president product development are product development, R, and analytics.
| Vice President Of Engineering | Vice President Product Development | |
| Yearly salary | $150,651 | $168,835 |
| Hourly rate | $72.43 | $81.17 |
| Growth rate | 2% | 10% |
| Number of jobs | 92,133 | 180,783 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Average age | 48 | 39 |
| Years of experience | - | 10 |
A Vice President Of Engineering manages all aspects of the company's engineering product development activities. They are responsible for strategic planning, production designing, quality assurance, and problem resolution.
A vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
Vice presidents of engineering and vice presidents product development have different pay scales, as shown below.
| Vice President Of Engineering | Vice President Product Development | |
| Average salary | $150,651 | $168,835 |
| Salary range | Between $97,000 And $233,000 | Between $109,000 And $259,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | ||
| Best paying industry | Technology | Technology |
There are a few differences between a vice president of engineering and a vice president product development in terms of educational background:
| Vice President Of Engineering | Vice President Product Development | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Most common major | Electrical Engineering | Business |
| Most common college | University of Michigan - Ann Arbor | University of Georgia |
Here are the differences between vice presidents of engineering' and vice presidents product development' demographics:
| Vice President Of Engineering | Vice President Product Development | |
| Average age | 48 | 39 |
| Gender ratio | Male, 93.0% Female, 7.0% | Male, 78.1% Female, 21.9% |
| Race ratio | Black or African American, 3.1% Unknown, 4.7% Hispanic or Latino, 9.0% Asian, 13.6% White, 69.4% 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 | 9% | 10% |