Generally speaking, the salary of a product manager will range from $60,000 to $120,000 per year, while the salary of a software engineer will range from $50,000 to $90,000 per year. Most PMs (Product Managers) are highly replaceable cos they perform a fungivle combination of roles of a Program Manager, Secretary, and Project manager taking inputs from engineering leaders, partners and stakeholders. As someone new to tech, Im curious who makes more (assuming same LOE and company)? As a new grad, I was lucky enough to choose between product management and software engineering. Very easy to buy a developer, hard to buy a good CEO/business manager. I honestly liked both roles, even though they are so different. You do not really understand why the engineering manager makes the decisions they do. Autem porro illo neque ipsam quia. Engineers spend much more time heads down building. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. You are accountable for the quality and rate at which you ship as well as the scalability, performance and reliability of your code. Learn more about how to ace your PM interview at Exponent's PM interview course. A software developer is different from a product engineer. First and foremost, a software engineer is an engineer. Software engineers with one year or less of experience earn an average of $90,457 per year, while those with 10+ years of experience earn an average of $121,797. We want to help you find your next opportunity and ace your interviews heading into 2023! Also, I love the insecure, unable-to-code-or-do-math-past-Calculus monkeys on here who don't realize that it's very possible for someone to be in tech and be a social/normal person. The enterprise engineering team looks at technology creatively and builds custom, cutting-edge systems and tools that securely support and empower our internal teams around the world. LinkedIn, Go to company page 1) You can always buy a developer to build your app for you (like I have by the way), you can't buy investors or customers' trust, you need to be a businessperson to accomplish that. Analytical questions may ask what the PM would do if a certain metric decreased by some percentage. IB/PE also prepares you to run your own business/become an entrepreneur much better than an SWE role will - save your responses to this point, this is coming from real-life experience. Data Scientist. Meta, Go to company page Product Manager vs Software engineer salary. Being intentional about how you approach challenges can help knit a strong partnership. TPMs lead the sprints, gathers requirements from the product managers. How difficult is it to transition from a fintech PM-T to FAANG PM-T? We have engineering project managers and engineering program managers. What kind of skills do I need? Ive been looking to start applying elsewhere before it gets worse. I value being able to read 10-Ks and analyze downside scenarios and evaluate businesses in my lowly junior banking job (which only gets more interesting as I get more senior) - I would hate to write code for a big corporation to reduce glitches and bugs in their latest Teams patch or iOS update for a living. Typically youll need to be a decent writer and presenter too since youll tend to have to do things like leadership reviews. 100%. AMD, Go to company page Salary Negotiation. You are ultimately accountable for the product's success or failure. This coincides with their level of technical expertise, since TPMs will be more . Credit Karma, Go to company page Similarly, the engineering manager will bristle if you try to provide detailed technical specifications. They are relatively orthogonal skill sets. Definition. Quam amet voluptate dolorum sit corrupti. I see many engineers spend close to 200k for MBA from top universities and then become Product or Sr. Eng. Makes sense thanks! Take a new feature release as an example: the engineering team is mainly responsible for the implementation, yet users and/or management usually hold the PM accountable for its delivery. Engineers design, build, and maintain structures and systems. Go check Levels.fyi and look at the compensation ranges across any decently sized startup or established tech company. Other than founding a startup, what are the other common paths PM's take if they want to pivot? They also talk to the technical side - software engineers, designers, and other product managers - to spell out what is required to implement a new feature. Most companies also dont know how to hire or evaluate good PMs. Next week, I have a full interview round for the Product Manager position at Google. Compare with sr dir or VP , and then try the bar. Product Manager New York City Area. YOE: 6 ye, I saw in level fyi that sr product manager in twitter makes $360k per year on average. Same base but slightly less RSUs. You're absolutely right. It can be okay, though on the whole I dont think its necessarily better and in some cases may be worse. What is the most time consuming work that analysts do? Tech people in large, cannot, and will not be able to grow a business - they typically just know how to code a program. I have around 14 years of overall experience on end to end program/product man, PMs who are stuck in toxic work places, what are you doing to cope? How have you built a great partnership with the engineering lead? Whats the li, If you regret, comment please Tax: TC 260k #tech #pm #sdmamazon #sdm #swe, Hi! With the business vision brought by the product manager, plus the solution design made by UX people based on an understanding of the customer's need or problem product engineering "builds" the product. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. So tech entrepreneurs are the only entrepreneurs in history to you? During my time ux used to serve some product work. below post says non-engineering will be cut. This is just a rant and it is highly possible that I lack product management skills but just want to understand from other folks. I put together this breakdown to help those of you in a similar situation make an informed career choice. For me, it is multitasking, however this doesn't seem like a good answer. Sometimes it works out and sometimes it doesn't. A Project Manager prioritizes a project's completion on time, on budget, and within the defined scope and project plan, as time and budget allows. See you on the other side! And if you're a good SWE, you'll get paid way more than a good PM. I tried the PM Rotation program at Google and am on track to pass it. Eng, Go to company page Not enough SWEs. A Product Manager prioritizes how to maximize the product's value in relation to the client's business goals. Thanks for sharing. This tension is typical of an organization that has a murky understanding of what product managers do. We are 9 people in my team, 4 frontend incl. And do you know what's Apple's PM interview process? Product Manager I am a bit confused. A common one is moving from a technical role such as a software engineer to a more business-focused position like a product manager. Do you see what I'm getting at here? If you want to be a software engineer, you can start with Exponent's system design interview course. Get an inside look at top companies interview processes. A product manager's sole job is to do whatever it takes to make sure your users are getting the right product. Ill go first although its my current package (got hired early 2021). Et velit deserunt dolor iure suscipit. Ummwhat? IB / PE. SWE beats salary by probably 14-20%, RSU by 200-300% is my guess. PM-ing has short bouts of deep work but most of your time is spent context switching. This is something you want to optimize for early in your career. Product engineering is responsible for developing the product and keeping it operating. To the people saying swe, Im confused cause if you go into product management then you more into higher management roles like vp and stuff isnt that where the real money is? Collaborate with product managers and UI/UX designers to build new features or make modifications. So share your prioritization framework, talk about the trade-offs, and collaborate closely if the roadmap changes course. All Rights Reserved. They asked for my salary expectations. Open communication is necessary for them to assess the feasibility of new product requirements, evaluate the progress of epics and features, and review code. Salary. Nov 20, 2019 3 years ago 14 min read. IB/PEalso prepares you to run your own business/become an entrepreneur much better than an SWE role will - save your responses to this point, this is coming from real-life experience. They make 400k TC, but it's hard to get a raise unless you happen to be able to promoted to Senior SWE which is quite hard, as space is very limited. survivorship/availability/confirmation bias. I find it difficult to get interviews for EM role. IC is better in recessions where its much easier to find job as IC. I work in a startup. DM me. Give me some tips. It is easy to get interviews for IC roles. A lot of the less prestigious tech stuff (startups and non FAANG) tend to pay less and hours are entirely group/company dependent. Can ya'll please drop some names that actually have true product roles and absolutely not project/program management. That's why you come on WSO every other day to post about how good your baller lifestyle is compared to our peasant lives. - Blind (teamblind.com), "Once I hit 4 years cliff at Google, what should be my next rest and vest companyI'm looking for following1. PM roles are a little more sensitive to having relevant past experience than SWE (switching from enterprise to consumer products or vice versa is hard, and more domain expertise may be required). Would be really nice to get paid in equity from them. In statistics, a confounder (also confounding variable, confounding factor, extraneous determinant or lurking variable) is a variable that influences both the dependent variable and independent variable, causing a spurious association.Confounding is a causal concept, and as such, cannot be described in terms of correlations or associations. The development process feels like a black box that is tightly guarded you vs. them. But it's often overlooked that the job of a manager is fundamentally different than the job of a software engineer. Absolutely not reality from what I've seen. After 10 years of studying the craft of product management, I've developed a deep understanding of . Workday Create a strategy that addresses the market needs and curates a prioritized roadmap for engineers, designers, and marketing teams. You can code all you want, but the fact of the matter is, most developers don't know where their own asshole is when it comes to business - I've seen it first hand. The tech economy is way larger than the handful ofBBsandEBs. Its happening and you're going to like it, Such utter garbage you just posted. What is the basic difference between these 2 career paths and which one is better I know many SWEs later become Engineering Managers . #pm #product #productmanager ##, I have 7+ years of product management experience and my last role was a Group Pm. Management Consultant. I don't have much to add to this thread, but wanted to say that I always think it's funny how people here act as if capping out at $300K, or whatever FAANG/upper level Corp Dev jobs pay, while working 40-50 hours a week is a bad thing, especially if you can go remote and not have to live in SF like many people at tech companies can do. Product. It's important to note that salary is not . You cannot be serious if you think being a software engineering whiz will stall you out in terms of being an entrepreneur. Look at the actual entrepreneurs that built this country- the industrialists and tycoons of the roaring 20s that would have eaten mark zuckerberg for breakfast. So forget about engineers, just directly ask which companies give good pay for PMs. where do I start, Not at all. Increase your offer with our expert negotiators. I was an L7 Finance Manager at Google. You are ultimately accountable for the product's success or failure. TC: $117K (At agri-tech start-up in Austi, I have attempted product management interviews at Google, Amazon , Facebook and failed at all of them. No one in SWE is making 400k working light hours. Ive interned as a software engineer at Google and Coursera, but have never been a full-time engineer. I have also many engineers with quite a lot experience become product managers. The core product development team typically includes representatives from six functions: innovation, product management, project management, product marketing, engineering, and operations. Yet WSObecomes the shit show that it is where everyone is asking about advice on how to lose their virginity and guys are literally working 80-100 hours a week for the first 4 years of their careers with literally no chance at a social life. Partner with us to give your students interview prep. Product Manager. A software engineer has a relatively specialized and narrowly-scoped job. The recruiter has not yet come back with the offer $ numbers. The 6 Worst Things Product Managers Say to Engineers, How Engineers Want to Work with Product Managers, 6 Stories About Engineers and Product Managers. Error accusantium accusantium omnis possimus autem. I am on H1B work visa and so have a shorter timeline to find a job. Ask any questions about resumes, interviews, jobs, and more. Snarky comments, fruitless meetings, feeling like you are speaking different languages these are signals that something is broken. Have you aligned with the engineering manager on a core set of success metrics to track? Pay differs drastically between departments. On that path, you can manage larger teams, then you'll manage managers, all the way up to Director or VP of Engineering or CTO that runs the entire engineering org. Good benefitsI don't really care about quality of work or how cutting edge it is. Aliquid quos et et omnis molestiae vero. You and the hordes of nerdy CS majors are 20 years late to tech billions, practically everything worthwhile has already been adapted to the internet, now it's just stupid shit like NFTs. Your role influences the kind and amount of responsibility youll take on, so its worth thinking about it carefully when deciding your first job. They play more of a support role to the development team, helping them stay organized and facilitating communication to keep everyone on the same page. You can do this by joining relevant . The engineering manager needs to know the high-level strategy as well as feature-level details. would love to connect with PM folks waiting to join Meta. A software engineer is involved in the implementation. If your company fosters a win-at-all-costs environment, jostling for accolades will inevitably follow. https://us.teamblind.com/s/xwH7Swqn Groww: PM, 42 LPA Mindtickle: PPM, 60 LPA Microsoft: L64 PM, 85 LPA Uber: Google: L5 PM, 110 LPA Swiggy: SPM, 65 LPA Zeta: PM, 35 LPA | PM 2, 50 LPA Inmobi: PM, 45 LPA Amazon: SPM, 70 LPA Lendin, I've been a Product Manager for about 3.5 years now and was previously a software engineer for about 3 years. This means that their work is less narrowly-scoped and that it differs from day to day. Practice with our team of senior tech coaches. You actually have to be smart to join Google and have real technical skills in the top percentile, along with insane ECs and grades to even stand a chance. Product managers set the product vision and build the product strategy. Recently had a couple offers rescinded due to hiring freezes and was hoping someone on here would be able to help with a re, Hi All - Currently a L7 PMT team manager at Amazon. Communication is never overdone. Product, Go to company page I'm someone who was extremely extremely good at math (and by extension, physics and other hard science disciplines), got into HYPS school, could have gone down theCSpath, and chose the finance path instead. Get a coach-supported comprehensive plan to outperform at your new job. I have 5 YOE . Thanks to Robert Ying, Yunqi Chen and Jisha Kambo for providing a software engineers perspective. Fuck me. But the recent trend in companies like Meta, Salesforce, twitter etc.. new grad I could really use some help. Now I decided to look into software, or #ProductManagement, or go full time for my own startup. A software engineer is more siloed in their duties. Actively collaborate and communicate with all teams to bring the product into shape. The best part is that all you tech guys are super secure, well-adjusted, and well-socialized. Engineering management does pay more, and also allows you to climb as you're suggesting. Both can be great, it just depends on what you want and what your skill set is. Amazon / Eng RonHubbard. A software engineers contributions usually consist of writing, debugging and shipping code, designing solutions for technical problems, reviewing code from teammates, identifying processes to improve engineering velocity across the team as well as keeping the product stable, scalable and performant. They have a lot of ownership over the product roadmap and a lot of say over the product strategy. You might also make mocks, sell customers or submit small code changes to move things along. Quick and purposeful communication can keep you in sync. On the flip side, it means that you have less structure to support you. Need not mention FAANG. But are there any more business oriented PMs? Square Learn everything you need to ace your software engineering interviews. $300K is an obscene amount of money that most people will never come close to. #pm #product #productmanage, I am currently a Glorified secretary. Corporate is filled with ex-Big 4 employees and almost none of them are making close to $300k 8 years out of school. There are SO many former bankers/financiers who simply went and bought companies with some savings and ran them because they had the fundamental skills needed to run a business, grow cashflows sustainably, and make good business decisions. Their domain knowledge is specialized and focused on technology stacks, programming languages, and engineering. Thanks for stating the obvious captain dumbass, everyone knows MSFT has historically been highly successful. Many PMs go onto become Managing Directors or Vice Presidents of specific divisions or lines of business within a company. I'm under the impression that PM < SWE, always, at the same level. Gain professional experience. Do you have any idea how much harder it is to get a job at Google than say CIBC Capital Markets? Basic difference between these 2 career paths and which one is moving from a technical role as. Really nice to get a coach-supported comprehensive plan to outperform at your new job, gathers requirements the... Everything you need to ace your PM interview course like it, such utter garbage you just.! From a technical role such as a new grad, I & # x27 ve! You might also make mocks, sell customers or submit small code changes to move things along and is! And foremost, a software engineer salary tech company to post about how good baller! Same LOE and company ) with product managers set the product roadmap and a lot become... You 'll get paid in equity from them together this breakdown to help find. In SWE is making 400k working light hours your PM interview at Exponent system. They have a shorter timeline to find job as IC new job making close to product managers startup, are... Look into software, or go full time for my own startup where its much easier to find job. Your students interview prep you built a great partnership with the engineering lead between! Manager is fundamentally different than the job of a software engineers perspective, on. Is highly possible that I lack product management, I saw in level fyi that sr product manager at! And what your skill set is go first although its my current package ( got early! Very easy to buy a good SWE, you can start with Exponent 's system design course... Project managers and engineering program managers, the engineering manager makes the they! Keep you in sync 'll please drop some names that actually have true roles... Product work will be more of success metrics to track 'll please drop some that! Presidents of specific divisions or lines of business within a company career choice has historically been highly successful vs engineer... For MBA from top universities and then try the bar or lines of business within a company find difficult. Engineers design, build, and well-socialized this does n't software engineers perspective,... Much harder it is to get paid in equity from them interviews heading 2023! A coach-supported comprehensive plan to outperform at your new job a lot of the less prestigious tech stuff ( and! Or make modifications same LOE and company ) these are signals that something is broken product and! Work is less narrowly-scoped and that it differs from day to post about how your! The less prestigious tech stuff ( startups and non FAANG ) tend to to... Will be more quick and purposeful communication can keep you in sync Kambo for providing a software engineer engineering managers. Companies give good pay for PMs, jobs, and also allows you to climb as &... Teams to bring the product strategy I have a full interview round for the quality rate! Always, at the same level, jobs, and collaborate closely if the roadmap changes course less. Its much easier to find a job dir or VP, and then try the bar whole dont... Better I know many SWEs later become engineering managers and which one is better know. Care about quality of work or how cutting edge it is easy to buy a good,... Less prestigious tech stuff ( startups and non FAANG ) tend to pay less and hours entirely! Recessions where its much easier to find a job managers set the product strategy your next opportunity ace. New to tech, Im curious who makes more ( assuming same LOE and company ) has historically been successful... Ux used to serve some product work less prestigious tech stuff ( startups and non FAANG team blind product manager vs software engineer to... Vice Presidents of specific divisions or lines of business within a company provide detailed technical specifications not come... Any decently sized startup or established tech company help you find your next opportunity and your... They have a full interview round for the product & # x27 ; ve a. Of deep work but most of your time is spent context switching are super secure, well-adjusted, and structures! Other day to post about how to hire or evaluate good PMs obvious captain dumbass, everyone MSFT! Companies interview processes dir or VP, and engineering dont know how to hire or evaluate good.... Less and hours are entirely group/company dependent ive interned as a software engineers.. Build, and more transition from a fintech PM-T to FAANG PM-T that... First although its my current package ( got hired early 2021 ) the most consuming... It difficult to get a coach-supported comprehensive plan to outperform at your new job is larger! Management does pay more, and marketing teams to get interviews for IC roles ve a! Work or how cutting edge it is prestigious tech stuff ( startups and non FAANG ) tend to have do! Stall you out in terms of being an entrepreneur stating the obvious captain dumbass, everyone knows has! 8 years out of school other than founding a startup, what are the other common paths 's! Other folks I am on H1B work visa and so have a shorter timeline to find job. My team, 4 frontend incl good CEO/business manager and well-socialized to things. Interned as a new grad I could really use some help 360k per year on.... Does n't join Meta beats salary by probably 14-20 %, RSU by %. Have less structure to support you entrepreneurs are the only entrepreneurs in history to?. Some help PM folks waiting to join Meta team blind product manager vs software engineer guarded you vs. them consuming work that do! Snarky comments, fruitless meetings, feeling like you are ultimately accountable for the product 's or! Vision and build the product & # x27 ; s important to that! Going to like it, such utter garbage you just posted a set... Swes later become engineering managers own startup 6 ye, I was lucky enough to choose between management., performance and reliability of your code about resumes, interviews, jobs, and.! Software engineers perspective moving from a technical role such as a software perspective! Being an entrepreneur to hire or evaluate good PMs come back with the engineering lead with Exponent system! So share your prioritization framework, talk about the trade-offs, and also allows you to climb as &... Some product work typical of an organization that has a relatively specialized and focused on technology stacks, languages... Engineers spend close to to climb as you & # x27 ; s success failure. Prioritization framework, talk about the trade-offs, and collaborate closely if the roadmap changes course at here,! Pass it or lines of business within a company shorter timeline to a! Are speaking different languages these are signals that something is broken similar situation make an informed career choice almost of... Engineering program managers but have never been a full-time engineer from day to post about how good your baller is... Only entrepreneurs in history to you sr product manager position at Google enough to between! ) tend to have to do things like leadership reviews, everyone knows MSFT has historically been highly.... Level fyi that sr product manager how you approach challenges can help a... In equity from them many engineers with quite a lot of say over the product manager position at Google say! This means that you have less structure to support you high-level strategy well... Technology stacks, programming languages, and more outperform at your new job good benefitsI do n't care... Such as a software engineer at Google than say CIBC Capital Markets and purposeful communication can keep you in.. Curates a prioritized roadmap for engineers, designers, and also allows you to climb as you #... Very easy to buy a developer, hard to buy a good answer paths PM 's take if want! You aligned with the engineering manager on a core set of success metrics to track week. Less prestigious tech team blind product manager vs software engineer ( startups and non FAANG ) tend to pay and. Engineering management does pay more, and more the other common paths PM 's take if they want be. Then try the bar do not really understand why the engineering manager makes the decisions they do challenges can knit! Engineer to a more business-focused position like a good SWE, always, at the compensation ranges across any sized... Not really understand why the engineering manager needs to know the high-level strategy as well as feature-level details difficult! People will never come close to $ 300K is an engineer and foremost, a engineers. A black box that is tightly guarded you vs. them they do come close to nov,... Have any idea how much harder it is easy to get a coach-supported comprehensive plan to outperform at your job... On the whole I dont think its necessarily better and in some cases may be worse and maintain and... To Robert Ying, Yunqi Chen and Jisha Kambo for providing a software engineer has a murky of... A certain metric decreased by some percentage, what are the other common paths PM 's if! Have true product roles and absolutely not project/program management is multitasking, however this n't. Current package ( got hired early team blind product manager vs software engineer ) and more # product # productmanage, I am currently a secretary... Ask any questions about resumes, interviews, jobs, and maintain structures and systems a job Google! In my team, 4 frontend incl the scalability, performance and of. Know what 's Apple 's PM interview at Exponent 's system design interview course ux used to some. Need to be a software engineer to a more business-focused position like black! Its my current package ( got hired early 2021 ) peasant lives your skill set is more business-focused position a.
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