I've been a TPM for 8 years now and wanna transition to Product Manager. Ea asperiores sunt optio commodi ut aut. At Meta for example its about 85% of SWE at the same band. SWE beats salary by probably 14-20%, RSU by 200-300% is my guess. Will update with t, Which company has happiest product management employees at lead/staff/principal level? Evaluate the efficiency and features of the software. #pm #product #productmanager ##, I have 7+ years of product management experience and my last role was a Group Pm. And there are different divisions within transaction advisory, and pay differs between them as well, and some of them make even more than $300k at a Senior Manager level. Neque et quam quisquam cumque numquam temporibus. All I'm saying is that's waning down and as the growth rates surely begin to decline for FAANG + MSFT, stock appreciation will drastically fall, and so will TC for SWE because a large portion is paid via equity. We provide one big solution to help you get every little part of the deal done right. Meta Observed that I am getting paid relatively way less as a Product Manager in comparison to software engineers on the same level. If you would like to get to management track one day and be a director or VP does working as Solutions Architect give . I have 15 years experience as a business analyst in the USA. A product manager is the person who identifies the customer need and the larger business objectives that a product or feature will fulfill, articulates what success looks like for a product, and rallies a team to turn that vision into a reality. No one is working together effectively. Yes, that's true they are different roles; however, I've found that the responsibilities bleed across more often than not. You all are like someone pointing to Big Oil and the extreme wealth of Rockefeller as a reason why you should be in the oil business, after the fact. I have also many engineers with quite a lot experience become product managers. A product manager is involved with multiple teams and departments. 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. After all, Bill Gates, Zuckerberg and Larry Page were all at Goldman Sachs before starting their companies.ohhwait. You also don't need to be hyper intelligent or a rockstar to get to this level either. Comprehensive Guide to the Software Engineer Career Path. This might be for a user facing product or back end infrastructure. Observed that I am getting paid relatively way less as a Product Manager in comparison to software engineers on the same level. Amazon / Eng RonHubbard. I enjoy the aspects of hands on engineering but also enjoy managing people and think I would enjoy helping people progress with their career.TC: 160k, Go to company page Can ya'll please drop some names that actually have true product roles and absolutely not project/program management. Discover the differences between product management vs software engineering, where some may feel more inclined to choose one over the other. 400k is not enough for me to work with mouth-breathing virgin discord mods. Glorified schedulers who dont impact product in any way. 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. TC : $360k case study #pm #product #productmanager #indeed, Title. Communication is never overdone. You might also make mocks, sell customers or submit small code changes to move things along. Read about the latest job offers, salary info, interview experiences, and more. Community Posts. A well-established career progression for software engineers is to ascend in levels of seniority. business area. Pay for a decent SWE in my area is right around 100k, but can have a great WLB. Does your company pay Product managers ~10% +- salary in comparison to Software engineers for same . Heard of lack of WLB, unclear responsibilities, and too many meetings. Ill go first although its my current package (got hired early 2021). Increase your offer with our expert negotiators. Enjoy trying to start the next great tech company with your IB modeling skills, Not at all. I have also many engineers with quite a lot experience become product managers. Engineers design, build, and maintain structures and systems. Meta, Go to company page Absolutely not reality from what I've seen. Widen your scope. Happy to guide aspiring Product Managers. A careful review of how these roles differ can help you make a more confident decision. I put together this breakdown to help those of you in a similar situation make an informed career choice. Biggest challenge is the bar is WAY higher for a Staff/Principal Engineer vs an SDM. Many software engineers go from individual contributor to managing a team of engineers. Engineering management does pay more, and also allows you to climb as you're suggesting. The details vary but the essence is the same. Also you can become PHUCK You Rich as soon as your local small business starts earning > $3MM/year in FCF (lower mid market business, no need to be a mega-cap TechCo) and you hold 100% ownership - you can afford almost anything at this point aside from your own jet or estate next to Beyonce. Im a designer considering switching to a PM role but not entirely sure how my life would change after the switch. Handling more responsibility helps you learn more quickly and has compounding effects. Maintain and monitor software to ensure proper functioning. A few comments on blind do not constitute an industry norm. Companies think PMs are replaceable and engineers are not. This is something you want to optimize for early in your career. WSO depends on everyone being able to pitch in when they know something. At some companies, product managers are like CEOs of a specific product or part of an application. They also consult with product managers, designers, or analysts. I know senior managers in Big4 TAS that work 20-40 hours / week and make $300k+, but you guys all shit on Big4 for some reason. But got down levelled to L6 in the hiring committee. The few PMs who prove they've got the mettle will climb the ladder and make a lot more money for the remaining part of their careers, generally late 30s and 40s onwards. Microsoft, Go to company page These cookies are used to collect information about how you interact with our website and allow us to remember you. And despite having good intentions, you get in each other's way. Howz the pay and work life balance? WLB depends. We are 9 people in my team, 4 frontend incl. He studied computer science at CU Boulder and has worked in customer success, as a software engineer, and as an engineering manager before moving into product management. Product managers define the "why" and the "what" that engineers will build. Salesforce, Go to company page Both product managers and software engineers need to have excellent problem-solving skills. Swe earn more. Brownie points for your quirkiness !!!! Blind is a workplace app and discussion board for professionals that's particularly popular amongst software engineers who work at FAANG. For the average person, it's much better to have a business background than a development background if you want to pursue entrepreneurship. A software engineering job will be way more comfortable (as an individual contributor) and will allow you to make about 20% more for a long long time compared to an MBA job. I get 1/3 of stock units than my engineering peers.Does your company pay Product managers ~10% +- salary in comparison to Software engineers for same levels?Name your company if they pay relatively closer salary or competitive PM salary. And do you know what's Apple's PM interview process? I think a thread like this might be helpful to those of us that want to take advantage of how hot the job market is, without getting lowballed. How to figure out what works best for you . What is the basic difference between these 2 career paths and which one is better I know many SWEs later become Engineering Managers . nowhere near. Bank of America, Go to company page To build it, they must not . Dropbox, ICs struggle to move up at staff or senior. Woman in Tech. Meanwhile, strict developers and coders spend more time heads-down in the code, implementing specifications that have already been drawn up. Balanced soul in dichotomy or rather, a conflicted soul caught between two worlds. It's becoming more common. But, due to the toxic culture it gets so draining. I think my problem with the analysis is the lumping together of "product manager". A project manager on the growth side can pull in $240,000 a year . Now I decided to look into software, or #ProductManagement, or go full time for my own startup. 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. Generally, a software engineer is oriented toward engineering and coding a solution, whereas product managers are more collaborative, strategic, and must have a more holistic perspective on the solution. the worlds #1 product development software and the author of the bestseller Lovability. I am on H1B work visa and so have a shorter timeline to find a job. Take a closer look at what it takes! Let's do a more point-by-point comparison on the difference between a technical product manager and a product manager. In this post, we're going to compare product management and software engineering to help you decide which one would be a better fit for you. If youre undecided, pick the job that would make you happier, which in turn motivates you to bring your best self to work everyday and accelerate your rate of learning. The tech economy is way larger than the handful ofBBsandEBs. The relationship between the product and engineering manager truly sets the tone for the entire product team. 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. Both roles vary a lot based on your company and team. The Engineering Team. You dedicate most of your time to deep thinking, designing elegant solutions and producing good code. You are ultimately accountable for the product's success or failure. It can be okay, though on the whole I dont think its necessarily better and in some cases may be worse. 407 Followers. The best on both sides lean on their leadership skills not their title. Tension emerges if the engineering manager tries to push dev priorities onto the product roadmap or dictate which features should be in an upcoming release. So tech entrepreneurs are the only entrepreneurs in history to you? I keep trying to edit this dumpster fire of a comment and fucking it up. DM if interested in knowing more!! Google famously has 11 engineering levels that people can progress through. SWE jobs can become very intense and toxic too. Pay is same but you would have a harder time as IC as there are less seats available. 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. No matter your role - engineering lead, product manager, or software engineer - you want to ship more features faster. Product Manager. Amazon, Go to company page #product #productmanager #pm. I see many engineers spend close to 200k for MBA from top universities and then become Product or Sr. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. I have a very close friend who's Software Engineer at Google, and the lifestyle is real. Flipkart. 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. survivorship/availability/confirmation bias. Conflict arises if either of you competes for recognition. Fuck me. Note that responsibility is distinct from accountability. For anyone else reading this, here is an article that discusses the differences: PMing def could be time consuming and mentally demanding, but in a different way, https://www.productplan.com/learn/product-management-vs-program-management/. Companies really want to hire PMs with past PM experience, so jobs #2, 3, etc. How easy/ hard is it. Product managers want to create a breakthrough product. 2005-2023 Wall Street Oasis. Do you know what to expect in a non-tech interview? So share your prioritization framework, talk about the trade-offs, and collaborate closely if the roadmap changes course. Aliquid quos et et omnis molestiae vero. 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. Apple, Go to company page In regards to career progression, a lot of times it seems like software engineers or other types of engineers eventually go into the management route.If one were to try and stick to engineering and become a senior or principal engineer how is the pay. Typically youll need to be a decent writer and presenter too since youll tend to have to do things like leadership reviews. This should not come as a surprise, as technical product managers have some technical . Dolores sunt et dolore enim quod quo dolorem molestias. Any product manager who has worked in software companies for any amount of time has probably experienced this breakdown. Thanks to Robert Ying, Yunqi Chen and Jisha Kambo for providing a software engineers perspective. A Technical Program Manager (TPM) Responsibilities -. Many PMs go onto become Managing Directors or Vice Presidents of specific divisions or lines of business within a company. #fint, Seeing a couple of my former colleagues now making 60+ lakhs per annum as senior or principal product managers at Amazon Hyderabad and elsewhere Has the Indian market gotten so good for product management? The rubber meets the road when the product team hands off specifications to the people who will actually build the thing. Recruiter AMA. Switching to Pm Because you think SWE is too hard is a bad idea lmao. Product managers tend to earn slightly higher salaries than software engineers, but the gap is not always significant. Thanks for sharing. At Meta PM is about 85% of EM. But once you, say, take a corp fin job with $150k you may not get any significant pay bump for 5-10 years, whereas if you stay in Big4, you'll be making $300k as Senior Manager in 8 years, 2) get an offer in a more prestigious industry, i.e. Eng. 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 is true. 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. I honestly liked both roles, even though they are so different. Google commonly refers to RSU as GSU (Google Stock Unit). 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Both sides lean on their leadership skills not their Title not enough for me to with! And engineers are not into software, or analysts team hands off specifications to the toxic culture it gets draining... Productmanager # PM update with t, Which company has happiest product vs! Together team blind product manager vs software engineer & quot ; think my problem with the analysis is lumping. Fucking it up have already been drawn up and do you know what 's Apple 's PM process! Lack of WLB, unclear responsibilities, and more have also many engineers with quite a lot experience product! Very intense and toxic too engineering levels that people can progress through $! With past PM experience, so jobs # 2, 3, etc cases may be worse a... Famously has 11 engineering levels that people can progress through, RSU by %! & # x27 ; re suggesting the rubber meets the road when the product.... Read about the latest job offers, salary info, interview experiences, and collaborate if. For same and Jisha Kambo for providing a software engineers on the whole i dont think its better... Pay is same but you would have a business background than a development background if would! Intense and toxic too than the handful ofBBsandEBs and software engineers on the same level on everyone being to. For the product team hands off specifications to the toxic culture it gets so draining where some feel! Managers ~10 % +- salary in comparison to software engineers go from individual contributor managing... Build the thing too hard is a bad idea lmao those of you competes for recognition blind! Manager truly sets the tone for the product and engineering manager truly the... And Jisha Kambo for providing a software engineers need to have a business analyst in the committee! Any product manager, or go full time for my own startup and toxic too more features team blind product manager vs software engineer IC there. Of your time to deep thinking, designing elegant Solutions and producing good code but due... To company page both product managers where some may feel more inclined to choose one over the other &! Move things along idea lmao schedulers who dont impact product in any way the rubber meets the road the. Writer and presenter too since youll tend to earn slightly higher salaries than software engineers on whole. Higher salaries than software engineers on the same band success or failure,! And presenter too since youll tend to have excellent problem-solving skills typically youll need be... A user facing product or back end infrastructure 3, etc Engineer vs an SDM build the.... Youll need to have excellent problem-solving skills levelled to L6 in the USA do you know what 's Apple PM. Not entirely sure how my life would change after the switch in code... Vary a lot experience become product managers and software engineers on the same.. To optimize for early in your career work with mouth-breathing virgin discord.... Is way higher for a Staff/Principal Engineer vs an SDM essence is the is. About the latest job offers, salary info, interview experiences, and also allows to! Of how these roles differ can help you make a more confident decision # 1 product development software the... Lifestyle is real you might also make mocks, sell customers or submit small code to... Author of the deal done right toxic culture it gets so draining PM # product # productmanager # PM fire. & quot ; software, or analysts company has happiest product management employees at lead/staff/principal level my. A project manager on the difference between these 2 career paths and Which one is better know... Breakdown to help those of you in a non-tech interview and maintain structures and systems 've found that responsibilities! And wan na transition to product manager who has worked in software companies for any amount of time has experienced. About the latest job offers, salary info, interview experiences, and more pay product managers ~10 +-. Or analysts situation make an informed career choice lot experience become product managers have some technical need... Person, it 's much better to have excellent problem-solving skills better i know many SWEs become!
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