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From the article: "The salary advantage for product managers has only grown, says Hired’s data scientist Jessica Kirkpatrick. 'We see that software engineers
by joker3 8y ago
From the article:
"The salary advantage for product managers has only grown, says Hired’s data scientist Jessica Kirkpatrick. 'We see that software engineers have always been paid less than product managers, but that the pay gap has widened over the past year,' she wrote by email. The trend holds after accounting for experience. Software engineers, on average, are paid about 10% less than product managers in their first year as well as after six or more years of experience."
So it's not just a matter of PMs being more experienced.
- xxpor 8y agoI wonder how experience is corrected for. Someone who comes in here as a PM usually has previous job experience and an MBA. So someone who has been a PM for a year != SDE for one year.
- sokoloff 8y agoWhat is the typical overall experience of a product manager in their first year vs the overall experience of a software engineer in their first year? No one is getting a product manager title at 21 right out of college. Lots of people are getting SWE titles at 21 right out of college.
- hyperrail 8y agoMicrosoft hires program managers (what other tech firms call product managers) straight out of college. Almost all of the PM-I employees I met at Microsoft were college hires with CS degrees who had taken few or no business or marketing classes.
- killerdhmo 8y agoI was a PM straight out of college and know many PMs straight out college. Both at the big companies like Google and smaller companies.
- tristor 8y agoThat's a fair point. I make less as a PM than I did when I was an Engineer, but I had 13 years of engineering experience before I transitioned. All of the new PMs I've worked with have a minimum of 5 years of experience in some other related role and most have a related degree.
- el_benhameen 8y agoI’m not sure that that disproves the parent. The PMs I know started as PMs several years into their careers, while most of the SWEs I know started out of school. So a year 1 PM might have 1 year of PM experience, but several more years of relevant career experience and salary history that the year 1 SWE doesn’t have.