Senior PM, are you project manager or product manager? Either way, those roles are considered individual contributors role and pay scale is also pretty similar

Senior PM, are you project manager or product manager? Either way, those roles are considered individual contributors role and pay scale is also pretty similar to dev salaries. However, these roles do provide easier transition to true management roles. At my previous mega company, it was pretty common for people to move up and down the corporate ladder. My company encouraged it and it never affected anyone negatively. I personally went to from team lead to senior dev role. Team lead is also considered IC/manager-in-training role. I was getting overwhelmed with meetings and losing my programming skills. So far I am really enjoying the new "lower" role, and plan on staying at this level for foreseeable future.