What are main differences in career/salary trajectory and WLB for a product manager vs product marketing manager?

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Just depends where. Product manager in tech can make 300k+ but industry counterparts will be lower, and there is product marketing managers at every large org but those more likely make between 100-175k. I'm sure product marketing managers still make above average comp packages

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PM always makes more than PMM, all things held equal. WLB is chiller for PMM, on average.

My experience is in big tech so this only goes for those types of roles, PM’s usually holds overall responsibility for a product without any authority so is fairly high stress, that in itself will mess with your WLB pretty hard as you’re always preparing for the next two big meetings. PMM’s on the other hand usually hold little to no responsibility and usually judged on pretty attainable metrics vs more of a “gut” feeling for PM. If things go south, it’s always the PM’s head regardless of fault.

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