However, different firms have varying lengths to Managing Director (or whatever title refers to the most senior level on a deal team) that would be interesting to hear data points on. Level 6: Senior Manager or Senior Principal. Thread starter dandy_warhol; Start date Aug 6, 2007; dandy_warhol Cyburbian. Senior / Principal Project Manager in East London (E10) | So Code Ltd ... Managers typically report to senior managers, directors, vice presidents, or owners. Dealing with people is especially difficult. The estimated additional pay is $20,000 . Managers, conversely, may be expected to encourage, mentor, discipline and evaluate employees on a more frequent basis. This can be equivalent in rank to a Senior Product Manager through to a VP Product. L7: Manager or Principal. skills of teamwork; communication and leadership skills. Principal engineers and senior engineers are both crucial roles in ensuring engineering teams can research, design, analyze and inspect structures according to their client requirements. A Product Manager at a tiny Fintech startup will be very different to a Product Manager at YouTube. Perhaps they transitioned to product from engineering. Principals . Director vs Manager: What's the Difference? - Ivy Exec Blog Junior PMs create solutions, Senior PMs define problems. Five Differences Between a Junior PM and a Senior PM Senior Manager Some organizations have positions with the title of Senior Manager. The word "lead" in a job title typically indicates a low-level supervisory position similar to an assistant manager or management trainee. As others have stated, these are all titles for the position immediately after MBA for these firms (and thus could be viewed somewhat interchangeably). The engineer delivers the parts that make up the components of the product's architecture. What Is the Average Microsoft Principal Product Manager Salary? The manager usually has a minimum of one to four years of experience. In terms of leveling, hierarchy and compensation, this means we've aligned Staff = Principal, Sr. Staff = Sr. Principal is typically an IC role but many Principals also have other PMs and/or Business Analysts reporting into them. Technologist (there are like a dozen of these in the company) Then a year ago, they switched it so now it goes: Engineer (no experience) Senior Engineer (~2 years or MS) Staff Engineer (~5 years or Ph.D.)