Reddit Comments Summary on Product Manager

Roles and Value of Product Managers

- Product Managers liaise between different teams and manage backlogs for product development.

• They prioritize projects based on business needs and input from engineering.
• They define acceptance criteria, conduct research, and act as a barrier between engineering and stakeholders.
• A good PM can lead to successful products but dealing with dysfunctional companies and over-demanding stakeholders can be challenging.

Diverse Experiences as a Product Manager

• Experience varies greatly, some love the role, some find it exhausting and draining.
• The job can involve attending numerous meetings, managing multiple teams, and facing unrealistic expectations.
• PM roles may require technical background, especially in FAANG companies.
• Compensation and job satisfaction can vary from company to company, with FAANG companies often offering higher salaries and stock options.

Salaries and Compensation

• Salary ranges for PM roles may vary, with some roles paying around $200k while FAANG companies could offer higher salaries.
• Salaries for senior PM roles can be around $300k, depending on the company and location.
• FAANG companies may offer higher compensation but often come with demanding workloads and expectations.

Challenges Faced by Product Managers

• Challenges include dealing with uncooperative or underperforming teams, unrealistic stakeholder demands, and lack of support from leadership.
• PMs may have to manage project delays, deal with inadequate resources, and handle customer escalations.
• Agile methodologies, OKRs, and managing diverse stakeholders are also common challenges faced by product managers.
• Generalist PMs and the misunderstanding of the product management role are other points of contention in the field.

Unique Experiences and Rants

• Some PMs find humor in sharing their frustrations and experiences, highlighting the demanding nature of the role and the diverse challenges faced.
• Public opinion on the field of product management often varies, with some finding it rewarding and engaging while others struggle with its demands and expectations.

This summary captures various perspectives and experiences shared by Reddit users regarding the role of a product manager, challenges faced, compensation details, and unique rants and frustrations expressed by individuals in the product management field.