Yes, software engineering managers make more than software engineers. On average, software engineering managers make $129,000 yearly compared to software engineers at $86,000.
As most jobs go, factors like location, industry, and experience can determine your exact pay. For managers, especially, their position is usually senior or executive level with high-level responsibilities and duties and thus generally means higher pay.
Their salary ranges between $95,000 to $176,000, with entry-level positions starting less and senior-level positions typically making six-figure salaries. For software engineers, their salary ranges between $65,000 to $113,000.
For both positions, they tend to make more in the states of Washington, California, and New York.
Managers make more in the internet, media, and insurance industries, offering average salaries above $144,000, while software engineers tend to make more in telecommunication, technology, and finance industries, with average salaries above $92,000.