Project Manager in the Business world
Project managers have long been in high demand in the business world, and with good reason. A talented project manager can help ensure a project is completed on time, on budget, and to the highest possible standards. Therefore, it’s no surprise that project manager salaries are often quite generous.
What to Expect?
So, what can you expect to earn as a project manager? Salaries vary widely depending on experience, location, and the size and scope of the project. However, the median salary for a project manager in the United States is $86,146 per year, according to PayScale.
At the entry-level, project managers can expect to earn an average of $62,000 annually. Those with more experience may earn anywhere from $90,000 to $180,000 or more. Highly experienced project managers in the tech industry may even make six-figure salaries.
The location also affects project managers’ salaries. It’s not surprising that project managers in larger cities tend to earn more than those in smaller towns. In New York City, for example, the median salary for a project manager is $114,000, while in Austin, it’s $88,000.
It’s also important to note that a project manager’s salary can depend on the industry he or she is working in. The highest-paying industries for project managers include oil and gas, pharmaceuticals, and tech.
Look at the Complete Package
In addition to salaries, project managers may also be eligible for bonuses, stock options, and other benefits. These can vary widely depending on the company and the project.
If you’re considering a career as a project manager, it’s important to understand the potential salary range. The good news is that project managers can expect to earn a generous salary, with opportunities for growth and bonuses.
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