Top-Paying Companies for Project Managers
The top-paying companies for project managers include Apple, Google, Deloitte, Boston Consulting Group, American Express, Cisco Systems, Microsoft, and Turner Construction.
Project Manager Salaries
- Project managers with 1-4 years of experience can expect to make about $74,933 annually.
- The average annual salary for a project manager with between 10 and 20 years of experience is $85,000 annually.
- In the U.S., the median salary for a project manager is $112,000 across all industries.
Factors Affecting Project Manager Salaries
The highest salaries are earned by project managers with industry-specific expertise in fields like information technology, pharmaceuticals, energy, and finance. Engineering project management professionals also tend to be very well compensated.
Remote Work and Project Management
Most project management tasks can be done remotely, making this career path ideal for remote work.
PMP Certification Impact
With a PMP certification, the average project manager salary increases by 23% over non-certified peers.
Consulting Project Managers
Consulting project managers are highly skilled ‘for-hire professionals’ employed or contracted by agencies.
Industries Paying Project Managers Most
Information technology, pharmaceuticals, energy, and finance pay most to project managers.
Importance of Project Management for Corporations
Project management is vital for corporations due to its ability to ensure efficient resource allocation, timely execution, and successful achievement of objectives.
Pursue Industry-Specific Education
Industries prefer to hire people with industry-specific degrees such as engineering, healthcare, education, etc.
Top Industries for Project Manager Salaries
The industries that pay project managers the most are — engineering, aerospace, pharma, and consulting.