With many teams now working remotely or in hybrid settings, a project manager must be skilled in managing hybrid and remote teams if they want to be successful. Meanwhile, Australia and how to become a project manager Germany push on to pay their project managers over $90,000 on average. With the right combination of knowledge and experience, you could be well on your way to a successful career.
- At the mid-level, the average yearly salary for project managers ranges from $97,000 to $152,000 with an average salary (including average base salary + bonuses) of $121,000.
- In conclusion, remember not to undersell yourself by focusing solely on the basic salary part of your job offer.
- Project managers in information technology (IT) are tasked with planning certain types of projects within a company and ensuring that they are executed and on-track through every stage of the process.
- Not only does Bluebird have an impressive roster of IT professionals seasoned in fintech projects, but its credibility is further established with big-name clients like Blackrock and MSCI.
- In the Midwest and South, figures fluctuate, with Illinois presenting an average of $119,000 and Texas, $121,000, while Florida offers around $113,000 and Georgia, $121,000.
Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals. In our blog post, the term «salary» refers to the base salary plus any additional pay, such as a bonus or commission. The University of Virginia’s crash course, Fundamentals of Project Planning and Management, takes you through project planning, execution, and monitoring.
IT Project Manager I Salary by State
For instance, while California boasts an average salary of around $134,000 for IT project managers, Washington offers an average of $122,000. One of the best parts of being a Project Manager is that your role is important in nearly every industry, including tech. Within tech, there are even subtypes of Project Managers that offer unique career paths. If you’re looking to specialize in project management, you can consider joining an information technology (IT) team. In general, the more experience you gain in IT project management, the more money you’re likely to earn.
An information technology project manager’s salary ranges from $76,000 a year at the 10th percentile to $149,000 at the 90th percentile. Subsequently, we provided a thorough breakdown of the average salary of a Junior Project Manager and how it varies across different industries. We acknowledged how geographical location and the individual’s skills and experience could significantly influence salary differences. We also addressed the importance of understanding job benefits and bonuses, as well as knowing how to calculate the total value of a salary package.
Career Path for this job
Be prepared, be bold, but also be respectful and understanding of the employer’s viewpoint. It’s vital to demonstrate that while you are focused on obtaining a good salary, you are also interested in contributing positively https://remotemode.net/ to the organization and its objectives. Are you planning to introduce a project management software solution to your employee? To help you make the right choice, we’ve gathered the best project management web applications.
Information system managers and IT project managers are not the same thing, but they do have overlapping responsibilities. The BLS estimated a growth rate of 15 percent for IT managers from 2022 to 2032 [7], more than double the rate of growth for project management overall. The exact amount you will earn as an IT project manager depends on a number of factors, such as years of experience, geographic location, employer, and education credentials.
IT Project Manager I Pay Difference by Location
Information technology project managers earn the highest average salary in California, Washington, Virginia, New York, and Delaware. Understanding the basics of salary determination is critical for anyone entering the job market, particularly for a junior project manager. There are many factors affecting how much an employee might earn, ranging from the industry and the economy to the level of experience and qualifications of the individual. When discussing a junior project manager’s salary, understanding these influences becomes increasingly important. The average information technology project manager salary in the United States is $106,981.
Factors like position location, the number of years of experience, and company all impact earning potential. According to the most recent salary data gathered by Zippia, Payscale, and Glassdoor, an IT project manager entry-level salary ranges from around $65,000 to $91,000. Mid-career IT project management salary ranges from $93,000 to $109,000, while senior-level salaries range from $114,000 to $132,000 [1, 3, 5].