2022 Technical Project Manager Salary in US Updated Daily

In fact, 93 percentof STEM jobs offer wages well above the national average, and the national median salary for all STEM positions is almost double the average wage for non-STEM roles. For one, project managers with master’s degrees earn a median salary of $120,000 compared to $110,250 for those with bachelor’s degrees. The engineering project manager is responsible for leading and directing specialized engineers to produce detailed product development plans. They translate customer requirements into product strategy, prepare cost proposals, maintain financial records, and ensure conformity to safety regulations and best practices. They have strong communication skills and think quickly to resolve problems in real time. The annual engineering project manager salary ranges between $64k and $137k, and averages at $96k. Whether you’re beginning your career in project management or applying for a senior project manager salary, improving your skill set will undoubtedly pay off in the long run.

  • A project manager’s salary in Switzerland is on average 130,000 CHF (or $130,966 USD) annually.
  • Project Management has become a popular job around the world, and not just because of the healthy paycheck.
  • The average additional cash compensation for a Technical Project Manager in Chicago is $13,782.
  • Every industry divides its work into projects that must be delivered on time without sacrificing quality.

The construction project manager plans, coordinates, and supervises residential, commercial, or industrial construction projects. They oversee employees, owners, contractors, vendors, regulators, and other stakeholders, while they complete projects on time, within budget, design, and quality standards. If you are lacking the certification or experience to become a project manager, an assistant project manager may be a good stepping stone.

IT Project/Program Manager

They are responsible for planning certain types of projects and ensures execution of every stage according to standards. To achieve particular goals, they show leadership, provide motivation, and perform employee evaluations. The annual how to become a project manager ranges between $57k and $128k, and averages at $89k.

it project manager salary

In contrast to a product that evolves with customer needs, a project carries a clear definition of what needs to be delivered. Because of the demand, the project manager’s salary in India is one of the highest. Many people pursue higher education as a tactic to switch into a higher paying job.

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Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Create and maintain a information technology project plan that communicates tasks, milestone dates, status and resource allocation. The average Project Manager salary for women is $139,236 and the average Project Manager salary for men is $139,202. The average Project Manager salary for women is $99,588 and the average Project Manager salary for men is $108,955. The average Technical Project Manager salary for women is $103,923 and the average Technical Project Manager salary for men is $112,475.

  • Karin has spent more than a decade writing about emerging enterprise and cloud technologies.
  • Project managers are high in demand and the demand is set to increase.
  • Companies within thriving industries tend to provide higher and more frequent raises.
  • The table below shows that most of the bigger cities in India offer a salary higher than the national average.

Technical Project Manager salaries are based on responses gathered by Built In from anonymous Technical Project Manager employees in US. Where you work can have a huge impact on earnings, in addition to your education, experience, specialization, project team size, and industry. Project managers should consider these factors when considering their potential salary and career growth. Exactly how much a project manager makes, however, depends on several key factors, including a manager’s level of education and experience, team size, region, and the company’s industry.

Annual Increment Rate By Industry 2021

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary. If the experience level is between fifteen and twenty years, then the expected wage is 5,400 EUR per month, 9% more than someone with ten to fifteen years of experience. Employers will need to fill 2.2 million new project-oriented roles each year through 2027. Don’t be bashful about this, they can always say they don’t know or would prefer not to say.

it project manager salary

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