Project Manager, (Unspecified Type / General) Salary
Job Description for Project Manager, (Unspecified Type / General)
A project manager (unspecified type/general) oversees designated projects for the company. The position requires planning and developing strategy, including defining the goals and timeline for the project(s) they supervise. The project manager coordinates, documents, and assigns tasks for the project team and provide the team with direction and support. Managing the budget, timeline, and resources for the project are also required. The project manager monitors problems, provides solutions, and implements changes as necessary to ensure the project timeline is followed. He or she also regularly reports the progress to the stakeholders. A project manager may report to a senior project manager.Read More...
The position usually requires a bachelor's degree, as well as strong communication, organizational, and problem-solving skills. Strong leadership ability is required. This position typically requires field work in overseeing projects, and the position typically takes place in an office setting during normal business hours.
Project Manager, (Unspecified Type / General) Tasks
- Manage and communicate ongoing changes in tasks, goals, or performance.
- Participate in client meetings, contract finalization, and development of requirements and specifications.
- Manage project budget to reach revenue, cost, and profit targets.
- Assign resources to projects and project objectives and monitor progress.
- Develop project plans and facilitate resolution of all issues to reach project goals.
Common Career Paths for Project Manager, (Unspecified Type / General)
While not commonly seen, Project Managers who transition into an IT Senior Project Manager position may see a rise in pay. The median salary for IT Senior Project Managers is $112K per year. Career advancement for the typical Project Manager often leads to becoming an Information Technology Project Manager or a Senior Project Manager of Operations; median salaries in these positions are $18K higher and $30K higher, respectively.
Project Manager, (Unspecified Type / General) Job Listings
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Popular Employer Salaries for Project Manager, (Unspecified Type / General)
Many Project Managers can be found at International Business Machines (IBM) Corp., Kaiser Permanente, The Boeing Company, J.P. Morgan Chase & Co. (JPMCC), and Pearson Education, firms that are at the top of the field. J.P. Morgan Chase & Co. (JPMCC) does shell out the biggest paychecks — the median in that office is $100K — but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $76K while workers on the upper end may rake in up to $148K. Project Managers can also look forward to large paychecks at Bank of America Corp. (BOFA) ($99K), The Boeing Company ($96K), and CBRE Group ($89K).
Other low-paying employers include U.S. Bank at $59K and Pearson Education at $60K, though some Project Managers there earn up to $77K.
Popular Skills for Project Manager, (Unspecified Type / General)
Survey participants wield an impressively varied skill set on the job. Most notably, skills in Microsoft Project, Strategic Project Management, Process Improvement, and Budget Management are correlated to pay that is above average, with boosts between 5 percent and 14 percent. Skills that pay less than market rate include Windows Operating System General Use, Customer Relationship Management, and Quality Assurance / Quality Control. Those educated in Microsoft Excel tend to be well versed in Microsoft Office.
Pay by Experience Level for Project Manager, (Unspecified Type / General)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience seems to be a major factor in determining the incomes of Project Managers. Although individuals who have less than five years' experience earn $58K on average, people with five to 10 years benefit from a notably larger average of $73K. Project Managers see a median salary of $83K after reaching one to two decades on the job. Project Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $91K on average.
Pay Difference by Location
San Francisco offers some of the highest pay in the country for Project Managers, 20 percent above the national average. Project Managers will also find cushy salaries in Seattle (+15 percent), Denver (+15 percent), Washington (+13 percent), and Dallas (+11 percent). Portland ranks last in the field for pay, reporting salaries 12 percent below the national average. Employers also pay below the national average in Minneapolis (10 percent lower) and Chicago (3 percent lower).