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
- Assign resources to projects and project objectives and monitor progress.
- Develop project plans and facilitate resolution of all issues to reach project goals.
- Manage project budget to reach revenue, cost, and profit targets.
- Manage and communicate ongoing changes in tasks, goals, or performance.
- Participate in client meetings, contract finalization, and development of requirements and specifications.
Common Career Paths for Project Manager, (Unspecified Type / General)
There are some Project Managers — though it's uncommon — that transition into IT Senior Project Managers, where earnings are an average $112K annually. As Project Managers progress in their field, many go on to become Senior Project Manager of Operationss. In fact, this transition is more common than anything else, and pay for the position is usually $99K per year. Another common career choice for Project Managers is to move into an Operations Project Manager role. Typically, Operations Project Managers get paid $68K.
Project Manager, (Unspecified Type / General) Job Listings
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Popular Employer Salaries for Project Manager, (Unspecified Type / General)
Leading companies who hire large numbers of Project Managers include Kaiser Permanente, International Business Machines (IBM) Corp., The Boeing Company, J.P. Morgan Chase & Co. (JPMCC), and Pearson Education. Bank of America Corp. (BOFA) attracts talent by shelling out the biggest paychecks in the area — the median in that office is $104K. J.P. Morgan Chase & Co. (JPMCC), The Boeing Company, and Booz, Allen, and Hamilton are a few other companies that offer generous salaries, with Project Managers earning around $100K, $97K, or $87K at each firm, respectively.
Other low-paying employers include Pearson Education at $62K and R.R. Donnelley & Sons Company at $67K, though some Project Managers there earn up to $108K.
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, Budget Management, and Process Improvement are correlated to pay that is above average, with boosts between 4 percent and 14 percent. Skills that are correlated to lower pay, on the other hand, include Customer Relationship Management, Quality Assurance / Quality Control, and Project Coordinating. Most people experienced in Microsoft Excel also know 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.
Project Managers with a lot of experience tend to enjoy higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $59K, but folks who have racked up five to 10 years see a notably higher median of $75K. Project Managers see a median salary of $85K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $91K.
Pay Difference by Location
Washington is home to an above-average pay rate for Project Managers, 18 percent higher than the national average. Project Managers will also find cushy salaries in San Francisco (+18 percent), Seattle (+13 percent), Los Angeles (+13 percent), and Denver (+12 percent). With compensation 9 percent below the national average, Portland is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Minneapolis and Austin earn salaries that trail the national average for those in this profession (4 percent less and 2 percent less, respectively).
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