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Project Manager, Pharmaceuticals Salary (United States)

Pharmaceutical Project Managers in the United States can expect to earn an average of $82K per year. Lower pay rates hover around $53K, and the higher rates verge on $134K per year. Final cash compensation to Pharmaceutical Project Managers varies from around $53K to approximately $134K; choice pay grades include potential for bonuses and profit sharing as high as $16K and $25K, respectively. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to the vast majority, and a solid majority earn dental coverage. Women account for the majority of Pharmaceutical Project Managers — 60 percent to be exact. Most Pharmaceutical Project Managers report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
Project Manager, Pharmaceuticals Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$52,888 - $121,707
(Median)
53K
65K
82K
100K
120K
MEDIAN: $81,815
10%
25%
50%
75%
90%
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Project Manager, Pharmaceuticals Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$17.21 - $110.00
(Median)
17
39
51
110
MEDIAN: $38.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$52,888 - $121,707  
   
Bonus
$1,020 - $16,362  
Profit Sharing
$685 - $25,168  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$52,827 - $133,804  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 301
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$17.21 - $110.00  
   
Overtime
$0.00 - $102.76  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$1,020 - $16,362  
   
Profit Sharing
$685 - $25,168  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$52,827 - $133,804  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 19
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Job Description for Project Manager, Pharmaceuticals

Pharmaceutical project managers oversee the development of new medicines or medical equipment. They must be well organized and able to handle working with several different groups of people. They work with the engineers who create the medicines and medical equipment, the doctors who run pharmaceutical trials and the clinical researchers who compile all of the findings in medical trials. They manage these groups collectively to make sure that development is running smoothly and on time. They sometimes must make the difficult decision to stop development and trials if the medicine or medical equipment is causing too many negative effects such as permanent injury or death.
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Project Manager, Pharmaceuticals Tasks
  • Create reports on status, final deliverables, and challenges for clients, management, and regulatory bodies.
  • Manage timelines, budget, and risks for each assigned project.
  • Interact with clients to identify requirements and specify project plans, schedules, and deliverables.
  • Manage data, documentation and error or problem reports.

Project Manager, Pharmaceuticals Job Listings

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Survey results show that Pharmaceutical Project Managers typically report just a few professional skills. Most notably, facility with Clinical Research and Project Management are correlated to pay that is significantly above average, leading to increases of 29 percent and 11 percent, respectively.

Pay by Experience Level for Project Manager, Pharmaceuticals

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pharmaceutical Project Managers with a lot of experience tend to enjoy higher earnings. Relatively untried employees who have fewer than five years of experience earn around $72K on average. People who have worked for five to 10 years can expect a higher median salary of $84K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $108K. Pharmaceutical Project Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $116K. Between one and nine years is the typical spectrum of experience for those in this line of work — of those who took the survey, more than half land within it. Experienced employees who have 10-20 years of experience make up about a fourth of the workforce; inexperienced individuals who have been working for less than one year comprise less than two percent, and senior people with more than 20 years under their belt fill out the remaining less than one-tenth.

Pay Difference By Location

San Francisco
up arrow 17%
Philadelphia
up arrow 9%
Boston
up arrow 9%
National Average
$85,000
Raleigh
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
San Francisco is home to an above-average pay rate for Pharmaceutical Project Managers, 17 percent higher than the national average. Pharmaceutical Project Managers will also find cushy salaries in Boston (+9 percent) and Philadelphia (+9 percent). With compensation 6 percent below the national average, Raleigh is not known for hefty paychecks and actually represents the lowest-paying market.

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Experience Affects Project Manager, Pharmaceuticals Salaries

Late-Career
up arrow 36%
Experienced
up arrow 27%
National Average
$85,000
Mid-Career
up arrow 2%
Entry-Level
up arrow 16%

Skills That Affect Project Manager, Pharmaceuticals Salaries

Clinical Research
up arrow 29%
National Average
$85,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 64 votes.

Gender

Female
60%
female alumni
 
Male
40%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
32%
5-9 years
33%
10-19 years
27%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 64% employee benefits None: 7%