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Project Manager, Pharmaceuticals Salary

Pharmaceutical Project Managers in the United States pull down an average of $84K annually. Compensation ranges from $55K on the lower end to $138K per year on the higher end. In the world of Pharmaceutical Project Managers, total cash compensation can vary between $55K and $138K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $19K and $25K, respectively. Career length is the biggest factor affecting pay for this group, followed by geography. Most workers in this position report high levels of job satisfaction. Pharmaceutical Project Managers survey participants are largely women, dominating at 62 percent. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$56,078 - $123,694
(Median)
$56K
$84K
$120K
MEDIAN: $84,268
10%
50%
90%

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$17.21 - $80.00
(Median)
$17
$37
$80
MEDIAN: $37.00
10%
50%
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
$56,078 - $123,694  
   
Bonus
$1,033 - $19,374  
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).
)
$54,664 - $138,451  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 292
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 - $80.00  
   
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
$1,033 - $19,374  
   
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).
)
$54,664 - $138,451  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 19
United States (change)

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 takers who work as 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 25 percent and 10 percent, respectively.

Pay by Experience Level for Project Manager, Pharmaceuticals

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience is an important factor influencing the compensation of Pharmaceutical Project Managers. Average salaries for inexperienced employees average out to around $73K, but folks who have five to 10 years of experience earn a higher median of $86K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $109K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $117K on average.

Related Job Salaries

Experience Affects Project Manager, Pharmaceuticals Salaries

Late-Career
up arrow 33%

Experienced
up arrow 23%

National Average
$88,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 17%

Skills That Affect Project Manager, Pharmaceuticals Salaries

Clinical Research
up arrow 25%


National Average
$88,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 57 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
31%
10-19 years
30%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 63% employee benefits None: 7%