Project Manager, Pharmaceuticals Salary

Pharmaceutical Project Managers in the United States pull down an average of $87K per year. Pay generally varies between $55K and $137K per year. With some bonuses and profit sharing proceeds approaching $19K each, total incomes of Pharmaceutical Project Managers generally range from $55K to $137K depending on individual performance. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$55,869 - $123,488
(Median)
$56K
$87K
$120K
MEDIAN: $86,680
10%
50%
90%

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$18.50 - $80.00
(Median)
$18
$39
$80
MEDIAN: $38.00
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
$55,869 - $123,488  
   
Bonus
$1,032 - $19,371  
Profit Sharing
$685 - $20,134  
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).
)
$55,282 - $137,389  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 295
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
$18.50 - $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
$1,032 - $19,371  
   
Profit Sharing
$685 - $20,134  
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).
)
$55,282 - $137,389  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | 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 takers who work as Pharmaceutical Project Managers report a focused set of job skills. Most notably, facility with Clinical Research and Project Management are correlated to pay that is significantly above average, leading to increases of 21 percent and 8 percent, respectively.

Pay by Experience Level for Project Manager, Pharmaceuticals

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Folks with fewer than five years of experience take home $73K on average, and those who have worked for five to 10 years see a bigger median salary of $87K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $111K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $117K.

Related Job Salaries

United States (change)

Experience Affects Project Manager, Pharmaceuticals Salaries

Late-Career
up arrow 30%

Experienced
up arrow 23%

National Average
$91,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 20%

Skills That Affect Project Manager, Pharmaceuticals Salaries

Clinical Research
up arrow 21%


National Average
$91,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 85%
vision benefits Vision: 64% employee benefits None: 7%