Project Manager, Pharmaceuticals Salary

Median pay for Pharmaceutical Project Managers in the United States is around $85K per year. Compensation ranges between $56K and $134K per year. With some bonuses approaching $19K and certain profit sharing proceeds approaching $10K, overall incomes of Pharmaceutical Project Managers spread between $56K and $134K depending on individual performance. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Pharmaceutical Project Managers report high levels of job satisfaction. Women make up the majority of Pharmaceutical Project Managers (60 percent) who completed the questionnaire. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$55,591 - $122,724
(Median)
$56K
$85K
$120K
MEDIAN: $84,951
10%
50%
90%

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$23.75 - $81.70
(Median)
$24
$39
$82
MEDIAN: $39.00
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
$55,591 - $122,724  
   
Bonus
$1,015 - $18,791  
Profit Sharing
$679 - $10,380  
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).
)
$55,776 - $134,245  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 285
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
$23.75 - $81.70  
   
Overtime
$0.00 - $104.30  
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
$1,015 - $18,791  
   
Profit Sharing
$679 - $10,380  
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).
)
$55,776 - $134,245  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 16
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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 24 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.


For many Pharmaceutical Project Managers, more experience generally translates to higher pay. People who have worked for fewer than five years bring home $74K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $85K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $110K on average. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $117K.

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Experience Affects Project Manager, Pharmaceuticals Salaries

Late-Career
up arrow 32%

Experienced
up arrow 24%

National Average
$89,000

Mid-Career
up arrow 4%

Entry-Level
up arrow 17%

Skills That Affect Project Manager, Pharmaceuticals Salaries

Clinical Research
up arrow 24%


National Average
$89,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 46 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
30%
10-19 years
30%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 64% employee benefits None: 8%
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