Based on the PMP® certification factor, that represents a wage boost of around 25%. Instead, project managers who hold the PMP® certification make $120,000 annually. According to PMI, non-certified project managers in the United States get an average salary of $95,000 yearly. You can expect a higher salary in your project management capacity than your previous income or the wages of your non-certified peers because PMP credential holders provide so much value to businesses. This industrial vacuum, which results from the retirement of an older worker generation, makes it more critical than ever to hire people with PMP® credentials. High retirement or attrition rates may also contribute to the need for PMP® certificate holders. Therefore, when business goals and procedures evolve, there will be a greater demand for project managers, change managers, project analysts, and similar professionals. Using the PMP® certification skills you've acquired when a company recruits you to manage and deliver projects successfully, you may save project costs and boost profitability for your employer.įurthermore, as businesses embrace more project-oriented operating models, the importance of PMP® certification holders is increasing. A company's investment in a PMP®-certified employee can pay off handsomely. Getting certified demonstrates that you have the abilities needed to manage a team. The financial reward outweighs the significant time and effort required to obtain your PMP® certification. With these possibilities plus the impressive salaries that come along with it, obtaining a PMP® certification will be worth it by 2023! Increase Your Earning Potential with A PMP® Certification Project managers with PMP® will likely have a wide range of career opportunities, including working on complex projects, leading teams, developing strategic plans, and taking on management roles.Īdditionally, as certified professionals, they can also look forward to an increase in their salaries as they gain experience and expertise over time. In 2023, the job and salary scope for those with PMP® certification is predicted to be quite favorable. PMP certification exams are among the top recognized credentials in the project management field, and with this recognition comes a boost in salary. Mega Offer! Save up to INR 22000 when you buy our Advanced course Combo packages *Avail a Flat 15% Discount Across all our certification courses Average hours worked per week: 46.We are proudly recognized for Excellence in Agile Consulting and Transformation Services – 2023 by Economic Times and Times of India!.Average project manager salary: $88,907.It’s important to note that this average base pay for project managers covers a broad spectrum, and lots of different factors play into your salary. The average project manager puts in more than the typical 40-hour week and brings home just under $89,000. Now that we’ve got those disclaimers out of the way, it’s time to dig into the data!ĭownload the full infographic How much do project managers make? Project manager salary by PMP certification: We looked to the Project Management Institute’s (PMI) annual salary survey for PMP salary data since they’re a standard resource for PMP info in the industry.Project manager salary by job title, industry, and location: We decided to go with Glassdoor for the basic salary stats because it provided a singular source for all the variables we wanted to cover with a big pool of data. Here’s a quick overview of where we got the numbers for the infographic and why. There are lots of sources for project manager salary info out there, and they all provide different data. So we thought we’d help you do your homework by providing a brief snapshot of average project manager salaries across several key factors. Whether you’re considering a career in project management or preparing for a pay raise negotiation, understanding the salary landscape can help you make informed decisions about your future.
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