PMP Salary
Once certified how much can you expect your PMP salary to be?
It all depends on the level of specialization and industry sector one is employed in. The salary range is greatly influenced by several factors including a person’s job experience and financial standing of a company are all determining factors which play on how much you could earn in your PMP certified salary. While a software project manager’s salary can range from $48,200 to $117,600 along with sign on bonuses and stock options along with that of a construction project manager salary, an IT Project Manager specializing in Information Technology could expect to start our in the neighborhood of $60,700 to $119,000 with varying degree of structured bonus incentives based on the job description and employment agreement negotiated upon. As a general rule of thumb companies specialized in the advancement of high tech industries generally pay more, however this is not always the case.
Project Managers in Construction trades get enjoy salaries comparable to those in software and IT careers which is approximately $50,090 – $120,115 with average pay increases once a year based on their job performance and scope of projects. It is also important to note that no two PMP salaries are ever the same even though the holders of certification may have jobs in the same industry because of the aforementioned employment factors.
Does certification guarantee that you will experience a salary increase/ The answer is no. What if you have an MBA? Again the answer is no. Getting certified prepares you to enter the role of a project manager and fulfill the job duties of such. It also positions you for promotions and increases but there has to be vacancies or gaps in a company before you are considered as a candidate for such an increase in pay. Whilst it is nice to have the potential to enter these types of high paying jobs, one must be prepared to take on the responsibilities and duties of the job title. There are many opportunities in every industry and area of business in the U.S and abroad for professionals who hold this prestigious designation.
Below you will see a list of the average salaries.
- Senior Project Manager $84,120+
- IT Project Manager $60,700+
- Project Manager, (Unspecified Type / General) $45,300+
- SAP Project Manager $95,150+
- PMO Project Manager $93,175+
When considering salaries, the location of the profession will most likely influence the salaries of each profession. There are no guarantees you will get a pay raise by getting certified although the likelihood is always there. It is advisable to thoroughly research the regional salary survey ranges of your profession, company profiles and financial standing to better understand what to expect once you are certified.
