Project Management Salary: How Much Do They Make?

Check out our industry-first look at promotions, raises, and job growth a year and beyond Thinkful graduation. What your skills are worth in the job market is constantly changing. Project Management has become a popular job around the world, and not just because of the healthy paycheck.

Technical Project Manager salaries are based on responses gathered by Built In from anonymous Technical Project Manager employees in Boston. The average salary for a Technical Project Manager in US is $111,107. The average additional cash compensation for a Technical Project Manager in US is $12,909.

Project Management Salaries by Level and Experience

You can get into technical project management by having an in-depth understanding of software development, computer programming, and mathematics. In addition to this, a good knowledge of Management Information Systems is also needed.

The average Technical Project Manager salary for women is $115,922 and the average Technical Project Manager salary for men is $137,086. The average Technical Project Manager salary for women is $107,948 and the average Technical Project Manager salary for men is $121,956. Based on 423 responses, the job of Technical Project Manager has received a job satisfaction rating of 3.76 out of 5. On average, Technical Project Managers are highly satisfied with their job.

How Much Does a Technical Project Manager Make in US?

However, none of these stats are defining factors for your earning potential. The right combination of skills, experience, and tools is what’s important.

Some employers may require you to have certain educational backgrounds and certifications. Nevertheless, you also need to have a substantial set of skills that demonstrate your level of expertise in the field of project management. A good combination of education, skills, and experience will help you achieve a higher pay scale. It’s also a common trend for software engineers and developers to transition to the project management domain after getting a few years of hands-on experience. So, basically, no matter where you’re currently at in your career, there’s room for you in the field of project management. Let’s talk a bit more about the basics of project management, and then we’ll dive into the good stuff—project management salaries.

How Much Does a Technical Project Manager Make in Boston?

The salary of a technical project manager depends on many aspects such as level of education, location of the job, team size, PMP certification, and area of specialization. The average income ranges between $61,000 and $135,000 per year, with the average salary being about $94,774 a year.

The income for project managers generally ranges between $61,000 and $135,000 per year. The average salary of a project manager is estimated to be about $94,774 a year, and additional compensation like bonuses lie anywhere between $2,000 to $21,000. People with the job title Technical Project Manager make the most at companies with employees, earning $141,400 on average. As we mentioned, project managers are in high demand, and the demand’s expected to grow.

Technical Project Manager salary in Boston

It is also important to have industry-specific experience to develop the required skills. We hope you’ve found this article useful and that you have a much better understanding of the average earning potential as a project manager. In 2020, the Bureau of Labor Statistics assessed project manager salaries, averaged them according to seniority levels, and adjusted them based on the cost of living per state. The top five highest paying states for project managers are as follows. Experienced or even novice employees from different domains like engineering or management can learn project management on-the-job. You can also obtain relevant education from bootcamps or certifications to learn and validate your project management skills. Every industry divides its work into projects that must be delivered on time without sacrificing quality.

The average total compensation for a Technical Project Manager in US is $124,016. Technical Project Manager salaries are based on responses gathered by Built In from anonymous Technical Project Manager employees in US. The average salary for entry-level project managers is $75,109, while highly experienced PM’s can bring home up to $126,00 annually. Mid-level project managers can earn up to $78,076 per year, while director-level project managers can easily take home up to $123,561 per year.

Since good project management yields happier clients, better profit margins, and streamlined work pipelines, demand for project managers has risen exponentially. The average salary for a Technical Project Manager in Boston is $127,591. The average additional cash compensation for a Technical Project Manager in Boston is $11,583. The average total compensation for a Technical Project Manager in Boston is $139,174.

You should focus on having excellent communication skills, the capacity to work with stringent timelines and budgets, and the willingness to handle challenging tasks. Built In Boston is the online community for Boston startups and tech companies. An online project management course aimed at helping you launch a career. One-on-one mentorship, professional guidance, and a robust community network are on hand to help you succeed in Project Management. The average salary for a Technical Project Manager with 7+ years of experience is $182,000.