PMI Project Management Salary Survey –Sixth Edition 8
Half (51%) of respondents report that their total compensation (including salary, bonus, and other forms of compensation) increased over the 12 months prior to completing the salary survey, with 17% of respondents reporting increases of at least 5% over that time period. This is fairly impressive given the significant impact the recent global recession has had on overall employment figures.
The median annualized salary recorded in this survey, across all countries, roles, and experience levels is $90,260 (USD). Approximately 75% of respondents earned at least $67,200 (USD) and the upper 25% earned at least $114,012 (USD). However, as one would expect, median salary varied greatly depending on a number of key demographic factors, the greatest of which are:
• Country of employment
• Number of years experience in project management
• Average size of projects managed, including average project budget and average project team size A more detailed analysis of these factors follows below.
Country of Employment
As seen in the table below, the median salary (when converted to U.S. Dollars using normal exchange rates) for someone in the project management profession varies widely from country-to-country. The country with the highest median salary ($116,625 USD) is Australia while the country with the lowest median salary is China ($21,975 USD).