Technical project manager salary
$78,972 per year is the average technical project manager salary in the United States, according to the PayScale survey. This figure is based on 1,000 interviews of Technical Project Managers conducted by PayScale between April and June 2018, among other factors such as the job title, experience, and work hours.
There’s a good chance you’ve heard about the $130,000 salary that technical project managers earn. While this number has been making the rounds online, there’s a lot of misinformation about the actual wages of technical project managers.
The number you’ve heard is incorrect. A recent report by the Bureau of Labor Statistics states that the average salary for a project manager is $98,190.
However, there are some misconceptions about what makes up this salary. So, let’s clear the air.
There’s no denying that being a technical project manager (TPM) is hard work. When you add in all of the work you have to do for your team members, clients, etc., then you get a pretty long list of tasks to complete daily. So, if you’re planning on becoming a TPM or already have the title, here’s what you need to know!
What is a technical project manager’s salary?
The Bureau of Labor Statistics has released data that shows the average salary for a technical project manager is $98,190. The BLS also stated that the median annual income for a technical project manager was $110,090.
While the number has made its rounds on social media, a few factors must be considered before accepting it as accurate.
For example, the BLS uses the median income, which means that half of all project managers earn more than this number, and half earn less. The report is based on survey responses from about 3,000 project managers.
This means that the average and median numbers are not equivalent, and the median is more accurate.
The BLS data is also based on a three-year average, which is much longer than the typical tenure of a technical project manager.
How much does a technical project manager make?
The number you’ve heard is incorrect. A recent report by the Bureau of Labor Statistics states that the average salary for a project manager is $98,190.
That’s nearly 20% higher than the national average and is up 4.4% since last year. There are many different types of project managers. Some work in engineering, while others specialize in financial services, healthcare, or marketing. Whatever their job title, they all have one thing in common: they manage projects. Project managers manage all stages of a project from inception to completion.
They are responsible for ensuring that projects run smoothly and on schedule. But what does it take to become a successful project manager? Do you need a college degree, or can you get through experience? To find out what it takes to be a project manager, we asked six experts for their advice.
Read on for their top tips. 1. Become an expert in your field. Before you start managing projects, you’ll need to understand your subject matter deeply. “You need to have a good level of expertise in the area of your work,” says Linda Dannenberg, senior vice president of project management at CSC. “If you don’t have that expertise, you can’t do your job well.
What is a technical project manager’s salary in the USA?
The Bureau of Labor Statistics (BLS) has published a detailed list of the median annual wages of project managers across different industries.
Let’s look at the median annual wage for technical project managers in the US.
According to the BLS, the median annual wage for a technical project manager is $98,190.
Here’s a quick breakdown:
• The highest paying industry is Information Technology Services, where the median annual wage is $121,570.
• The second-highest paying industry is Management Consulting, where the median annual wage is $104,710.
• The third-highest paying industry is Construction, where the median annual wage is $79,090.
• The fourth-highest paying industry is Engineering, where the median annual wage is $79,370.
• The fifth-highest paying industry is Computer Software, where the median annual wage is $76,390.
• The sixth-highest paying industry is Finance, where the median annual wage is $74,990.
• The seventh-highest paying industry is Administrative Support, where the median annual wage is $72,400.
How much do tech project managers make?
While $130,000 may seem like a lot of money, it’s not necessarily the case for all technical project managers. The average salary is around $98,190.
A recent report by the Bureau of Labor Statistics shows that the median annual salary of a project manager is $98,190.
That’s $17,040 more than the average worker. However, this figure varies depending on the industry and the company’s size. For example, in the construction sector, the median pay is $101,840 annually. This means that there are project managers who earn less than $54,000 per year and others who make well over $130,000. Here are some top paying cities for project managers: Austin, Texas: Median annual salary: $115,050. Austin is the capital of Texas. This city is home to the University of Texas at Austin, known for its many sports teams.
Frequently asked questions About Technical projects.
Q: Do you make more than $60,000 a year?
A: I make more than $60,000 a year as a project manager. I live in San Francisco, where the median salary for a software engineer is about $108,000.
Q: Are you making $100,000 or $150,000 a year?
A: I am making $100,000 a year. In my position, I manage a team of 10 people.
Q: What do you do for a living?
A: I am a technical project manager.
Top myths about Technical project
1. You need a master’s degree to be a technical project manager.
2. A technical project manager’s salary depends on the size of the company and the type of business they are in.
3. You need many skills and experience to become a technical project manager.
4. Your job requires a lot of travel.
5. You should be able to do the job yourself.
Conclusion
It doesn’t sound too bad. But when you’re new, you have to be realistic.
If you’re new, you’ll likely be starting at the bottom of the pay scale.
While it’s true that you’ll get paid a little bit more when you become a seasoned pro, it won’t be a huge jump.
For instance, I’m the lowest-paid employee at my current company and make less than $50k per year.
MWC 2019: Microsoft to roll out HoloLens 2 on February 24
Microsoft has bothered the launch of HoloLens 2 via a video. The Windows Mixed Reality (WM…