Project Managers Are Well Compensated

Ann All
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10 Certifications That Get You Hired

This top 10 list reflects the number of times certs were mentioned in job openings posted at Dice.com as of April 1. Number one: Project Management Professional.

Earlier this year, I wrote about the growing demand for business-oriented skills in all aspects of IT, even in areas as techie-tech as the data center. Industry analysts including Gartner say companies will want their employees to possess skills like project management, application development, relationship and sourcing management, and process design and management in addition to more traditional IT skills.

 

The good news is that companies seem willing to provide solid compensation for these kinds of positions. According to a CIO.com article reporting results of the Project Management Institute's (PMI) 2009 Project Management Salary Survey, the median base salary for a project management professional in the United States is $100,000. Three-quarters of survey respondents take home more than $84,000 a year.

 

Even during the recession, between fall 2008 and fall 2009, 53 percent of American project managers got a raise. Thirty-four percent had salaries frozen, and 14 percent experienced a pay cut. And project management pros have an optimistic outlook for 2010. Sixty-seven percent of respondents believe their salaries will grow this year, while just 4 percent think their salaries will drop.

 


The article contains further breakdowns on salaries based on title, educational background, certification, type of project and other factors.

 

IT Business Edge has some great project management resources in our Knowledge Network, including an excerpt from "The Project Management Guidebook."



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