PM Salaries on Rise?

As employment continues to fluctuate, uncertainty about job stability and the economy is keeping people on high alert. Despite these uncertain times, there is a silver lining for those in the project management profession, according to the Project Management Institute’s latest salary survey.

Created and conducted by PMI’s market research team, the PMI Project Management Salary Survey, Seventh Edition, provides a comprehensive look at compensation in the global project management field, measuring salaries across eight major position description levels in 29 countries. According to the survey, the salaries of project managers around the world continue to climb, indicating not only that project managers are in strong demand, but also that organizations are increasingly recognizing the value of trained project managers to their overall business goals.

This year, 30,000 project management practitioners to the survey. The data was reported across all roles and experience levels.

• The median annualized salary is US$92,000; in the U.S. it is US$105,000.
• 71% of respondents reported that their total compensation (including salary, bonus and other benefits) had increased over the previous 12 months.
• …