Rob MartinConsulting (Contract)| Microsoft (Thailand)Lam Luk Ka, Pathum Thani, Thailand
http://www.theladders.com/ Here's a website that purports (and probably delivers) on the exciting development of jobs that are more than 100K.
When I was 20, I used to thing that the pinnacle of my career would be when I earned 100K (pick a currency.. USD, AUD, NZD).
I've been in environments where they want to pick a PM for a vital role and they want to pay her/him 95K and they must have global exposure and run projects of many millions of dollars.
It strikes me sometimes that the PM is often undervalued and that many pretenders jump in and work for way less than a role is worth.
Is this a case for a formal qualification that disallows them?? No, because I think there are many excellent PM's out there that have no PMP's, Degrees or formal studies. What it does show is a management immaturity toward selecting people in roles of critical importance.
If you're taking less than 100K and you're working on projects 10x or more of that value, you're underselling yourselves.
If you cannot do the job, then we thanks you, because it means someone has to come and clean up (in many ways)
Is it just me?
In these torrid times, they will try and screw you down. And perhaps there is a case for this. But I am not a believer in making my airline pilots unhappy, my bus drivers drunk or my vasectomy doctor jealous.
if you get my drift.....
All in good spirits for this tough 2009!!!
Rob Saving Changes...
More than 100k! wish we had these PM jobs advertised in the UK, no such luck with the economic downturn salaries have reduced and the demand for multi-skilled PM's has increased. What do I mean? well, the market is such that Employers are now asking for God - unless you are prepared to undertake multiple projects as PM, be the BA [Business Analyst] and Technical Manager in any given discipline your CV will be cast aside. I my prepared to kill myself over a this type of a job! no thanks, there is a balance in life and as the motto goes I work to live and not live to work.
Thank you it is an interesting topic.
Saving Changes...
Richard HowProgramme Management Consultant| How Associates LtdHarthill, South Yorkshire, United Kingdom
I recently applied for a programme management role with a salary of 60 to 75k GBP and then had a call from the agency to say the client has revised the salary band to 40 to 50k I withdrew my cv as I felt the client was taking liberties. Its really a employers market at the moment and some of them are really making the most of it Saving Changes...
Mark Price PerryBusiness Driven PMO Evangelist| BOT InternationalOrlando, Fl, United States
For many organizations, it is not so much that PMs are under paid, rather that normal market forces of supply and demand drive up (or down) salaries. Few employees are paid based upon their value. Even if you could measure employee value, why would a firm pay more than the going market rate? While some positions within a firm are easier to compensate on a leveraged, pay for performance, incentive basis, for the most part project management is viewed as a straight salaried staff position with the typical bonuses peppered about. Compared to a sales position where you can not achieve your full salary equivalent or even be terminated for not making your sales quota or a marketing position where you can lose your job over poor market share results, project management roles have much less, and in many cases, minimal risk. So, if there are salary insults going around, they are likely not aimed intentionally at project managers or at least the project managers are not at the head of the line. Saving Changes...
Rob MartinConsulting (Contract)| Microsoft (Thailand)Lam Luk Ka, Pathum Thani, Thailand
It is an interesting Subject.
Perhaps there';s differing drivers between Contract PM's and Employee PM's.
Certainly there's a market willingness at present to drive down costs.
Sometimes that is counterproductive. Saving Changes...
