It really does depend on the specific industry, location, and even the specific type of project within the industry. It also relates to the supply vs demand.
I'd suggest checking large recruiting sites such as Indeed or Dice to get a general range of rates.
Also, remember that there aren't standard role descriptions for Senior vs (normal) PMs. A PM in one company might end up billing at a higher rate than a Senior PM in another.
Kiron
Kiron
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2 replies by Janice Toney
Jun 26, 2024 5:23 PM
Janice Toney
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Thanks Kiron and Eric - Very good points. It's been a challenge to build a rate card from the other side where we hire consultants and have a base rate, and then add on for the specializations.
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Janice, I totally agree with Kiron. This is heavily dependent on the factors mentioned by Kiron and it can vary widely from one industry and location to another. Check Pay Scale, you might find some useful info there.
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1 reply by Janice Toney
Jun 26, 2024 5:24 PM
Janice Toney
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Thanks Rami - Checking out Payscale to see if I can get a baseline rates to build out a rate card.
Saving Changes...
Eric SimmsSenior Program ManagerBaltimore, Maryland, United States
I’ve been a consultant in the Washington, DC area for nearly 20 years. I suggest you look at job postings to determine a general rate to charge, but also carefully consider what you offer to each potential employer. For example, do you have a rare set of skills an employer needs? Do you have formal training in an organization's industry (i. e. you are applying to a pharmaceutical organization and have a Biology degree)? Do you have certifications that relate to the organization’s industry?
I’ve found many organizations prefer PMs with some degree of knowledge about the organization's industry over PMs who don't. The more benefit you offer an employer, the higher the rate you can request and expect to get. Saving Changes...
Janice ToneyPractice Lead, Project Management| Silver Tree Services and ConsultingOakton, Va, United States
Jun 26, 2024 12:11 PM
Replying to Kiron Bondale
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Janice -
It really does depend on the specific industry, location, and even the specific type of project within the industry. It also relates to the supply vs demand.
I'd suggest checking large recruiting sites such as Indeed or Dice to get a general range of rates.
Also, remember that there aren't standard role descriptions for Senior vs (normal) PMs. A PM in one company might end up billing at a higher rate than a Senior PM in another.
Kiron
Kiron
Thanks Kiron and Eric - Very good points. It's been a challenge to build a rate card from the other side where we hire consultants and have a base rate, and then add on for the specializations. Saving Changes...
Janice ToneyPractice Lead, Project Management| Silver Tree Services and ConsultingOakton, Va, United States
Jun 26, 2024 12:43 PM
Replying to Rami Kaibni
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Janice, I totally agree with Kiron. This is heavily dependent on the factors mentioned by Kiron and it can vary widely from one industry and location to another. Check Pay Scale, you might find some useful info there.
Thanks Rami - Checking out Payscale to see if I can get a baseline rates to build out a rate card. Saving Changes...
Janice ToneyPractice Lead, Project Management| Silver Tree Services and ConsultingOakton, Va, United States
Jun 26, 2024 12:11 PM
Replying to Kiron Bondale
...
Janice -
It really does depend on the specific industry, location, and even the specific type of project within the industry. It also relates to the supply vs demand.
I'd suggest checking large recruiting sites such as Indeed or Dice to get a general range of rates.
Also, remember that there aren't standard role descriptions for Senior vs (normal) PMs. A PM in one company might end up billing at a higher rate than a Senior PM in another.
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