AKHIL UNNI RAJProject Engineer| Interface Technical InspectionDubai, Dubai, United Arab Emirates
Do you think young people who want to get into pm, like those going for the CAPM certification sell themselves cheap when it comes to getting the first job in pm... Is this right ? Saving Changes...
Daniel SwaimProgram Manager| TycoISEvergreen, Co, United States
I believe it has more to do with the local PM market, what industry they are looking to get into (telecom, oil, tech, etc.), and their resumes. Young people (early to mid-twenties) with little or no real PM experience are going to find it hard to break into a high paying position/company/industry with their first job and are usually in a position to choose gaining experience over pay at the beginning. The more experience you have, the more pay you can command.
This would change somewhat if that person had a dual degree or complimentary experience in the industry, but that isn't normally the case.
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1 reply by AKHIL UNNI RAJ
Jun 28, 2016 12:26 AM
AKHIL UNNI RAJ
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That is a great point, Thanks
Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
You have to define what "cheap" means for you or for the market where you are looking that situation. If you are talking about different levels of salary then you will find that lot of companies around the world have different levels tied to quit distintct role level definition most of them named as "Junior", "Semi Senior" and "Senior".
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1 reply by AKHIL UNNI RAJ
Jun 28, 2016 12:33 AM
AKHIL UNNI RAJ
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but I have seen that two different companies in the same industry giving drastically different amount of salary for their junior level managers which is kind of intriguing and pushed me to ask this question
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
I tend to agree with Daniel's and Sergio's opinions on this. There is nothing called selling cheap I guess - It depends on many factors such as market conditions.
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1 reply by AKHIL UNNI RAJ
Jun 28, 2016 12:31 AM
AKHIL UNNI RAJ
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well companies in todays market are trying to get the workforce for minimum.
In that case is this a compromise that we have to do to eventually climb the ladder and I agree that with experience only we can demand for more money.
It always depends on the candidate composure in the PM knowledge and capabilities proved in interviews.
There are many roles int he market for PM.
1. Project Support
2. Project Co-ordinator
3. Associate Project Manager
4. Jr. Project Manager
5. Project Implementer
Depending on the Org structure, org type, pay-bands of the company and type of industry the organization is in. If it is a product based company you may get good pay when compared to market standards for the kind of experience you carry. If consultant based companies you may get less pay as per the policy defined by the company. Saving Changes...
AKHIL UNNI RAJProject Engineer| Interface Technical InspectionDubai, Dubai, United Arab Emirates
Jun 27, 2016 5:09 PM
Replying to Daniel Swaim
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I believe it has more to do with the local PM market, what industry they are looking to get into (telecom, oil, tech, etc.), and their resumes. Young people (early to mid-twenties) with little or no real PM experience are going to find it hard to break into a high paying position/company/industry with their first job and are usually in a position to choose gaining experience over pay at the beginning. The more experience you have, the more pay you can command.
This would change somewhat if that person had a dual degree or complimentary experience in the industry, but that isn't normally the case.
That is a great point, Thanks Saving Changes...
AKHIL UNNI RAJProject Engineer| Interface Technical InspectionDubai, Dubai, United Arab Emirates
Jun 27, 2016 7:19 PM
Replying to Rami Kaibni
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I tend to agree with Daniel's and Sergio's opinions on this. There is nothing called selling cheap I guess - It depends on many factors such as market conditions.
well companies in todays market are trying to get the workforce for minimum.
In that case is this a compromise that we have to do to eventually climb the ladder and I agree that with experience only we can demand for more money. Saving Changes...
AKHIL UNNI RAJProject Engineer| Interface Technical InspectionDubai, Dubai, United Arab Emirates
Jun 27, 2016 5:10 PM
Replying to Sergio Luis Conte
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You have to define what "cheap" means for you or for the market where you are looking that situation. If you are talking about different levels of salary then you will find that lot of companies around the world have different levels tied to quit distintct role level definition most of them named as "Junior", "Semi Senior" and "Senior".
but I have seen that two different companies in the same industry giving drastically different amount of salary for their junior level managers which is kind of intriguing and pushed me to ask this question Saving Changes...
I don't think so. The CAPM has less stringent requirements than the PMP certification. The CAPM requires a diploma or associates degree, 1,500 hours of project experience and 23 hours of project management education. The PMP requires a diploma or associates degree with 7,500 hours of leading and directing projects, 35 hours of project management education or a four year degree, 4,500 hours of leading and directing projects, and 35 hours of project management education. Practitioners should choose the certification based on what works best for their personal situation and experience. Saving Changes...
Akhil, my question would be: Even though these two companies are in the same industry, are you really comparing apples to apples with the companies and the positions? I would want to look at things like do they make approx. the same profits annual? Are their philosophies the same regarding compensation? Are you more likely to get an annual raise or will your salary likely be flat for several years? Are the responsibilities of both junior level managers the same? Are the opportunities for advancement the same? Are there other benefits not factored into the flat "money" earned? Then, decide if I would be willing to start at a slightly lower salary for a quicker and/or more likely opportunity of advancement or for other benefits that may not be clear as part of the money. To me, anyone who accepts a position offered, including if there are additional negotiations, is not selling themselves cheap. By accepting, you are agreeing that the amount paid is in alignment with the expected work at your skill level and experience. If you don't agree that is the case, ultimately you have the power to seek another opportunity that is more in line with your worth. Saving Changes...
Ed Tsyitee JrConsultant | Consultant Tucson, Az, United States
I think anyone going into any career, whether it's accounting, marketing, human resources, etc. should have a understanding of what that industy pay standard is. For project management, PMI issued the Earning Power, Project Management Salary Survey. I'm changing careers to project management/human resources and have my CAPM. This survey will give me an overview of what salary I can reasonable ask for, without selling myself short (cheap). Again, industry salary research, local job market salary research, and what you need paywise realistically to comfortably live should all be part of any young person's job search. Saving Changes...