Project management salaries on the rise

Despite the global recession, salaries in the project management sector continue to grow.

According to a recent PMI Project Management Salary Survey, project managers are earning more than they were two years ago, instead of suffering income losses.

Of the nearly 35,000 project management who responded to the survey, 51% reported an increase in their total compensation, with the global median salary reaching US$90,260.

“Though the lessons learned from the downturn won’t be quickly forgotten, these numbers indicate that organisations are starting to get back on track and return to their pre-recession plans,” said Gregory Balestrero, President and CEO of PMI.  “In addition, they show that organisations are still willing and able to pay for top project management talent.  This is great news for project managers who are looking to extend their careers with new skills, individuals who may be interested in a career change and those who are coming out of school and considering what job would best suit their future goals.” Surveyed countries include Australia, Germany, the United States, the United Kingdom, France, Canada, Japan, Italy, New Zealand, the UAE, Hong Kong, Saudi Arabia, Brazil, Singapore, South Korea, Mexico, India, Taiwan, and China.