The Average Salary of a Certified PMP

Save

Project Management Professional certification (PMP) is a challenging and highly sought after professional designation. This certification is offered by the Project Management Institute (PMI). The PMP designation demonstrates a certification holder's advanced knowledge and experience with project management principles. The salary of a PMP varies depending on the industry and experience.

National Average

  • The national average annual salary for a certified Project Management Professional (PMP) is $88,000. This is the average for all PMPs nationwide as of 2010. According to Indeed.com, “Average PMP salaries for job postings nationwide are 19% higher than average salaries for all job postings nationwide. This salary reflects the average mid-career candidate with approximately 10-15 years of experience." This salary data was provided by Indeed.com and is current as 2010. According to Indeed.com, the salary average for a PMP peaked in approximately September of 2010 and has come down slightly to $88,000 since that time.

Industry

  • The salary of a certified project manager will depend heavily on the industry in which he works. The average salary of a software project manager is $80,000 but can range as high as $120,000. An engineering PMP project manager earns an average salary of $93,000. An executive project manager earns $232,000 on the high end and public sector program managers with their PMP earn $74,000 on the low end. This salary data was provided by SimplyHired.com and is current as of 2010.

Years of Experience

  • A PMP's experience will also help determine his average salary. A PMP fresh out of school will earn an average salary of approximately $51,000 while one to four years brings an average of $66,000. A PMP hits the national average salary of $88,000 between the nine and 19 years of experience. While the average salary for a PMP with five to nine years of experience is $81,000 the average for 10 to 19 years is $99,000. According to Payscale.com, a PMP will hit the six-figure salary mark between their 15- and 20-year mark with an average salary of $111,000. This salary data was provided by PayScale.

Company Size

  • PayScale's 2010 salary data shows that PMPs working for companies with one to nine workers earned a median salary of $73,000 while those with companies of between 10 to 49 employees earned a median salary of $81,000. Employees of companies with over 1,000 employees earned an average salary of approximately $95,000. This average continues to grow as the size of the company increases. Huge companies, like AT&T, with 309,000, employees, pay their PMPs an average salary of $98,500. Surprisingly, the highest paid group were the employees who worked for organizations with between 20,000 and 49,999 employees, earning a median salary of $101,335.

References

  • Photo Credit Stockbyte/Stockbyte/Getty Images
Promoted By Zergnet

Comments

You May Also Like

  • The Average Salary of a Project Manager

    Project managers bear the responsibility for the success of a project. From the planning stages to implementation, they manage the tasks and...

  • What Is the Cost of a PMP Certification?

    The Project Management Professional certification offered by the Project Management Institute has a number of costs to consider. In addition to the...

  • How to Check PMP Certification

    An individual's PMI Project Management Professional (PMP) certification status may be instantly verified by using the designated area of the PMI website...

  • A Project Manager's Salary Range

    From computer technology organizations to advertising companies, professional project managers are responsible for overseeing all aspects of specific company projects. The salary...

  • Salaries Based on IT Certification

    Information technology (IT) is a field that has continued to emerge in the last two decades since the advent of the Internet....

  • The Salary for a PMP in Construction

    Construction project managers oversee all activities related to a building project, from hiring contractors to maintaining schedules and budgets. Some of these...

  • The Average Salary With Adobe Certification

    Adobe is a software company that offers a wide range of professional software used by graphics designers, desk top publishers and other...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!