5 SHOCKING Project Manager NUMBERS you Need to know // Average Beginner PM salary & Raises for PMPs

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Күн бұрын

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Hi Recipe for Success Network,
Today, I’m going to share 5 shocking and surprising Project Management numbers that you need to know. These 5 PM statistics are important to helping you navigate your project management career. If you are a beginner pm or entry level project manager, than these 5 statistics will help you negotiate a better salary and provide compensation transparency. The statistics are 33%, 68%, 61%, 2.5 and $80,000.
As mentioned in Earning Power: Project Management Salary Survey-Thirteenth Edition (2023), the average salary for a PM with less than 3 years of experience is $80,000. PMI also reports that PMs with PMPs earn, on average 33% more, than PMs with no PMP. You can see a country by country breakdown in this link: www.pmi.org/le...
Lastly, PMI reports that in the last 12 months, 68% of PMs reported receiving an income increase of at least 5%. What was yours?
Resources:
In accordance with FTC guidelines, if you select any of the links below because you’ve decided you may want to take a course like the Google Coursera PM course, I've provided an affiliate link below. Please note this means I get a small commission from any purchases made and when you use them, which helps support the channel at no additional cost to you. Thank you for your support!
1. Google Project Management Certification: coursera.pxf.i...
2. UVA Fundamentals of Project Planning: coursera.pxf.i...
3. UCIrvine Course: coursera.pxf.i...
4. IBM Data Science Professional Certification: imp.i384100.net/LPV7xL
PMI: www.pmi.org/ce....
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For business inquiries, email me: emmathecatherder@gmail.com
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Disclaimer: This video represents my personal views only (not that of my employer) and is not meant as personal advice or any sort of guarantee or professional advice. This video is for entertainment/education purposes only.
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Пікірлер: 5

@ronaldjackson2290 6 ай бұрын

Awesome video!! I’m in the group with a Master’s but I encourage people that don’t have a degree to pursue one. It doesn’t have to be in a particular field, but it does fill in a gap in your resume. I would also consider the field you work in (or want to ) and your geographic location. I’m in the DC area so the market has different factors than let’s say Texas. I think this is one of those areas that if you don’t have a degree the certification can cover you until it is accomplished. I know some folks aren’t big on school but if you have a hole in your resume employers will find it and use it against you , especially when It comes to salary.

@UP4NONE 6 ай бұрын

I'm about to become a Professional Scrum Master. I don't have a degree, I want to get into project management but it seems like experience is always holding me back. Aside from creating a project from the ground up, which I'm doing, does anyone have advice for getting my foot in the door?

@ronaldjackson2290 6 ай бұрын

I would grab as many low hanging fruit Certs as possible. Certs can open doors in areas you may not be aware of. I suggest grabbing Project +, Google's cert, and CAPM. These are doable and dont take alot of time to accomplish. They show potential employers that you are broadening your horizons so to speak.

@4Tresake 6 ай бұрын

Enjoyed this video I think I find the most interesting statistic is the starting salary for junior project managers and the project success rate between non PMP vs. PMP certification holders. Eye opening!

@user-nh6ci7ep2m 6 ай бұрын

Great video, thank you. Could you please create a video on the various industries in project management? For example, IT, healthcare, etc. I am interested in working as a project manager in the education industry, but it seems there are not many opportunities.