How much should you earn?

How much should you earn?

Greater awareness of how skill level, experience, and certifications impact salary can give practitioners considerable earning power in a dynamic job market.


Some 520 Irish project professionals participated in PMI’s biennial report, Earning Power: Project Management Salary Survey—Eleventh Edition.


This is an industry-leading source of data for both project practitioners and organizations who want to stay current with the salary landscape for today’s professionals


It can provide valuable insights for individuals, the recruitment sector and the human resource function, regarding compensation levels for project professionals across a wide range of roles and application areas.


Here is a snapshot of some of the data available for Ireland which shows annualized salary information across each of the following variables:

•  Total Compensation
•  Position Description
•  Years of Work Experience
•  Department/Function
•  Gender
•  Project Management Career Path within the Organization

 

Total Compensatiom (Euro)

Annualized Salary by Position Description 

Annualized Salary by Years of Work Experience 

Annualized Salary by Gender 

Annualized Salary by Department 

Project Management Career Path within Organization 

 

Salary data are presented for the 25th percentile, 50th percentile (median), 75th percentile, and mean.

•  25th percentile: the value above which 75% of respondents earned more. For example, if the 25th percentile for annualized salary was €60,000, then 75% of survey respondents earned more than €60,000.

•  50th percentile: also known as the median. The value at which half of all respondents earned more and half earned less. For example, if the 50th percentile for annualized salary was €80,000, then 50% of survey respondents earned more than €80,000 and 50% earned less than €80,000.

•  75th percentile: the value above which 25% of respondents earned more. For example, if the 75th percentile for annualized salary was €100,000, then 25% of survey respondents earned more than €100,000.

•  Mean: also known as the arithmetic average.

 

Source: Earning Power: Project Management Salary Survey—Eleventh Edition
Published by: Project Management Institute, Inc.
14 Campus Boulevard
Newtown Square, Pennsylvania 19073-3299 USA
Email: customercare@pmi.org
Internet: www.PMI.org

 

If you enjoyed this piece, please see our Blog section where we have written over 200 articles on project management.

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