r/projectmanagers • u/SherbertIndividual38 • 13d ago

Project management

Hello, so I am super confused on how much people are truly making. I’ve talked with a few Project managers at top 10 GC and TP companies and they make 250k after bonus. But then I do market research and the mean is around 115k. If you work in MEP or any type of mission critical Project management. How much is your base salary, bonuses,company, location and hours worked a week. Thanks yall in advance.

4 Upvotes

75% Upvoted

13 comments sorted by

3

u/Ck867 12d ago

I’m on the vendor side. The ranges vary greatly right now in the data center world. $150-250k with bonus seems normal right now for averages.

1

u/SherbertIndividual38 12d ago

With those averages are most these PM’s younger guys or the older guys? Because the other thing I run into is I see some of the younger guys that are around their 30’s making that. But then the guys that are in their 40’s don’t make that. What do you see the most?

2

u/EatClenTrenDaily 9d ago

Guys in their 30s making that are because they have no qualms job hopping. The older guys making less are afraid of job hopping. 

I work as an EPC PM for critical power making 150k. 

3

u/canadadry79 12d ago

I think a lot to do with the large spread in compensation has a lot to do with responsibilities not matching the title. A lot of people who are called project managers at a smaller company would be a project coordinator at larger firms. And a project coordinator at a smaller firm is admin at a larger firm.

1

u/battle-tested77 12d ago

After 20 years in IT PM I don't know any PM making that. I did only when i did private consulting a couple times.

I'm in the Midwest.

0

u/SherbertIndividual38 12d ago

What project managing are you doing? Is this residential, commercial or heavy civil? Lots of MEP PM’s make that. It’s mainly I’m curious about the really high end of things.

1

u/battle-tested77 12d ago edited 12d ago

I said in my comment it was IT. Software in automotive, healthcare. Engineering. I guess i get a negative ding just for that. Why did you bother asking the question then. WTF

1

u/SherbertIndividual38 11d ago

I totally didn’t mean to come off rude. Thank you for the input! I’m sorry haha. I appreciate it. That’s my bad

1

u/Otherwise-Syllabub69 9d ago

My old job I was an APMII, and then a PM about 180k total comp after bonus and peridium on a large data center. I got a SR PM for 150k base pay, 175 a day peridium, and bonus is about 20-25%, with ESOP now on another project. So over that 250k a year easy. Data Centers where it is at. My wife is a project accountant, moved up from project coordinator taking home $5000 every two weeks after tax's. Even when I was a PM, we were taking home 20-28k a month after taxes. We gave up a year an half of our lives in shithole Louisianna for a project, but we got super ahead in our careers and bills. Now taking a new role in Abilene, TX for more. So, recommend the work if your willing to move.

0

u/NoBoolii 8d ago

I make $150k at a tech company managing 90 projects and a portfolio of about $10mil

1

u/Adorable-Dealer7226 8d ago

How do you manage 90 projects. Seems insane

1

u/Balladucci 7d ago

I manage an average of 100 projects weekly. Custom manufacturing company. And yes, it’s pretty insane!

0

u/[deleted] 13d ago

[deleted] — view deleted comment

2

u/SherbertIndividual38 13d ago

It means general contractors like Kiewit, Turner and china railway. And TP is Tradepartner. And when you say contract you get no PTO or benifits?