Introduction
A project coordinator is a person responsible for leading a project from its inception to execution in a company. It involves planning, budgeting, monitoring, evaluation, and management of teams and resources. Let us know about the salaries for project coordinator and the factors that determines salaries for project Coordinator in this article.
Salaries for Project Coordinator
By rough estimation, 75% of project coordinators earn under $100,000 per year, with the top 25% making over $100000. A Project Management or Coordinator certificate, and a degree means absolutely nothing to earn high-dollar figures. You get to the higher figures on the strength of your professional competencies to get the project done.
Project coordinator salary in a service company
It starts somewhere around $13000 and can go up to $17000
Most Companies pay their project coordinators staff in this range.
Project Coordinator Salary in a Service Company (Lateral hire)
Lateral hire salary for project coordinators would be in the range of around $14000 to $16000 and can go up to $22000 to $24000.
Project Coordinator Salary in a Product Company
This would start around $20008 to $30000 and can go up to $32000 to $34000.
Project Coordinator Salary in a Product Company (Lateral hire)
Starts at around $30000 to $32000 and can go up to $40000 to $42000.
Project Coordinator Salaries according to job levels and experience
If the project coordinator has a university degree eg in engineering, then an experienced project coordinator can make between $100,000 to $150,000 plus an annual 20% bonus for a job well done.
That said, most projects are smaller in scope, and need not be as high in the organization. Some companies have engineers leading their development projects.
Now, an engineer generally is still a “white collar” position, but in practice, most would be considered mid-level project coordinators.
Other projects are similar, in that the Project Coordinator is a short-term position that the project coordinator (or other employees) does for a short-term.
So, most of the time a project coordinator is not in a high-level position within an organization. For example:
- L2 – Project Coordinator: Experience -> 2 – 6 years Average Annual Salary -> 15 000 USD
- L3 – Sr Project Coordinator: Experience -> 7 – 14 years Average Annual Salary -> 23 000 USD
- L4 – Project Delivery Coordinator: Experience -> 15 – 20 years Average Annual Salary -> 26 000 USD
- L4 – Project Delivery Director: Experience -> 15 – 20 years Average Annual Salary -> 31 000 USD
- L6 – Vice President – Project Coordinator: Experience -> 15 – 25 years Average Annual Salary -> 39 000 USD
Freelance Project Coordinator Salaries
If you work as a contract or freelance Project Coordinator the rate can be different again, on large mission-critical projects a person could negotiate a daily rate for instance anywhere between $600 – $1,500 per day. With an average of about 250 workdays a year (which excludes weekends, public holidays etc.). As an example a 200-workday project at $1,000 per day, you could be looking at around $200,000.
Project coordinator salaries comparison between select countries
A project coordinator, in general, gets a good salary, but it depends on the individual country’s economic system or the project coordinator’s demand. For example, the average salary for a construction project coordinator is $90,197 per year in the United States. The average salary for a Project Coordinator is $78,010 per year in Canada. The average salary for a Project Coordinator is $123,871 per year in Australia.
Project Coordinator job requirements
The Project Management or Coordinator certificate and degree get you in the door when you are interviewing. But, once you are hired, you advance based on your abilities. Not your certifications. You also need to have related degrees e.g., a Computer Science degree, and a Project Management or Coordinator certificate.
Experience also matters. You can miss being selected for a project management position by somebody without a degree or a Project Coordinator certificate just because maybe the person being selected deserved that position more since they worked, blasted hard, and beat you out of the position because of their experience, where you may be lacking.
You should re-double your efforts to make yourself marketable and earn more as a project coordinator. You could get an MBA with Project management and coordination emphasis. You should also be increasing your soft skills. Public speaking is essential to excel as a project coordinator. Next is negotiation, and leading teams.
What determines salaries for project Coordinator?
- It depends on which country one is employed in since different countries have different salary ranges for the same role of a project coordinator.
- If you are comparing project coordinator salaries in different states in the USA keep in mind the current wage rates.
- The average salary for a Project Coordinator is $127,000 per year in Most parts of the USA.
- The average salary for a Project Coordinator in some other parts of the USA’s $64,000 annually.
- The average Project Management Coordinator salary in some parts of the United States where there are a lot of projects hence high-end project coordinators is the U.S. $137,769 as of 2022.
- Project Coordinator salaries also Depend on industry experience
- For a full-time role it could be in the range of $50000 to $150000 per annum
- For a contract role it could be in the range of $40-120 per hour.
Conclusion
In Conclusion, A project coordinator’s salary is generally good, but it is dependent on the individual country’s economic system or the project coordinator’s demand. In the United States, for example, the average annual salary for a construction project coordinator is $90,197.
Frequently Asked Questions
1.Is Project Coordinator A High Position?
It can be, depending on the project. Any project coordinator working on a project large project eg civil engineering project is going to have a fairly high position. Think about any bridge, dam, airport or major highway. Think of any large skyscraper. The project coordinator “running” the overall project is going to be fairly high up in the organization and earn high salaries.
2.What is the Average Annual Salary for a Project Coordinator outside the US?
In some parts of the world such as Europe, the average annual salary for a Project Coordinator is $78,010. In Asia and Africa, the average annual salary for a Project Coordinator is $43,871.
