Salaries for technical project managers range from lower to higher depending on the education level, experience level, skills, location of the job, and the hiring company. Few salaries may be considered too low and few can be too high, but it all depends on the factors mentioned above.
Salaries that can be considered as the lowest salaries and are provided to fresh graduates or people with good educational backgrounds are averaged at $65,000, while the highest salaries are provided to experienced people with an experience of almost 9–10 years, on an average of $105,000 per year.
This article contains all the details about the functions of technical project managers; eligibility criteria for technical project manager; and their salaries depending on education, experience level, job location, and the hiring company.
Technical managers and their work:
Technical project managers can be considered technical leaders as well as managing directors. Technical project managers work on the planning and management of IT-related projects. Technical project managers require high-level communication skills and expertise in leadership, management, and organization.
Eligibility criteria for becoming technical project managers:
To become a technical project manager, one should have a bachelor’s degree in the field of management information systems, MIS, computer science, engineering, or any other management and technical field. For more chances of getting a job as a project manager, one should get certification in project management from a prestigious institute as well as a bachelor’s degree. Technical project managers also require prior experience, which will help to get a handsome salary.
Salaries of technical project managers
In this article, the salaries of project managers based on a few factors will be described separately in parts as given below:
- Salaries are based on education.
- The salaries are based on experience level.
- Salaries are based on the job location.
- Salaries are based on the hiring company.
Salaries of technical project managers based on education:
Technical project managers with bachelor’s degrees and no extra certification in project management will earn less salaries as compared to those who have a project management certification from a prestigious institute. There is a starting salary for bachelor’s degree holders of an average of $60,000, whereas the one with a better learning experience through certification can have a salary of $65,000.
Salaries of technical project managers based on experience level:
In professional life, experience level plays a vital role in getting better salary packages. Technical project managers have different salary packages based on their experience. Different levels of experience and their salary packages are given as under:
- A new technical project manager will get an average salary of $63,000 per year.
- A technical project manager with an experience level of 1–4 years can earn a salary of almost $78,000 per year.
- A technical project manager with mediocre experience of up to 5–9 years can have a salary of $92,000.
- A manager with a higher level of experience can get a salary of almost $105,000 or $122,000 per year.
Salaries of technical project managers based on job location:
Salaries of technical project managers vary according to job locations because if a company is located in a metropolitan city where more industries compete, a manager will get a much more handsome salary as compared to the cities that are considered backward areas where there is no competition between industries. The following are the salaries in a few cities in the United States:
- Washington, DC $123,290 per year.
- San Francisco, CA $117,147 per year.
- Atlanta, GA $100, 707 annually
- $101,024 in New York
- $116,607 in Chicago, Illinois
Salaries of technical project managers based on the hiring company:
Salaries also depend on the companies where you are serving because every company sets its pay scale and employees are supposed to follow that.
A few companies that hire technical project managers are given as under:
- TEEMA Solutions Group, Inc.
- Information technology at General Dynamics
- Apple
- Stefanini Information Technology Solution
- AppDynamics
Salaries of technical project manager at TEEMA Solutions Group, Inc.
TEEMA Solutions Group, Inc. is a health sector industry. It was founded in the year 2008. This company deals with hospitals, health clinics, and patients. This company hires technical project managers and, at the time of hiring, shares the responsibilities as well as salaries with them. The salaries of technical project managers at this company are an average of $158,795 per year.
Salaries of technical project manager at General Dynamics Information Technology
General dynamics information technology is a defense and aerospace company that was founded in the year 1996. The salaries of technical project managers at this company are on average of
$154, 114 per year and this is quite less than the average salary of TEEMA solutions.
Salaries of technical project manager at Apple:
Apple is a very well-known information technology, IT company that produces innovative and automated products for the ease of its customers. The products of Apple are very well-known in the market of almost every country, not just the united states. The technical project managers of apple earn handsome salary packages which are at an average of $148,766 per year.
Salaries of technical project manager at Stefanini IT solution:
Stefanini IT solution is a Brazilian company that deals with services and software. It was founded in the year 1987. It provides its technical project managers with salaries of $141,984 per year.
Salaries of technical project manager at AppDynamics:
AppDynamics is a company that deals with application management and intelligence. AppDynamics aims to provide software that monitors and analyzes customer experience. It was founded in the year 2008. It offers technical project managers an average salary of $140,940 per year.
Conclusion:
The salaries of technical project managers are divided into different ranges according to their qualifications, experience, location, and the hiring company. The overall average salary found through different websites is $99,777 per year in the United States.
(FAQs):
What other benefits do technical project managers get along with salary?
Other benefits that technical project managers get are:
- Health insurance
- Life insurance
- Paid leaves
- Parental leaves
Does every company hire technical project managers?
Yes, almost every company hires technical project managers with exception of those small-scale companies that either does not require them or do not afford them.
