Information Technology IT Manager Salary in 2023

A good starting salary for an information technology project manager is $73,000 in the United States. That puts you in the 10th percentile of annual income for an information technology project manager in the U.S., which is about what you would expect if you were new to the field. The average salary for information technology project managers is $100,468, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for an information technology project manager can vary by state. Information technology project manager salary is impacted by location, education, and experience.

Having a Project Management Institute certification can dramatically affect a project manager’s salary, depending on which country they work in. The top 25% of IT managers earned an average of $185,610 that year, while the bottom 25% made $113,110. Project managers in the healthcare sector help medical facilities run efficiently. They use the same principles and stages of project management as other PMs, transposing these concepts into healthcare contexts. To learn up-to-date skills, approaches, and tools of project management, sign up for SkillUp EdTech’s Modern Project Management Specialization. Inside, you’ll build a portfolio that showcases your skills and practice for the CAPM certification exam.

Similar Job Salaries to It Project Management by Company

A fintech-specialized IT Project Manager excels at handling challenges specific to this sector. For example, they might manage the launch of a decentralized finance (DeFi) platform or ensure regulatory compliance for a robo-advisory tool. Their proficiency encompasses not just technology but also the intricate landscape of financial regulations and market trends.

The exact salary for each IT project manager will depend on their specific level of experience, education, project management skills, soft skills, and other factors. As we continue our guide on IT project manager salaries, it’s important to recognize the significant role that location plays in determining these salaries. The cost of living and demand for IT professionals varies greatly depending on the region, resulting in regional salary differences for IT project managers. This is based on the latest data and projections from industry experts and job market analysts.

What is the Pay by Experience Level for Project Manager, Information Technology (IT)s?

Not only does Bluebird have an impressive roster of IT professionals seasoned in fintech projects, but its credibility is further established with big-name clients like Blackrock and MSCI. From aerospace to music, the Skillsoft IT Skills and Salary survey found these are the top-paying industries for IT professionals. Here, we’ll walk you through what an IT Project Manager does and what the average salary is based on a few factors. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals. Your cash compensation in this field ultimately depends on a variety of factors. If you’re looking to maximize your paycheck, consider these components of the pay equation.

• Sustainability-minded project managers assess the environmental impacts of their decisions alongside the economic costs.
• Their expertise extends beyond typical project management, encompassing areas like blockchain, AI-powered financial analytics, and digital payment systems.
• Earning a project management certification can help validate your skills and experience to employers.
• Aside from getting a formal degree and job experience, you can also seek out online certifications and courses that will get you up to speed.
• Project managers specializing in construction management may benefit from joining professional groups like the Construction Management Association of America to gain advanced training and certification.
• However, graduates of business programs can also build successful careers in this field with a thorough understanding of relevant frameworks.

The six courses included in this certificate cover such skills as project documentation, Scrum approaches, executing and closing a project, and more. This program can help you prepare for a certification or an entry-level project management role. Upon completion, you can apply directly with Google and some 130 other employers.

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Healthcare project management concentrations teach students about current challenges in the healthcare sector, including budget cuts, increased regulation and staffing shortages. They learn how to overcome those bottlenecks while fostering collaboration and productivity. As of July 2023, Glassdoor reports that the top-rated companies with over 10,000 employees that are hiring project managers include NASA, ServiceNow, Intuit, eXp Realty, and NVIDIA [5].

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• They learn how to overcome those bottlenecks while fostering collaboration and productivity.
• California pays Information Technology Project Managers the most in the United States, with an average salary of $127,272 per year, or $61.19 per hour.
• If you’re looking to specialize in project management, you can consider joining an information technology (IT) team.
• Employers are looking for project managers who can effectively operate in hybrid and remote settings, so if you can demonstrate these skills, you will be able to stand out from the competition.

The University of Virginia’s crash course, Fundamentals of Project Planning and Management, takes you through project planning, execution, and monitoring. You can complete this course in about nine hours and begin applying your new skills to real-world projects. It’s important to remember that methodologies and techniques often depend on the industry, company culture, and type of project.

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According to Zippia, the majority of project managers—68 percent—have a bachelor’s degree and 14 percent hold a master’s degree [2]. When project managers accumulate five to 10 years’ experience, project managers in the U.S. may start earning about $100,000 annually. Compare information technology project manager salaries for individual cities or states with the national average. An information technology project manager’s salary ranges from $76,000 a year at the 10th percentile to $149,000 at the 90th percentile. The average information technology project manager salary in California, Washington, and Virginia are the highest in the U.S.

However, a range of factors affects how much an IT project manager can expect to earn, and these factors can vary widely based on the individual and their circumstances. Bureau of Labor Statistics, project management specialists earn a median salary of $95,370—almost $50,000 higher than the national median how to become a project manager wage of $46,310 for all workers. Project management jobs are a good fit for workers with strong organizational and leadership skills. Because many industries—including finance, healthcare, IT and construction—need project management professionals, you can find work in a diverse array of workplaces.