PMP Certification Salary
When deciding whether to pursue PMP certification one of the big questions is: what are the salary and career impacts of becoming PMP certified? The answer: 20 percent of your salary. That represents a considerate jump in pay. Now, there are several variables, which we’ll explain below.
We gathered PMP salary information for project managers from a broad range of companies including: PMI, PayScale, Glassdoor, Indeed, Salary.com, Monster, Career builder. The chart shows the salary ranges that a PMP project manager can expect to make, by location.
According to PayScale, Project Managers in Information Technology earn between $88,120-$149,195 while Project Managers in Engineering earn between $67,629-$139,597. Meanwhile, the average salary for an MBA graduate is $99,625.
According to PMI’s Project Management Salary Survey 7th ed., the average salary for a Project Management Professional was $92,000. If you compare a the Salary of a PMP certified project manager vs. a non certified project manager, the difference is approximately 20%. In the United States, if you compare a median PMP salary, it is $111,000 as against $91,000 for a non-certified project manager.
Many Fortune 500 companies require their Project Managers be PMP certified. PMP certification is a true differentiator; placing project managers without a PMP at a competitive disadvantage.
There are over 13,000 job openings on Linkedin for professionals with a PMP certification. Here are the top cities hiring for PMP certified professionals.
PMP Salary by City
|City||Job Openings||PMP Certification Training|
|Washington DC||1420||PMP Certification Training in Washington DC|
|New York||813||PMP Certification Training in New York|
|San Francisco||534||PMP Certification Training in San Francisco|
|Chicago||362||PMP Certification Training in Chicago|
|Boston||334||PMP Certification Training in Boston|
|Dallas||333||PMP Certification Training in Dallas|
|Atlanta||326||PMP Certification Training in Atlanta|
|Seattle||277||PMP Certification Training in Seattle|
|Denver||184||PMP Certification Training in Denver|
|Houston||148||PMP Certification Training in Houston|
|Phoenix||138||PMP Certification Training in Phoenix|
|Austin||127||PMP Certification Training in Austin|
Based on the what type of job you are in, your PMP certification salary can vary. While it is higher in IT industry, you can get higher PMP certification salary if you are a program manager.
PMP Salary by Job Title
|Project Manager (Information Technology)||$65,161 – $125,836|
|Project Manager (General)||$57,877 – $122,485|
|Program Manager||$68,150 – $139,552|
Depending on the size of your company also, your PMP certification salary can vary. From the table below, you can see that the PMP certification salary increases along with the size of the company.
PMP Salary by Company Size
|Company Size||Salary Range|
Return on Career Development Investment
You can take a PMP certification exam preparation training class for less than $2,000 and the entire process for less than $2,500. In less than three months, you can become PMP certified. However, it takes 18-24 months and between $60,000-$200,000 to earn an MBA.
PMP vs MBA Comparison
Cost savvy professionals who want to invest in their career education may consider a PMP certification to be a far better option with significantly higher returns on investment (ROI) than an MBA.
In conclusion, given the intense competition in the workplace, PMP Certification is extremely beneficial. Becoming PMP certified sets the standard and quickly highlights your ability and experience. The PMP Credential is specifically designed to be an unbiased endorsement of your experience, competence and ability to leading project teams.
If you’re a project manager with a minimum of 2-3 years of experience and you want to solidify your skills, stand out among your peers, as well as maximize your career security and earning potential, you should confirm you meet the PMP certification requirements and then attend one of our PMP Boot Camps.