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Managing a project is not difficult, but it can be challenging since the necessary skills are not taught in schools, even when they should be in NYC, it’s not what you know but who you know, and that’s why the salary of a project manager is in view.
Even if you have a great resume, you will get lost in a stack of equally qualified resumes in a city like New York.
A project manager’s best job is leading a competent, professional, loyal, and hardworking team on any project.
You will fail if you do not attract such individuals.
Furthermore, if you get the other way around, you’ll have to spend some time training them and getting them back on track.
In this resource, we intend to give you ample information on the salary of a project manager in NYC. However, we must first get comfortable in the shoes of a project manager and understand what exactly they do.
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What Does It Mean To Be a Project Manager in NYC?
Project management, or being a project manager, is not for everyone. Yes, anyone can be a project manager in theory, but it is not for everyone.
Being a project manager necessitates being organized and analytical. It is a role that entails managing staff who perform various tasks, dealing with conflict and changes, and being responsible for budget control.
Also, ensuring that the project meets its initial objectives within the time frame specified.
It’s a fantastic role, but it’s also demanding. So, if you thrive under pressure, are organized, and can manage and motivate teams to meet deadlines, becoming a project manager could be a good fit for you.
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What is the Role of a Project Manager in NYC?
As a project manager will have many tasks throughout a project, we believe this will come down to personal preference.
We like this pair:
- Removing roadblocks: This, I believe, benefits both the project and the team by allowing work to progress.
- Finding solutions: While some may argue that this is a job for experts, It’s enjoyable getting into a room with the team to brainstorm solutions (both strategic and tactical) for the project—excellent mental exercise.
Best wishes.
What is the Average Salary of a Project Manager in NYC?
The annual salary for a project manager in New York, NY, is $100,000, according to Zippia. A project manager’s hourly rate is $48.08/hr on average. The national average project manager salary is $96,229 per year.
The average project manager salary in New York, and NYC is broken down below by the highest paying companies and industries.
You can also compare various project manager salaries in and around New York, as well as a salary history chart showing how the average salary for project managers in New York has changed over time.
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Factors Affecting the Salary of a Project Manager in NYC in the US
The salary of a project manager in NYC is determined by factors such as location, experience, industry, etc.
On glassdoor.com, for example, the average salary for everyone and everything is $75,000. If I change it to 0–1 year of experience, the salary drops to $55,000. If I change the industry to aerospace and defense, the average wage will rise to 82k.
How Much Does a Project Manager in NYC Make in the US?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $135,000 | $11,250 | $65 |
| 75th Percentile | $115,000 | $9,583 | $55 |
| Average | $96,229 | $8,019 | $46 |
| 25th Percentile | $80,000 | $6,667 | $38 |
| 10th Percentile | $68,000 | $5,667 | $33 |
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How Much Does a Project Manager in NYC Make A Year?
The average annual compensation for a project manager in NYC is $78,133.
Just in case you need a simple salary calculator, that works out to be approximately $37.56 an hour. This is the equivalent of $1,502/week or $6,511/month.
While yearly salaries as high as $145,379 and as low as $31,153 have been reported on Zippia, the bulk of project manager salaries in NYC now vary from $60,665 (25th percentile) to $103,842 (75th percentile), with top earners (90th percentile) making $129,529 annually in New York.
Even with many years of experience, the typical salary range for a project manager in NYC is relatively consistent (about $35,000), implying that there are few prospects for more excellent compensation or development regardless of location.
How Much Do Project Managers in NYC Make a Month
The average monthly compensation for a project manager in NYC is $6,511 per month.
The monthly salary for project managers in NYC range from $6,667 (25th percentile) to $9,583 (75th percentile) on ziprecruiter.
Even with multiple years of experience, the typical salary range for a project manager in NYC varies slightly (about $2,916). This also implies that there are few prospects for more excellent compensation or development, regardless of location.
How Much Do Project Manager Jobs in NYC Pay per Hour?
The average hourly pay for a project manager in NYC is $38 per hour.
While Zippia’s hourly salaries are as high as $65 and as low as $33, most project manager salaries in NYC currently fall between $38 (25th percentile) and $55 (75th percentile).
Even with several years of experience, the average pay range for a project manager in NYC is relatively consistent (around $17), implying that there are few opportunities for increased pay or advancement regardless of location.
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Salary of a Project Manager in NYC Based on Location
Real Project Manager Salaries Around New York, NYC
| Company | Job | Location | Salary |
|---|---|---|---|
| WSP | Transportation Management Center Project Director | Hawthorne, NY | $190,000 |
| KPMG | National Audit Pursuit Project Manager | Short Hills, NJ | $81,200 |
| CBRE | SR Project Manager-Green Building Certification Consultant-Remote | Newark, NJ | $80,000 |
| KLM Careers | Project Manager | Hoboken, NJ | $108,524 |
| KPMG | Associate Director, Cloud Architect | Short Hills, NJ | $114,400 |
| Us Foods | Senior Project Portfolio Manager (Virtual Position) | Perth Amboy, NJ | $97,000 |
| WSP USA | Proposal Manager, Federal Programs | Newark, NJ | $76,400 |
| Dish Network Corporation | Project Manager, Communication | Roseland, NJ | $65,800 |
| Randstad Us | Project Manager-Contact Center | Ridgefield, NJ | $166,960 |
| Children’s Village | WAY Home Program Manager | Dobbs Ferry, NY | $63,451 |
| Microsoft Corporation | Employee Moves Program Manager | Iselin, NJ | $125,000 |
| Randstad Us | DLP Program Manager | Jersey City, NJ | $156,525 |
| Microsoft Corporation | SR. Project Manager | Iselin, NJ | $116,900 |
| TIAA | Program Manager | Iselin, NJ | $139,600 |
| Nuveen Investments | Program Manager | Iselin, NJ | $139,600 |
| Pearson | Senior Technical Project Manager | Hoboken, NJ | $80,000 |
| Dish Network Corporation | Program Manager | Roseland, NJ | $57,400 |
| CBRE | SR Program Manager-Sourcing | Newark, NJ | $100,000 |
| CBRE | SR Program Manager-Sourcing | Newark, NJ | $100,000 |
| Randstad Us | Project Admin | Clark, NJ | $41,740 |
| Paychex | Project Manager III-Surepayroll | Fair Lawn, NJ | $75,000 |
| SS&C Technologies | Project Manager | Union, NJ | $70,000 |
| SS&C Technologies | Project Manager | Union, NJ | $70,000 |
| Iqvia Holdings Inc. | Director, Project Management, Cardiovascular/Renal/Metabolic-Iqvia Biotech | Rochelle Park, NJ | $100,000 |
| Unitedhealth Group Inc. | Associate Director Business Process-Telecommute | Ridgefield, NJ | $94,500 |
| System One | Electrical Assistant Project Manager | Middletown, NY | $62,610 |
| Randstad Us | Assistant Project Manager | Middletown, NY | $62,610 |
| Unitedhealth Group Inc. | Associate Director Business Process-Telecommute | Ridgefield, NJ | $94,500 |
| System One | Electrical Assistant Project Manager | Middletown, NY | $62,610 |
| Randstad Us | Project Manager | Carlstadt, NJ | $74,089 |
| Randstad Us | Project Manager | Carlstadt, NJ | $74,089 |
| Suny Orange | Associate Director of Financial Aid-Suny Orange | Middletown, NY | $56,655 |
| TIAA | Senior Program Manager | Iselin, NJ | $167,000 |
| Microsoft Corporation | Project Manager | Iselin, NJ | $80,100 |
Highest Paying Cities Around New York for Project Managers
| Rank | Location | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Union City, NJ | $99,202 | $48 |
| 2 | North Bergen, NJ | $99,201 | $48 |
| 3 | Hoboken, NJ | $99,197 | $48 |
| 4 | Jersey City, NJ | $99,177 | $48 |
| 5 | Middletown, NJ | $99,159 | $48 |
| 6 | Bayonne, NJ | $99,145 | $48 |
| 7 | Passaic, NJ | $99,137 | $48 |
| 8 | Clifton, NJ | $99,116 | $48 |
| 9 | Paterson, NJ | $99,110 | $48 |
| 10 | Newark, NJ | $99,110 | $48 |
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Salary for a Project Manager in NYC Based on Level
How Much Do Project Managers in NYC Make Based on Entry Level?
What is the average compensation for an entry-level project manager in NYC?
An entry-level project manager in NYC earns an average of $68,000 per year or about $33 per hour. In NYC, the highest earners earn an average of $115,000 yearly.
How Much Do Project Managers in NYC Make at the Senior Level?
Senior project managers in NYC earn an average of $115,000 per year, with top earners earning up to $133,000 per year.
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Salary for a Project Manager in NYC Based on Field
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Salaries of Project Managers in the Top Industries in NYC
What are the Job Prospects of a Project Manager in NYC?
Project management is a popular career path, with increasing numbers of companies hiring project managers. What are the various types of project management positions? How did you get into this field?
Project managers make sure that projects run smoothly, that deliverables are met, and that deadlines are met.
Project managers must be able to manage multiple projects at once and collaborate effectively with others. They must also have strong communication skills.
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Conclusion
It’s not a secret that landing a job as a project manager in NYC is no walk in the park.
It is not an easy task because it is not a skilled profession. There are, however, steps you can take to break into project management or a PMO role, such as:
- Examine your CV
- Customize your CV (but not too much)
- Use the terms found in the job description.
- Create and utilize your network
- Spend money on training.
- Inform your manager that you want to move into project management.
Best wishes as you quickly start this process, and don’t forget:
“The only thing worse than seeing something done wrong is seeing it done slowly.”
Anonymous
Frequently Asked Questions on Project Manager Salary NYC
What is the Starting Salary for a Project Manager?
PM salaries vary greatly depending on the size and scope of the projects you manage. Some project managers are not responsible for budgets, do not hire, and do not have PMOs or at least project assistants to handle all the tracking.
Is a Project Manager the Highest Paid in any Project?
Many higher-level people may not be directly involved in day-to-day project activities but are paid significantly more.
Are Project Managers in Demand?
The official PMI publication covers the entire globe and provides comprehensive information.
It compares how much more a PM with PMI credentials earns, which could be one factor in your salary increase in project management. It also demonstrates the global demand for project managers.
Why is it so Difficult to Land a Project Manager Job in NYC?
Because it’s new york. Also, the nature of the job is not helping matters. This job is in high demand with few qualifications and a high salary, so it’s mostly about who you know.
Is Project Manager a Good Career Path?
Yes, project management is a promising career with high salaries and plenty of variety at work, but it’s also a demanding job that can be highly stressful sometimes.
FAQs
What is the starting salary for a project manager?
PM salaries vary greatly depending on the size and scope of the projects you manage. Some project managers are not responsible for budgets, do not hire, and do not have PMOs or at least project assistants to handle all the tracking.
Is a project manager the highest paid in any project?
Many higher-level people may not be directly involved in day-to-day project activities but are paid significantly more.
Are project managers in demand?
The official PMI publication covers the entire globe and provides comprehensive information.
It compares how much more a PM with PMI credentials earns, which could be one factor in your salary increase in project management. It also demonstrates the global demand for project managers.
Why is it so difficult to land a Project Manager Job in NYC?
Because it’s new york. Also, the nature of the job is not helping matters. This job is in high demand with few qualifications and a high salary, so it’s mostly about who you know.
Is project manager a good career path?
Yes, project management is a promising career with high salaries and plenty of variety at work, but it’s also a demanding job that can be highly stressful sometimes.
References
- zippia.com– AVERAGE PROJECT MANAGER SALARY
- salaryexplorer.com-Project Manager Average Salary in the United States 2022
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