According to the US Bureau of Labor Statistics, the average annual salary for Project Management Specialists is $98,420, while the average annual salary for Marketing Managers is $153,440. This means that Marketing Managers earn a significantly higher salary than Project Management Specialists.
Nevertheless, it's worth noting that factors such as location, experience, and the specific workplace can affect salary. For example, Project Management Specialists in New Mexico may have higher earnings (averaging $123,160 per year) compared to those in Arkansas ($72,160). As another example, the average wage of Marketing Managers in New York is 93% higher than those in Mississippi.
Project Management Specialists vs Marketing Managers overview
Project Management Specialists and Marketing Managers are essential to the Professional, Scientific, and Technical Services industry. Many people are interested in understanding the differences between these jobs, as well as the average salaries for each.
Project Management Specialist job description
Alternative names: Project Managers, Agile Coaches, Scrum Masters
Project Management Specialists analyze and coordinate the schedule, timeline, procurement, staffing, and budget of a product or service on a per project basis. Lead and guide the work of technical staff. May serve as a point of contact for the client or customer.
Project Management Specialist average salary
According to data from the US Bureau of Labor Statistics, the number of Project Management Specialists employed by the United States in 2021 was 743,860, and their average annual salary was $98,420. The bottom 10 percent had a salary of $49,750 or less, and the top 10 percent had a salary of $159,140 or more.
Do Project Management Specialists make good money?
Project Management Specialists are usually paid well, as their average salary is 69% higher than the average wage in the United States ($58,260). Moreover, they earn 8% more than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).
Project Management Specialists are usually paid well, as their average salary is 69% higher than the average wage in the United States ($58,260).
Marketing Manager job description
Marketing Managers plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
Marketing Manager education and experience
Most Marketing Managers (56%) have a Bachelor's Degree. But additionally, among employees with this job title, there are also some with a Master's Degree (24%) and a First Professional Degree (11%). When it comes to experience, about a third of Marketing Manager occupations require a 8 to 10 years of previous work-related experience. A smaller portion of roles (19%) require a previous experience of 4 to 6 years.
Marketing Manager average salary
According to data from the US Bureau of Labor Statistics, the number of Marketing Managers employed by the United States in 2021 was 278,690, and they earned an average annual income of $153,440. The bottom 10 percent had a salary of $77,680 or less, and the top 10 percent had a salary of $208,000 or more. The average salary has a decrease of 0.7% in comparison to the previous year.
Do Marketing Managers make good money?
Marketing Managers are typically paid well, since their mean salary is almost two times above the average pay in the United States ($58,260). Moreover, they make 68% more than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).
Marketing Managers are typically paid well, since their mean salary is almost two times above the average pay in the United States ($58,260).
Marketing Managers job growth
Marketing Managers have seen growth in employment over the past two years. In 2021, there have been 8,490 more job opportunities than the previous year across the nation, and that shows an increase of 3.1%. Over the past 3 years, job growth has averaged 5.1%.
FAQ
Do Project Management Specialists or Marketing Managers make more?
The average earnings of Marketing Managers are 56% higher than those of Project Management Specialists. The average annual pay for Project Management Specialists is $98,420, compared to $153,440 for Marketing Managers.
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