According to the US Bureau of Labor Statistics, the average annual salary for Construction Managers is $108,210, while the average annual salary for Project Management Specialists is $98,420. This means that these two occupations have comparable salaries.
However, it's important to mention that the amount of pay an employee receives can be influenced by factors like location, experience, and the specific setting in which they work. For example, Construction Managers working in New Jersey (with a wage of $144,050 on average) may have higher salaries than those in Arkansas ($82,920). To give another example, the average salary of Project Management Specialists in New Mexico is 71% higher compared to those in Arkansas.
Construction Managers vs Project Management Specialists overview
Construction Managers and Project Management Specialists are two important jobs in the Building Construction industry. There is a general interest in understanding the differences between these job titles, including the average earnings for each of them.
Construction Manager job description
Construction Managers plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.
Construction Manager education and experience
Becoming a Construction Manager typically involves obtaining a Bachelor's Degree. But additionally, among employees with this job title, there are also some with a High School Diploma (5%) and an Associate's Degree (5%). In terms of experience, about a third of Construction Manager occupations require a 6 to 8 years of previous experience working in the field. A smaller portion of roles (20%) require a previous experience of 4 to 6 years.
Construction Manager average salary
Based on data from the US Bureau of Labor Statistics, 284,750 Construction Managers were employed by the United States in 2021, and their average annual wage was $108,210. The lowest earning 10 percent made $60,050 or less, and the highest earning 10 percent made $163,800 or more per year. Compared to the previous year, the mean salary has grown by 0.9%.
Do Construction Managers make good money?
Construction Managers typically make good salaries, since their mean salary is 86% above the average pay in the United States ($58,260). Furthermore, they make 64% more than the mean salary of the Building Construction industry ($65,910).
Construction Managers typically make good salaries, since their mean salary is 86% above the average pay in the United States ($58,260).
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 they earned an average of $98,420 per year. 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 typically paid well, since their mean salary is 69% above the average pay in the United States ($58,260). Moreover, they make 8% more than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).
Project Management Specialists are typically paid well, since their mean salary is 69% above the average pay in the United States ($58,260).
FAQ
Do Construction Managers or Project Management Specialists make more?
The salaries for these two jobs are similar. The average annual salary for Project Management Specialists is $98,420, while Construction Managers earn $108,210 per year.
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