The US Bureau of Labor Statistics has reported that Project Management Specialists have an average annual salary of $98,420, whereas Financial Specialists earn an average of $87,350 annually. This indicates that Project Management Specialists earn more than Financial Specialists.
However, it's important to keep in mind that the salary of an employee can be influenced by factors such as location and experience. In particular, Project Management Specialists working in New Mexico (with a wage of $123,160 on average) may have higher salaries than those in Arkansas ($72,160).
Project Management Specialists vs Financial Specialists overview
Project Management Specialists and Financial Specialists 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
Based on data from the US Bureau of Labor Statistics, 743,860 Project Management Specialists were employed by the United States in 2021, and their average annual wage was $98,420. The lowest earning 10 percent made $49,750 or less, and the highest earning 10 percent made $159,140 or more per year.
Do Project Management Specialists make good money?
Project Management Specialists generally earn good salaries, since their mean salary is 69% above the average salary in the United States ($58,260). Furthermore, they make 8% more than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).
Project Management Specialists generally earn good salaries, since their mean salary is 69% above the average salary in the United States ($58,260).
Financial Specialist average salary
As reported by the US Bureau of Labor Statistics, the United States had a workforce of 2.9M Financial Specialists in 2021 and they earned an average of $87,350 per year. The lowest earning 10 percent made $43,720 or less, and the highest earning 10 percent made $140,710 or more per year. Compared to the previous year, the average salary has grown by 2.2%.
Do Financial Specialists make good money?
The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260). In contrast, they earn 4% less than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).
The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260).
Financial Specialists job growth
In 2021, there have been 145,370 more Financial Specialist positions than the previous year nationwide, which marks a rise of 5.3%. Job growth has averaged 2.5% for the last 3 years.
FAQ
Do Project Management Specialists or Financial Specialists make more?
Project Management Specialists make 13% more than Financial Specialists. Financial Specialists average around $87,350 per year, while Project Management Specialists make $98,420 per year.
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