Project Manager Salary in 2024

Salary details

The average Project Manager salary lies between USD 106,250 and USD 175,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Project Manager roles

The three most common job tag items assiciated with Project Manager job listings are Compliance, Agile and CISSP. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 191 jobs Agile | 160 jobs CISSP | 134 jobs Cloud | 129 jobs Computer Science | 119 jobs Risk management | 113 jobs Strategy | 95 jobs Clearance | 92 jobs CISM | 90 jobs Monitoring | 89 jobs Governance | 83 jobs NIST | 81 jobs Scrum | 70 jobs Jira | 70 jobs Privacy | 68 jobs CISA | 60 jobs ISO 27001 | 51 jobs Audits | 48 jobs Automation | 43 jobs Analytics | 42 jobs

Top 20 Job Perks/Benefits for Project Manager roles

The three most common job benefits and perks assiciated with Project Manager job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 241 jobs Health care | 159 jobs Flex hours | 93 jobs Insurance | 91 jobs Competitive pay | 89 jobs Team events | 69 jobs Parental leave | 64 jobs Medical leave | 58 jobs Equity / stock options | 57 jobs 401(k) matching | 56 jobs Startup environment | 54 jobs Salary bonus | 48 jobs Flex vacation | 47 jobs Wellness | 42 jobs Transparency | 29 jobs Travel | 28 jobs Relocation support | 17 jobs Fertility benefits | 12 jobs Home office stipend | 10 jobs Flexible spending account | 9 jobs

Salary Composition

The salary composition for a Project Manager in InfoSec/Cyber Security typically includes a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary often constitutes the majority of the total compensation package, ranging from 70% to 85%. Bonuses can vary significantly depending on the company's performance and individual achievements, usually accounting for 10% to 20% of the total salary. Additional remuneration, such as stock options or profit-sharing, might make up the remaining 5% to 10%.

Regional differences can impact these percentages, with tech hubs like Silicon Valley or New York City offering higher base salaries and bonuses compared to other regions. Industry also plays a role; for instance, financial services and tech companies might offer more competitive packages than smaller firms or non-profit organizations. Larger companies often provide more comprehensive benefits and additional remuneration options compared to smaller companies.

Increasing Salary

To increase your salary further from this position, consider pursuing advanced certifications or further education, such as a master's degree in cybersecurity or business administration. Networking within the industry and attending relevant conferences can also open doors to higher-paying opportunities. Additionally, gaining experience in managing larger, more complex projects or teams can make you more valuable to employers. Seeking roles in high-demand regions or industries, or transitioning to a larger company with more resources, can also lead to salary increases.

Educational Requirements

Most Project Manager roles in InfoSec/Cyber Security require at least a bachelor's degree in a related field, such as computer science, information technology, or cybersecurity. Some positions may prefer or require a master's degree, especially for senior roles. A strong understanding of both technical and managerial aspects of cybersecurity is essential, so coursework or experience in both areas is beneficial.

Helpful Certifications

Certifications can significantly enhance your qualifications for a Project Manager role in InfoSec/Cyber Security. Some of the most recognized and helpful certifications include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Project Management Professional (PMP)
• Certified Information Systems Auditor (CISA)
• Certified in Risk and Information Systems Control (CRISC)

These certifications demonstrate a commitment to the field and provide a competitive edge in the job market.

Required Experience

Typically, employers look for candidates with at least 5 to 7 years of experience in cybersecurity or a related field, with a few years in a project management role. Experience managing cross-functional teams, handling budgets, and delivering projects on time and within scope is crucial. Familiarity with cybersecurity frameworks and standards, such as NIST or ISO 27001, is often required.

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