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The report includes eight major position descriptions/levels in reporting the data. PMI worked with a third-party researchfirm, as well as with a volunteer group of PMI members, to make these descriptions as meaningful and “real world” as possible.The use of these position descriptions to cross-tabulate the data throughout this report makes such information useful toeveryone—from entry-level project managers to senior executives in project management.In addition, the analysis of 15 demographic variables relating to compensation makes this report a must-have for projectmanagement employees and employers alike, not to mention compensation committees, human resource departments, andexecutive recruiters interested in the project management profession.Within each country, annualized salary information is shown across each of the following variables:§§§§§§§§§§§§§§§Position DescriptionYears of Work ExperienceYears Worked in Key TechniquesYears Worked in Project ManagementHighest Formal Education Level ObtainedDegree in Project ManagementPMP Status GenderDepartment/FunctionIndustryType of ProjectNumber of Employees in Entire OrganizationAverage Project Team SizeTypical Project BudgetTraining per YearThe report also includes reported salary increases over the past 12 months and expected salary increases over the next 12months, as well as information on the presence of career paths for project managers across the globe and employee benefitssuch as stock options, pension plans, and vacation days.Lastly, as one of their member benefits, PMI members can access a customized salary query at no charge. This query includesthe following salary Company Size (annual revenues)*Province (Canadian salary queries only)PMP StatusOption to Exclude “Self-Employed” Respondents (becauseself-employed data can skew results)State and Metropolitan Area (U.S. salary queries only)*Available for Australia, Brazil, Canada, China, Colombia, Germany, France, India, Italy, Ireland, Japan, Malaysia, Mexico, New Zealand,Poland, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom, and United States salaryqueries only.4Earning Power: Project Management Salary Survey—Eleventh EditionIntroduction About This Report

Report FormatImmediately following this section of the report is the Summary of Findings section, which includes a synopsis of the keyfindings from this year’s survey.After the Summary of Findings, you will find the Detailed Findings from the survey. This part of the report is organized bycountry. All compensation information in the Detailed Findings section is shown in the local currency of each country.Finally, the following appendices are located near the end of the document:Appendix A—Demographic Comparisons by CountryAppendix B—Survey InstrumentAppendix C—Sampling MethodologyAppendix D—Exchange RatesData ConsiderationsThe validity of data in the report, as in all survey research, is impacted by sample sizes. In some cases, the level of analysis inthis report results in a small sample size. Small sample sizes provide less reliable summary statistics, such as means andmedians, whereas larger sample sizes result in more reliable data. Therefore, salary data are presented in the reportonly if at least 10 individuals provided information for a given response choice. That means that no information(denoted by “--” in the tables) is shown in this report unless there are at least 10 respondents for a given education level,industry affiliation, company size, etc. Although the number 10 is an arbitrary number, PMI has used this threshold in previoussalary survey reports. Furthermore, requiring such a minimum does ensure respondent anonymity and provides a greater levelof reliability in the data. Sample sizes are reported in all tables by using the symbol “n”. Percentages less than 0.5% are notedby the symbol “*”.Reporting of Compensation DataAlthough this survey did include questions about alternative compensation methods (such as bonuses), those earnings are notincluded in the “salary” figures. Instead, earnings from other methods are included in the “total compensation” figures.Furthermore, only those respondents who reported that they are employed “full-time” are included in the salary data.Salary data are presented for the 25th percentile, 50th percentile (median), 75th percentile, and mean. A description of eachfollows:25th percentileThe value above which 75% of respondents earned more. For example, if the 25th percentile forannualized salary was US 60,000, then 75% of survey respondents earned more than US 60,000.50th percentileAlso known as the median. The value at which half of all respondents earned more and half earned less.For example, if the 50th percentile for annualized salary was US 80,000, then 50% of surveyrespondents earned more than US 80,000 and 50% earned less than US 80,000.75th percentileThe value above which 25% of respondents earned more. For example, if the 75th percentile forannualized salary was US 100,000, then 25% of survey respondents earned more than US 100,000.MeanAlso known as the arithmetic average. The mean is more susceptible to outliers (unusually large or smallnumbers) in the data than the median.5Earning Power: Project Management Salary Survey—Eleventh EditionIntroduction About This Report

SUMMARY OF FINDINGSGeneral OverviewNearly three-quarters of survey participants (72%) report that their totalcompensation (including salary, bonuses, and other forms of compensation)increased over the 12 months prior to completing the salary survey. About onequarter (28%) reported increases of at least 5% over that time period.Those holding PMI’s globally recognized Project Management Professional (PMP) certification report significant earnings increases in most countries included inthis study. Among survey respondents, those holding the PMP certification reporthigher median salaries (22% higher on average across the 42 countries surveyed)than those without a PMP certification.Median salary varied significantly depending on a number of key demographicfactors, particularly the following:§ Country of employment§ Number of years of experience in project management§ Position/role§ Average size of projects managed, including average project budget andaverage project team size6Earning Power: Project Management Salary Survey—Eleventh EditionSummary of Findings General Overview

Country of EmploymentMedian salary (when converted to U.S. dollars using normal exchange rates) varies considerably among project professionalsfrom country to country as shown in the table below.The countries where project professionals report the highest median salaries are Switzerland (US 132,086), the UnitedStates (US 116,000), and Australia (US 101,381), whereas the countries reporting the lowest median salaries are Pakistan(US 14,914) and Egypt (US 13,933).Annualized Salary (in U.S. Dollars) by CountryCOUNTRYN MEDIAN SALARY EXCHANGE RATESwitzerland539 132,086United States8,967 116,000Australia818 101,381Germany988 96,987Netherlands347 93,839Belgium243 92,352Ireland520 85,829United Kingdom739 83,410Qatar283 81,668United Arab Emirates602 81,665New Zealand461 81,196Hong Kong322 76,607Canada2,869 73,355Sweden463 72,759Singapore783 71,279France792 68,663Japan602 66,188Saudi Arabia542 63,944South Korea290 62,835South Africa771 62,455Italy1,131 57,219Chile194 54,682Spain1,308 52,642Poland470 47,841Portugal340 45,775Brazil820 38,643Costa Rica98 37,409Malaysia440 36,247Mexico680 35,863Ecuador153 35,000Russian Federation240 34,541Peru320 33,774Philippines306 32,135Colombia453 30,800Taiwan298 30,585China826 29,075Indonesia102 28,980India885 28,750Turkey344 28,698Nigeria297 20,246Pakistan171 14,914Egypt231 13,9337Earning Power: Project Management Salary Survey—Eleventh EditionSummary of Findings Country of Employment

Number of Years of Experiencein Project ManagementExpectedly, median salaries among project professionals tend to increase alongside their tenure in project management.Annualized Salary (in U.S. Dollars) by Years of Experience in Project ManagementCOUNTRY 3 YEARS3– 5 YEARS5– 10 YEARS10– 15 YEARS15– 20 YEARS20 YEARSAustralia 68,763 71,231 91,684 101,205 117,778 126,946Belgium 53,786 62,159 81,579 93,613 101,850 117,165Brazil 25,762 27,454 33,653 41,219 47,428 51,524Canada 55,016 58,684 67,487 77,023 84,358 90,000Chile- 53,243 46,624 58,999 69,072 74,828China 23,260 26,168 29,075 32,564 34,890 50,882Colombia 14,784 18,480 24,563 36,960 51,744 55,440Costa Rica 28,327 32,560 37,037 48,840--Ecuador- 20,676 32,700 36,500 42,300-Egypt- 10,311 13,376 19,440 21,736 29,817France 46,920 56,647 64,658 72,096 75,300 88,118Germany 69,464 74,385 89,834 98,417 109,289 114,438Hong Kong 51,855 57,456 69,968 96,490 99,590 98,568India 21,563 22,389 25,875 32,894 35,938 51,750Indonesia-- 28,152 33,120--Ireland 56,647 71,753 80,107 91,551 96,128 113,294Italy 45,775 48,064 51,497 57,219 62,941 69,807Japan 54,534 54,534 61,805 68,168 72,712 72,712Malaysia 29,118 28,507 28,997 41,080 50,431 47,967Mexico 25,028 26,452 31,437 38,152 45,782 52,192Netherlands 63,227 77,646 86,401 101,166 108,716 102,995New Zealand 54,354 63,749 75,156 87,235 87,235 99,985Nigeria 16,432 14,774 19,152 31,301 33,182-Pakistan- 9,246 14,020 17,883 28,612-Peru 26,253 23,716 29,497 41,296 45,485 40,468Philippines 17,874 20,262 24,720 38,439 55,144 45,636Poland 21,953 31,931 44,837 50,292 53,219 55,880Portugal 30,212 33,817 42,342 45,775 57,219 57,219Qatar 61,904 76,767 65,334 88,201 100,043 122,501RussianFederation- 29,120 34,512 41,702 36,238-Saudi Arabia 38,366 53,286 57,549 76,999 95,916 88,242Singapore 50,233 54,559 65,999 77,366 91,666 100,466South Africa 36,603 43,024 55,515 62,802 80,199 76,333South Korea 46,465 58,305 58,305 65,930 74,593 82,973Spain 40,053 43,487 49,781 57,219 61,797 67,519Sweden 56,148 60,446 63,804 72,474 78,356 82,833Switzerland 103,027 112,019 124,974 142,247 142,247 148,851Taiwan 28,592 23,527 29,702 31,042 35,944 49,014Turkey 24,746 22,668 27,957 34,002 39,669 34,002United ArabEmirates 48,999 65,332 70,776 94,972 114,330 133,658United Kingdom 57,305 64,945 77,145 82,773 92,961 101,875United States 83,000 90,000 103,407 120,000 126,690 135,0008Earning Power: Project Management Salary Survey—Eleventh EditionSummary of Findings Number of Years of Experience in Project Management

PMP Certification Status The majority of survey respondents (82%) have the PMP certification. PMP certification holders report higher mediansalaries in most countries included in this study; however, this varies widely from country to country. Those holding the PMP certification demonstrate the largest salary increases in the Philippines and Indonesia, where PMP holders report a mediansalary over 80% higher than those who do not hold the certification. PMP tenure also plays a role. Among surveyrespondents in most countries, median salary steadily increases with the length of time one holds a PMP certification.Annualized Salary (in U.S. Dollars) by PMP Certification StatusCOUNTRYPMP 55– 1010 NON-PMP % INCREASE PMP VS. NON-PMP Philippines 37,079 27,191 42,047 58,870 20,13184%Indonesia 33,120 28,980 32,706 45,885 18,21682%Colombia 33,264 25,718 37,699 51,246 23,40842%South Africa 65,924 59,058 66,618 86,743 46,51342%Malaysia 39,381 33,529 43,496 44,463 28,99736%Belgium 96,128 89,671 114,438 102,995 71,41035%Ecuador 36,000 32,000 39,300 43,950 27,00033%Poland 47,897 44,704 53,219 55,348 36,05633%Mexico 36,626 31,793 40,288 48,669 27,67332%Brazil 39,917 34,521 42,507 46,371 30,91429%Costa Rica 42,000 38,095 46,792- 33,21126%United States 120,000 106,000 126,000 134,342 95,00026%Egypt 13,933 11,704 16,163 19,507 11,14725%Canada 77,023 68,954 78,490 91,694 62,35224%China 29,075 26,168 34,890 45,067 23,99421%Qatar 81,668 65,334 100,995 130,668 68,60119%Taiwan 30,879 27,905 32,349 43,132 26,14118%Germany 97,273 91,551 102,995 108,716 82,39618%RussianFederation 36,131 34,800 41,414 41,932 30,62918%France 71,645 67,519 76,960 85,829 60,77818%Singapore 73,333 63,447 79,199 95,767 62,33318%Portugal 46,348 40,797 51,497 53,786 39,48117%Hong Kong 76,607 64,350 89,375 98,824 65,75517%New Zealand 85,893 77,840 90,590 94,616 73,81416%Italy 57,219 55,638 59,508 62,941 49,20916%Pakistan 14,968 12,747 17,167 31,545 12,87516%Saudi Arabia 63,944 57,549 79,930 111,901 55,87114%Spain 54,930 51,497 57,219 68,663 48,00014%United ArabEmirates 84,000 71,865 95,820 128,622 73,49814%Chile 57,560 51,804 64,395 77,706 50,94113%India 28,750 24,438 34,500 37,375 25,44413%United Kingdom 86,594 81,202 82,773 109,515 77,05312%Sweden 73,878 69,793 76,565 80,035 66,15512%South Korea 64,584 56,857 63,687 80,730 58,30511%Ireland 89,262 80,107 91,551 104,139 80,67911%Nigeria 21,451 17,019 24,898 41,040 19,42610%Switzerland 133,102 127,006 142,247 151,391 121,9269%Netherlands 96,296 89,434 102,995 94,007 89,2628%Peru 33,922 29,025 39,290 41,001 32,4475%Australia 102,262 92,591 98,736 119,541 98,7364%Japan 66,188 63,623 67,531 72,712 65,8950%Turkey 28,472 27,391 34,191 34,002 29,876-5%9Earning Power: Project Management Salary Survey—Eleventh EditionSummary of Findings PMP Certification Status

PositionIn virtually all countries included in this study, salary increases along with added responsibility. Once again, the rate of increasevaries extensively from country to country. The most dramatic increase is seen in the Philippines, where the median salary increasesfrom US 17,247 for a project manager I to US 24,524 for a project manager II, and US 36,167 for a project manager III.Annualized Salary (in U.S. Dollars) by PositionCOUNTRYDIRECTOR ER IIIPROJECTMANAGER IIPROJECTMANAGER LTANTAustralia 126,946 121,202 112,841 105,789 90,273 77,214 89,611 95,210Belgium 115,487 96,128 113,138 91,551 77,321 64,736- 74,385Brazil 61,829 43,795 46,371 41,219 33,233 28,853 30,914 34,006Canada 92,427 88,026 80,691 74,089 68,954 58,684 63,819 79,590Chile 64,280 77,706 65,735 54,682 43,314 51,254 48,207 51,804China 34,890 43,613 29,075 34,890 24,423 23,260 23,260 29,075Colombia 37,114 63,140 36,282 35,420 29,568 22,176 27,720 22,176Costa Rica--- 39,072 38,584 31,258--Ecuador 36,000- 36,000 39,300 36,000 24,500 25,000 32,174Egypt 19,507 18,949 20,621 14,045 13,655 9,140 10,311 13,933France 82,968 80,107 77,818 74,385 62,941 59,508 62,369 72,599Germany 108,716 106,084 108,716 98,417 91,551 82,396 86,914 89,720Hong Kong 127,679 109,896 95,759 89,375 76,607 57,073 63,201 68,947India 46,000 37,375 33,063 28,750 25,875 20,772 17,250 21,563Indonesia-- 39,252 27,117 26,220 23,598 32,016 40,710Ireland 116,727 93,839 91,551 89,262 80,107 68,663 68,663 90,979Italy 68,663 75,195 65,230 58,662 51,593 49,209 49,209 51,497Japan 77,257 72,712 81,801 72,712 63,623 59,987 55,443 77,711Malaysia 57,995 48,329 43,496 42,046 34,797 24,769 30,206 28,997Mexico 48,834 48,580 42,730 36,137 30,521 26,045 25,851 33,192Netherlands 114,438 96,987 102,995 92,191 85,829 68,663 88,232 89,605New Zealand 98,978 100,656 98,665 83,880 71,466 60,192 70,459 91,597Nigeria 17,976 32,832 36,400 23,585 19,699 16,416 15,322 15,048Pakistan 20,815 17,167 21,030 15,737 14,306 10,372 12,518-Peru 45,485 41,296 41,886 38,789 28,907 26,842 33,037 26,220Philippines 46,178 56,132 36,597 36,167 24,524 17,247 13,311-Poland 66,524 58,541 55,082 46,833 39,914 35,125 30,335 47,897Portugal 46,748 59,279 51,497 45,775 40,053 38,680 40,626 40,053Qatar-- 94,734 98,001 84,934 65,334 67,893 94,734RussianFederation 43,140 39,520 33,074 35,950 34,066 29,335--Saudi Arabia 95,916 102,310 76,732 67,940 56,590 51,714 47,958 74,601Singapore 108,899 114,399 87,999 76,727 67,268 52,799 45,613 67,466South Africa 83,273 76,333 69,394 62,455 50,796 40,897 58,985 64,786South Korea 91,135- 62,790 69,983 68,244 60,548 68,274 56,960Spain 68,663 62,941 59,508 57,219 50,353 45,775 48,064 45,775Sweden 88,990 81,042 80,819 75,166 67,162 65,147 60,110 67,162Switzerland 150,375 152,407 142,247 137,166 121,926 113,797 119,894 130,054Taiwan 38,231 41,172 32,676 33,330 27,905 28,428 26,141 35,453Turkey 45,336 35,513 32,113 28,335 28,335 22,668 25,596 28,335United ArabEmirates 130,663 130,663 99,543 97,997 72,001 60,910 65,332 81,665UnitedKingdom 109,133 109,515 95,508 80,000 73,222 61,125 71,312 89,140United States 144,000 138,000 125,000 115,000 100,000 87,360 92,221 120,00010Earning Power: Project Management Salary Survey—Eleventh EditionSummary of Findings Position

Project SizeThose managing larger projects in terms of the average number of team members and average project budget also reportedhigher median salaries in most countries included in this study. Once again, differences in salary between those managinglarger projects vs. those managing smaller projects vary significantly from country to country.Annualized Salary (in U.S. Dollars) by Average Number of Team MembersCOUNTRY 55– 1010– 1515– 2020 Australia 88,157 103,320 105,789 105,789 124,254Belgium 83,082 93,839 94,782 102,422 93,613Brazil 30,914 38,643 40,189 41,219 49,463Canada 69,687 73,355 76,808 83,625 88,026Chile 48,926 55,258 64,755- 69,763China 29,075 26,168 27,331 30,538 34,890Colombia 22,176 27,720 29,568 44,352 36,960Costa Rica 36,386 39,072 39,072--Ecuador 30,000 30,000 41,500 35,000 37,000Egypt 10,589 12,373 16,720 11,815 17,585France 66,946 68,663 68,663 68,663 77,818Germany 85,829 91,551 98,417 100,706 113,981Hong Kong 70,543 74,054 89,690- 98,313India 22,353 27,313 28,750 30,869 30,188Indonesia- 28,980 26,082- 38,256Ireland 77,246 86,973 91,551 93,839 97,273Italy 52,642 57,219 59,508 61,797 64,086Japan 58,953 65,441 72,712 70,894 72,712Malaysia 26,581 33,734 36,247 38,301 48,329Mexico 35,244 33,574 41,013 40,899 39,678Netherlands 70,952 86,973 94,412 101,166 104,139New Zealand 80,525 81,867 91,261 91,932 94,885Nigeria 15,048 19,699 25,445 24,624 26,266Pakistan 17,167 15,021 17,954 14,020 15,021Peru 29,497 32,768 36,872 30,146 41,296Philippines 22,818 27,382 30,424 36,342 41,681Poland 39,914 41,378 47,897 47,786 54,416Portugal 43,141 44,860 48,064 54,358 52,642Qatar 71,867 83,301 81,668 89,834 95,007Russian Federation 31,653 34,512 35,950 30,198 38,342Saudi Arabia 66,699 63,944 75,666 60,746 63,944Singapore 64,386 71,518 75,734 75,532 90,932South Africa 53,537 60,095 63,530 70,782 69,186South Korea 62,790 62,790 67,275- 78,093Spain 48,064 51,497 57,219

Earning Power: Project Management Salary Survey—Eleventh Edition 1 Introduction INTRODUCTION PMI's biennial report, Earning Power: Project Management Salary Survey—Eleventh Edition, is an industry-leading source of data for both project practitioners and organizations who want to stay current with the salary landscape for today's