Programme Management and Project Management Salary and Day Rate Data
Two of the most common questions that we hear at Arras People relate to salaries and day rates for programme and project management practitioners;
Practitioners always want to know:”How much am I worth?”
Whilst Clients want to know: “How much do I need to pay to be competitive?”
Because programme and project management is such a broad church, salary levels and day rates for contractors vary greatly. As such key variables such as experience, sector and function need to be considered when formulating average and actual salaries and day rates for project management practitioners across all role types.
Common variables include;
- Variety of roles – Whilst it is of some interest to see the overall spread of remuneration across the programme and project management (PPM) family, the variety of these roles creates an extra level of complexity. If we are to see meaningful salaries and day rates applicable to each role, then some additional analysis is always important.
- Differences in role definition – The role “project manager” for example, is so openly interpreted and used in so many different ways by organisations both within and across sector. How many other roles in the market place are so open to interpretation and a salary spread that covers £18K right through to £150K+?
- Differences across sectors – As well as differences in the definition of roles we also see significant differences across sectors, not only in terms of Public and Private but also within say consulting organisations and manufacturing.
On top of the many variables we also have the geographic / economic impact on salaries and day rates which may drive remuneration up or down depending upon the location and conditions. Skill shortages or high demand may make some practitioners very valuable in the marketplace, whilst at certain times niche knowledge such as Nuclear, Agile, Solvency II or SAP may provide practitioners with a premium and employers with additional cost!
At Arras People we have two primary sources through which we collect data for analysis:
- Project Management Benchmark Report – The annual report provides a wide picture of the UK’s programme and project management sector drawing on a wide cross sector analysis of current and future year data collected through our annual survey. The PMBR provides a comprehensive view balanced across practitioners in work as well as those currently seeking new opportunities. Further information and copies of the Arras People Project Management Benchmark Report can be found here.
- Arras People Registration Data – Data collected when practitioners register with Arras People provides a continual picture of what is happening in the UK marketplace, tracking availability, salary and day rate information (current and expected) which we can analyse across sector and also region. This data is then validated back against the PMBR to see trends in the UK market.
If you are unsure or can’t find the relevant benchmarking data for your project management roles, please contact us and we will do our best to help.
Specialist Project Management Recruitment from Arras People
PM Roles we recruit
One of the lessons the team at Arras People have learned over the years is that Programme and Project Management has a vast array of titles, many of which have different meanings depending upon the organisation, the sector or even the individual looking to hire.
People easily confuse the terms 'Project Management' and 'Project Manager' let alone the vast number of roles that live within the broad church of Project management.
PM Sectors we recruit for
Arras People provides programme and project management recruitment services across a wide variety of vertical markets stretching from Charities and Not for Profit to Central Government and the Banking and Financial services sector, all of which present their unique differences and challenges.
Locations we recruit in
Arras People have a wide experience of recruiting Programme and Project Management practitioners across a wide geography both here in the UK and in other parts of the world. Where we are should not be a limiting factor in the decision process, more importantly we can get the right practitioners to deliver your programmes and projects in the location that they need to be.