Project Managers earn an average salary of £42,683 or an average of £31.28 per hour, along with bonus and profit-sharing of up to £3,539 and £1,800 respectively.
Pay by Experience Level for Project Managers
The entry-level, years of experience and the average salary for Project Managers are as follow:
Entry-level Project Managers with less than one year experience earn £29,208 (bonus, overtime pay and tips are included).
Early-career Project Managers with 1-4 years of experience, can expect to earn £36,756.
Mid-career Project Managers with 5-9 years of experience will pocket £45,726.
Experienced Project Managers with 10-19 years of experience will make£58,818.
Late career Project Managers with more than twenty years experience can look forward to a total average of £63,238 compensation.
Essential Skills for Project Managers
Project Management, Project Coordinating, Microsoft Office and Client Interaction are some of the most popular skills for Project Managers.
How Become a Project Manager?
Along with the relevant bachelor’s degree, if you want to be a project manager in the United Kingdom, you need to be passionate about project management. You need to love projects. You need to love managing teams.
You need to love taking risks, innovating, coming up with innovative solutions to problems, and becoming a business-savvy leader.
You need to be self-motivated, have the experience and skills required to make decisions, be innovative, and demonstrate good communication skills.
There are many companies in the United Kingdom that help their employees to develop these skills by providing training for their teams.
In the United Kingdom, there is also a long list of different professional associations which support people in becoming project managers.
What Do Project Managers Do?
The job of project managers in the united kingdom means to assist the executives with the execution of the organization’s strategic and long-term vision, to provide strategic guidance to the executives and managers of projects and operations and to evaluate the implementation of the strategic direction by the executives and managers.
The U.K. project manager is subject to varying levels of managerial responsibility, depending on the size and complexity of the organization and the nature of the business tasks.