Top tech companies out there are vying to get the best people under their roof. Since the tech industry is always evolving and coming up with new, groundbreaking technologies, companies are always looking for the best talent.
Currently, many such companies are looking for project managers. And as the demand rises, so does the project manager's salary for the chosen few. As you start applying, you’ll need to know where exactly to apply to get the best opportunities.
In this article, we’ll identify the companies looking for project managers and discuss the average project manager salary paid by them. We’ll also learn about the project manager’s job description and understand what does a project manager do at tech firms.
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In this article, we’ll be covering:
What Does a Project Manager Do? Broadly speaking, project managers are in charge of planning and supervising the completion of a project. They have to ensure that the project completes on time, within budget, and the quality standards are met.
As they’re responsible for overseeing the completion of projects, they play an active role in shaping a company’s trajectory. They help in cutting down on costs, maximizing the efficiency of the company, and ultimately, increasing the revenue.
Typical Project Manager Job Description A typical project manager job description looks something like this:
Responsibilities:
Define project scope and objectives Determine resources that’ll be needed to achieve the objectives and manage them Create a budget based on the scope of the project and ensure that everything is aligned accordingly Create a project schedule to keep track of the project’s progress Keep the stakeholders informed about the project and its progress Manage the contracts with vendors suppliers Make use of the best practices and techniques Keep track of the progress and make the required changes Analyze how the project is progressing and determine which areas need improvement Qualifications required:
A bachelor’s degree in Computer Science, Business, or related field Project management or related experience of 5-8 years Project Management Professional (PMP) certification preferred Knowledge of the latest technologies, software, and tools in project management Good analytical and communication skills Top 10 Companies Looking for Project Managers in 2022 The top 10 companies looking for project managers in 2022, along with the average salaries you can expect, have been given below:
1. IBM Rating: 4/5 Average project manager salary: $102,090 per year IBM is a premier corporate research organization globally with 28 years of experience. A majority of the fortune 50 companies are dependent on the company’s Cloud to carry out their day-to-day operations.
Since its inception in 1911, the company has stayed true to its core values of trust and transparency. It aims to provide support in order to create a more inclusive society.
2. Deloitte Rating: 4/5 Average project manager salary: $126,930 per year Deloitte delivers measurable and lasting results by providing only the best audit, consulting, tax, and advisory services to their clients. Their clientele includes almost 90% of the Fortune 500 companies and over 7,000 private companies.
The company’s drive to provide industry-leading services helps them convert hurdles into opportunities and keep on doing better and better.
3. AT&T Rating: 3.7/5 Average project manager salary: $100,186 per year AT&T is all about bringing people together more effectively and efficiently, covering various sectors such as tech, communication, and entertainment. In each of these three sectors, the company gives premium experiences to its customers.
The team is always pushing boundaries to do better and keeps resetting its bar higher and higher. At AT&T, the opportunities you get are diverse and can do wonders for your career. Plus, you get to work at a company that’s creating waves all over the world.
4. Bank of America Rating: 4/5 Average project manager salary: $133,369 per year Founded in 1904, Bank of America is one of the world’s leading financial institutions. It caters to individuals, small to midsize companies, and large corporations covering a wide range of banking services, investing, risk management, and so on.
Reportedly, the bank has around 56 million US customers as well as small business relationships. Bank of America is a globally recognized organization for corporate banking, trading, and investment banking among the foremost wealth management companies globally.
5. Verizon Rating: 3.9/5 Average project manager salary: $103,500 per year One of the world leaders in technology, communications, information, and entertainment products, Verizon is actively working on changing the lives of people. The company is changing the way people and businesses interact.
It propagates a culture where learning and experimenting are given a lot of importance. The diverse team is fueled by this and committed to making dreams a reality.
6. Accenture Rating: 4/5 Average project manager salary: $123,000 per year Using the leading technologies to create software such as market-shaping AI and self-optimizing systems, Accenture has proven its mettle time and again. They only get more creative and more advanced as this digital age progresses.
It has helped companies and individuals transform and grow. With a workforce of over 10,000, Accenture in 120 countries aims to drive innovation that’ll elevate the quality of life of people globally.
7. Honeywell Rating: 3.8/5 Average project manager salary: $103,771 per year Founded all the way back in 1885, Honeywell has been working across multiple industries such as aerospace and tech for over a century now. So no matter whether you’re a software engineer, salesperson, or financial expert, you can easily find your dream job here.
8. Kaiser Permanente Rating: 4/5 Average project manager salary: $125,533 per year Focused on creating a healthier and brighter today and tomorrow for its clients, Kaiser Permanente provides a leading not-for-profit health plan that is currently serving over 12.5 million members in 600 locations.
It has more than 217,000 employees, all of whom are committed to improving the lives of the company’s members, communities, and employees.
9. JPMorgan Rating: 4/5 Average project manager salary: $103,750 per year JPMorgan has been helping businesses, markets, and communities establish and grow since 1799. The company has clients in over 100 countries. It offers banking, markets, and investor services to the leading companies around the world.
It has a diverse team that works on maintaining the company’s status as a premium financial services company that gives back to the community.
10. AECOM Rating: 3.7/5 Average project manager salary: $91,798 per year One of the most trusted infrastructure consulting firms globally, AECOM offers services for the entire project cycle — from planning, designing, engineering to program management. Using their technical expertise, the team is always pushing to deliver quality services while maintaining their environmental priorities.
Note: The ratings have been taken from Glassdoor and average salaries from Comparably.com.
If you’re wondering what sorts of questions you’ll need to prepare to crack the project manager interview, check out Project Manager Interview Questions .
FAQs on Companies Looking for Project Managers in 2022
Q1. Is project manager a good career option?
Yes, project management is a rewarding career with high pay and plenty of variety, but it is also demanding. According to PMI, employers will require nearly 88 million project-related workers by 2027. Project managers are in high demand around the world.
Q2. Which industries pay project managers the highest salaries?
The industries that pay project managers the most are — engineering, aerospace, pharma, and consulting.
Q3. Can project managers make 6 figures?
They can. In fact, senior project managers are among the highest-salaried employees. Their salary ranges from $100,000 to over $150,000.
Q4. What are the top 5 companies looking for project managers?
The top 5 companies looking for project managers are — IBM, Deloitte, AT&T, Bank of America, and Verizon.
Q5. Will AI replace project managers in the future?
AI will alter the project management discipline and the role of project managers in the future. By 2030, AI will have taken over 80% of the work of today's project management discipline, such as data collection, tracking, and reporting.
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