Program managers are now faced with new challenges as they coordinate and oversee the various projects and initiatives of their clients or company following the pandemic. Program managers are now more important than ever as they can help improve project performance, anticipate stakeholder requirements, improve schedule quality, and expand the company’s PMO capabilities.
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Role and responsibilities of the program manager
Salary for program management based on location
Salary for program manager based on years of experience
Salary for program manager based on role or position
Are you ready to become a program manager?
Role and responsibilities of the program manager
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A program is a collection of related programs and projects that support a strategic business initiative. A program manager (PgM), is similar to a superproject manager. Program managers offer high-level guidance to project managers that may not be able see the larger picture when they are focused on one project. PgMs coordinate multiple projects, and reconcile interdependencies between them. They facilitate communication between the program’s cross-functional team. This could include the development team and product managers as well as decision makers.
Also read: Key Differences between Portfolio and Project Management
Salary for program management based on location
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Salaries around the world have changed in response to the economic effects of the pandemic. These are the top eight countries offering the highest salaries for program managers, according to the most recent salary surveys.
Germany: $97,532
Australia: $94,150
New Zealand: $94,011
USA: $93,396
Ireland: $79,236
Switzerland: $73,351
Netherlands: $73,141
Canada: $72,817
Zippia identifies the eight top US cities with the highest program manager salaries per year.
San Francisco, CA: $101,002
Washington, DC: $98,666
Arlington, VA: $95,591
Baltimore, MD = $86,369
Cary, NC: $85,667
Boston, MA: $85,549
Philadelphia, PA: $84,140
New York, NY: $83,641
Salary for program manager based on years of experience
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The salary of a program manager depends on many factors, including years of experience. The salary range is dependent on many factors and increases with tenure. Senior program managers may also be eligible for equity and other perks as part their overall compensation package. Below is the median salary based on years of experience.
$60,000 for less than 2 years
$34,000 to $54,000 over 3 to 5 Years
6-8 years = $105,000
9 years or more = $115,000
Salary for program manager based on role or position
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Program managers have a unique strategic perspective that is unmatched by other managers such as project managers or product managers. They are able to see the goals, risks, resources, budget limits, and budget limits for every initiative within the company simultaneously, which is a valuable position. Higher salaries are available for program managers in some companies. Zippia lists the eight companies that pay the most for the position:
McKinsey & Company is a global management consulting firm
First Republic Bank is an American bank and wealth management firm in San Francisco
Stripes Stores is a chain of convenience shops in Texas, Louisiana and New Mexico.
Headstrong is an IT provider and consulting service for the global financial sector
Eliassen Group is a provider of strategic consulting solutions, based in Reading MA
Google is an American multinational technology company
HTC Global Services: A provider of IT solutions, services, and BPO services
JPMorgan Chase is an American investment bank and financial services holding firm.
Technical program manager
The technical program manager oversees all technical projects at every stage of development. They manage teams of developers, project managers, and designers, which allows them to develop new products, manage design teams, track technical issues, and lead development teams. They are detail-oriented and strong leaders.
