A person working as a Project Manager in India typically earns around 35,600 INR per month. Salaries range from 18,900 INR (lowest) to 54,200 INR (highest).
This is the average monthly salary including housing, transport, and other benefits. Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Project Manager salaries in India range from 18,900 INR per month (minimum salary) to 54,200 INR per month (maximum salary).
The median salary is 33,500 INR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 33,500 INR while the other half are earning more than 33,500 INR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Project Manager(s) are earning less than 23,600 INR while 75% of them are earning more than 23,600 INR. Also from the diagram, 75% of Project Manager(s) are earning less than 41,200 INR while 25% are earning more than 41,200 INR.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Project Manager salaries by experience level and this is what we found.
A Project Manager with less than two years of experience makes approximately 21,700 INR per month.
While someone with an experience level between two and five years is expected to earn 26,600 INR per month, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 37,800 INR per month, 42% more than someone with two to five years of experience.
Additionally, Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 44,100 INR per month, 17% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 48,500 INR per month, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 51,300 INR per month, 6% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+23%|
|5 - 10 Years||+42%|
|10 - 15 Years||+17%|
|15 - 20 Years||+10%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Project Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Project Manager is 26,300 INR per month.
While someone with a Certificate or Diploma gets a salary of 29,800 INR per month, 13% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 39,000 INR per month, 31% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 51,300 INR per month, 32% more than someone with Bachelor's Degree.
|Certificate or Diploma||+13%|
A Master's degree program or any post-graduate program in India costs anywhere from 160,000 Indian Rupee(s) to 479,000 Indian Rupee(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Project Manager employees in India earn 15% more than their female counterparts on average.
Project Manager(s) in India are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in India for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Project Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
22% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 78% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Project Manager is 18% less than that of Executive and Management. Also, Executive and Management salaries are 35% more than those of All Jobs.
|Job Title||Average Salary|
|Account Coordinator||29,700 INR||-17%|
|Administration Manager||35,600 INR||-0%|
|Area Manager||33,300 INR||-7%|
|Asset Protection Associate||38,800 INR||+9%|
|Assistant Director||36,400 INR||+2%|
|Assistant Manager||39,200 INR||+10%|
|Assistant Operations Manager||41,600 INR||+17%|
|Assistant Project Manager||37,200 INR||+4%|
|Assistant Section Head||30,900 INR||-13%|
|Assistant to CEO||34,400 INR||-3%|
|Assistant Vice President||39,600 INR||+11%|
|Associate Director||37,600 INR||+6%|
|Bid Manager||42,400 INR||+19%|
|Branch Manager||40,800 INR||+15%|
|Business Development Manager||45,500 INR||+28%|
|Business Operations Associate||37,200 INR||+4%|
|Business Operations Lead||38,400 INR||+8%|
|Campaign Manager||41,200 INR||+16%|
|Chairman of The Board||69,300 INR||+95%|
|Chairman Office Manager||45,500 INR||+28%|
|Chief Corporate Officer||57,400 INR||+61%|
|Chief Executive Officer||71,300 INR||+100%|
|Chief Financial Officer||65,600 INR||+84%|
|Chief of Staff||33,300 INR||-7%|
|Chief Operating Officer||53,400 INR||+50%|
|Chief Risk Officer||45,900 INR||+29%|
|Client Services Manager||45,900 INR||+29%|
|Commercial Project Manager||38,800 INR||+9%|
|Commodity Broker||29,700 INR||-17%|
|Corporate Affairs Executive||42,400 INR||+19%|
|Corporate Compliance Director||46,300 INR||+30%|
|Corporate Director||48,700 INR||+37%|
|Corporate Officer||33,300 INR||-7%|
|Corporate Partnerships Officer||34,400 INR||-3%|
|Country Manager||55,400 INR||+56%|
|Deputy Director||50,300 INR||+41%|
|Director of Accreditation||47,100 INR||+32%|
|Director of Catering Services||42,400 INR||+19%|
|Director of Client Services||45,500 INR||+28%|
|Director of Facilities Management||38,800 INR||+9%|
|Director of Operations||47,100 INR||+32%|
|Director of Process Simplification||37,200 INR||+4%|
|Director of Project Management||49,500 INR||+39%|
|Director of Revenue Management||43,500 INR||+22%|
|Director of Training and Development||45,500 INR||+28%|
|Distribution Manager||48,700 INR||+37%|
|Division Manager||41,600 INR||+17%|
|Duty Manager||40,800 INR||+15%|
|Engagement Manager||49,900 INR||+40%|
|Executive Director||70,100 INR||+97%|
|Executive Manager||57,800 INR||+62%|
|Franchise Manager||60,200 INR||+69%|
|General Manager||55,400 INR||+56%|
|Global Master Data Manager||49,500 INR||+39%|
|Head of Middle Office||44,700 INR||+25%|
|Head of Projects||47,500 INR||+33%|
|Head of Sustainability||40,000 INR||+12%|
|Housing Manager||38,000 INR||+7%|
|HSE Manager||39,200 INR||+10%|
|Key Account Manager||39,600 INR||+11%|
|Knowledge Manager||45,500 INR||+28%|
|Location Manager||44,300 INR||+24%|
|Logistics Manager||36,800 INR||+3%|
|Management Consultant||37,600 INR||+6%|
|Management Executive||51,100 INR||+43%|
|Managing Director||57,000 INR||+60%|
|MIS Executive||47,500 INR||+33%|
|Ocean Services Manager||49,500 INR||+39%|
|Operations Assistant||34,400 INR||-3%|
|Operations Director||53,000 INR||+49%|
|Operations Executive||51,500 INR||+45%|
|Operations Manager||53,000 INR||+49%|
|Operations Supervisor||43,900 INR||+23%|
|Policy Administration Executive||40,400 INR||+13%|
|Private Sector Executive||42,000 INR||+18%|
|Product Development Manager||47,500 INR||+33%|
|Product Executive||41,600 INR||+17%|
|Production Executive||47,900 INR||+34%|
|Production Manager||47,900 INR||+34%|
|Production Supervisor||40,400 INR||+13%|
|Program Manager||49,500 INR||+39%|
|Programme Coordinator||34,000 INR||-5%|
|Project Control Manager||49,500 INR||+39%|
|Project Coordinator||29,300 INR||-18%|
|Project Management Officer||33,600 INR||-6%|
|Project Manager||35,600 INR||-0%|
|Project Portfolio Manager||38,000 INR||+7%|
|Quality Manager||38,400 INR||+8%|
|R/D Director||42,400 INR||+19%|
|Regional Director||65,300 INR||+83%|
|Regional Manager||49,100 INR||+38%|
|Relationship Manager||47,100 INR||+32%|
|Retail District Manager||33,600 INR||-6%|
|Revenue Manager||37,600 INR||+6%|
|Risk and Capital Manager||53,800 INR||+51%|
|Risk Officer||36,000 INR||+1%|
|Safety Manager||35,600 INR||-0%|
|Section Head||36,400 INR||+2%|
|Service Manager||38,000 INR||+7%|
|Shift Supervisor||29,300 INR||-18%|
|Solutions Manager||33,600 INR||-6%|
|Supply Chain Manager||50,300 INR||+41%|
|Technical Manager||45,500 INR||+28%|
|Territory Manager||47,100 INR||+32%|
|Validation Manager||40,400 INR||+13%|
|Vice President||57,400 INR||+61%|
|Zone Manager||49,500 INR||+39%|
|Andaman & Nicobar Islands||30,600 INR|
|Andhra Pradesh||40,400 INR|
|Arunachal Pradesh||34,900 INR|
|Dadra & Nagar Haveli||30,400 INR|
|Daman & Diu||30,400 INR|
|Himachal Pradesh||36,300 INR|
|Jammu & Kashmir||38,000 INR|
|Madhya Pradesh||41,000 INR|
|Tamil Nadu||39,700 INR|
|Uttar Pradesh||45,200 INR|
|West Bengal||40,900 INR|
Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors.