A person working as a Construction Project Manager in Sri Lanka typically earns around 141,000 LKR per month. Salaries range from 64,800 LKR (lowest) to 224,000 LKR (highest).
This is the average monthly salary including housing, transport, and other benefits. Construction Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Construction Project Manager salaries in Sri Lanka range from 64,800 LKR per month (minimum salary) to 224,000 LKR per month (maximum salary).
The median salary is 152,000 LKR per month, which means that half (50%) of people working as Construction Project Manager(s) are earning less than 152,000 LKR while the other half are earning more than 152,000 LKR. 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 Construction Project Manager(s) are earning less than 97,600 LKR while 75% of them are earning more than 97,600 LKR. Also from the diagram, 75% of Construction Project Manager(s) are earning less than 203,000 LKR while 25% are earning more than 203,000 LKR.
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 Construction Project Manager salaries by experience level and this is what we found.
A Construction Project Manager with less than two years of experience makes approximately 73,500 LKR per month.
While someone with an experience level between two and five years is expected to earn 98,200 LKR per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 145,000 LKR per month, 48% more than someone with two to five years of experience.
Additionally, Construction Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 177,000 LKR per month, 22% 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 193,000 LKR per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 209,000 LKR per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 Construction Project Manager salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Construction Project Manager is 85,400 LKR per month.
While someone with a Master's Degree gets a salary of 165,000 LKR per month, 93% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Sri Lanka costs anywhere from 577,000 Sri Lanka Rupee(s) to 1,730,000 Sri Lanka 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 Construction Project Manager employees in Sri Lanka earn 26% more than their female counterparts.
Construction Project Manager(s) in Sri Lanka are likely to observe a salary increase of approximately 11% every 21 months. The national average annual increment for all professions combined is 9% granted to employees every 17 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 Sri Lanka for the year 2019. 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 Construction 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.
17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% 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.
Where can you get paid more, working for a private company or for the government? Public sector Construction Project Manager employees in Sri Lanka earn 8% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+4%|
|Average Salary 2019||+4%|
Construction Project Manager salaries in Sri Lanka are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.
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 Construction Project Manager is 72% more than that of Construction / Building / Installation. Also, Construction / Building / Installation salaries are 29% less than those of All Jobs.
|Job Title||Average Salary|
|Boat Builder and Shipwright||81,700 LKR||-42%|
|Building Administrator||80,000 LKR||-43%|
|Building Contracts Manager||124,000 LKR||-12%|
|Building Inspector||90,000 LKR||-36%|
|Building Monitor||62,900 LKR||-55%|
|Building Sales Manager||134,000 LKR||-5%|
|Civil Engineer||109,000 LKR||-23%|
|Civil Technician||91,700 LKR||-35%|
|Construction and Maintenance Manager||91,000 LKR||-35%|
|Construction Assistant||85,500 LKR||-39%|
|Construction Coordinator||96,600 LKR||-31%|
|Construction Estimator||102,000 LKR||-28%|
|Construction Field Engineer||102,000 LKR||-28%|
|Construction General Manager||114,000 LKR||-19%|
|Construction Inventory Officer||66,200 LKR||-53%|
|Construction Operations Manager||109,000 LKR||-23%|
|Construction Project Coordinator||108,000 LKR||-23%|
|Construction Project Engineer||109,000 LKR||-23%|
|Construction Project Manager||141,000 LKR||+0%|
|Construction Project Planner||109,000 LKR||-23%|
|Construction Quality Control Manager||125,000 LKR||-11%|
|Construction Safety Officer||105,000 LKR||-25%|
|Construction Superintendent||103,000 LKR||-27%|
|Construction Supervisor||121,000 LKR||-14%|
|Construction Technical Assistant||81,300 LKR||-42%|
|Construction Technical Officer||78,800 LKR||-44%|
|Construction Technical Writer||72,800 LKR||-48%|
|Construction Technician||67,800 LKR||-52%|
|Crane and Tower Operator||68,200 LKR||-52%|
|Diesel Mechanic||61,200 LKR||-57%|
|Drywall Installer||65,900 LKR||-53%|
|Electrical Draftsman||64,400 LKR||-54%|
|Electrical Engineering Supervisor||106,000 LKR||-25%|
|Electrical Engineering Technician||84,800 LKR||-40%|
|Elevator Installer and Repairer||77,600 LKR||-45%|
|Excavator Operator||78,500 LKR||-44%|
|Floor Finisher||80,500 LKR||-43%|
|Floor Manager||98,100 LKR||-30%|
|Frame and Truss Detailer||65,200 LKR||-54%|
|Furniture Finisher||58,000 LKR||-59%|
|Gas Technician||61,800 LKR||-56%|
|Health and Safety Coordinator||85,000 LKR||-40%|
|Health and Safety Officer||76,700 LKR||-46%|
|Installation Manager||114,000 LKR||-19%|
|Insulation Installer||68,300 LKR||-51%|
|Land Surveyor||74,600 LKR||-47%|
|Lift Technician||63,600 LKR||-55%|
|Material Tester||75,800 LKR||-46%|
|Model Maker||77,300 LKR||-45%|
|Order Picker||62,700 LKR||-55%|
|Pipe Layer||56,000 LKR||-60%|
|Property Coordinator||106,000 LKR||-25%|
|Purchasing Manager||122,000 LKR||-13%|
|Quantity Surveyor||103,000 LKR||-27%|
|Roof Slater and Tiler||71,200 LKR||-49%|
|Sheet Metal Mechanic||80,600 LKR||-43%|
|Site Clerk||66,900 LKR||-52%|
|Site engineer||104,000 LKR||-26%|
|Site Leader||113,000 LKR||-20%|
|Stock Controller||88,900 LKR||-37%|
|Structural Steel Construction Worker||78,200 LKR||-44%|
|Technical Draughtsman||78,200 LKR||-44%|
|Tendering Manager||127,000 LKR||-10%|
|Tower Crane Operator||59,700 LKR||-58%|
|Wall and Floor Tiler||63,100 LKR||-55%|
|Warehouse Manager||125,000 LKR||-11%|
|Welding Superintendent||71,300 LKR||-49%|