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Construction Project Manager Average Salary in Sri Lanka 2020

How much money does a Construction Project Manager make in Sri Lanka?


Average Monthly Salary
141,000 LKR
( 1,690,000 LKR yearly)

LOW
64,800
LKR
AVERAGE
141,000
LKR
HIGH
224,000
LKR

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 Salary Distribution in Sri Lanka

Median and salary distribution monthly Sri Lanka Construction Project Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Construction Project Manager salaries in Sri Lanka range from 64,800 LKR per month (minimum salary) to 224,000 LKR per month (maximum salary).

  • Median 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.

  • Percentiles

    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.


What is the difference between the median and the average salary?

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

Construction Project Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Sri Lanka Construction Project Manager
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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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

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.


Construction Project Manager average salary change by experience in Sri Lanka

0 - 2 Years
73,500 LKR
2 - 5 Years+34%
98,200 LKR
5 - 10 Years+48%
145,000 LKR
10 - 15 Years+22%
177,000 LKR
15 - 20 Years+9%
193,000 LKR
20+ Years+8%
209,000 LKR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Construction Project Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Construction Project Manager(s) who have the same experience but different education levels.

Salary comparison by education level monthly Sri Lanka Construction Project Manager
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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.


Construction Project Manager average salary difference by education level in Sri Lanka

Bachelor's Degree
85,400 LKR
Master's Degree+93%
165,000 LKR
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Construction Project Manager Salary Comparison By Gender

Salary comparison by gender monthly Sri Lanka Construction Project Manager
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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.

Female
124,000 LKR
Male+26%
157,000 LKR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Sri Lanka for all Careers

Salary comparison by gender monthly Sri Lanka
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Construction Project Manager Average Annual Salary Increment Percentage in Sri Lanka

How much are annual salary increments in Sri Lanka for Construction Project Manager(s)? How often do employees get salary raises?

Construction Project Manager

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.

Annual Salary Increment Rate Sri Lanka Construction Project Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Sri Lanka / All Professions

Annual Salary Increment Rate Sri Lanka
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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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in Sri Lanka is 6%.

Annual Increment Rate By Industry 2019

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

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.


Worldwide Salary Raises: All Countries and All Jobs

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Construction Project Manager Bonus and Incentive Rates in Sri Lanka

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sri Lanka Construction Project Manager
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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.

Received Bonus
83%
No Bonus
17%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Sri Lanka
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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.

Private Sector
111,000 LKR
Public Sector+8%
119,000 LKR
Percentage increase and decrease are relative to the previous value

Construction Project Manager Salary Trend and Forecast in Sri Lanka

How are Construction Project Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Sri Lanka Construction Project Manager
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Average Salary 2016
122,000 LKR
Average Salary 2017+4%
126,000 LKR
Average Salary 2018+4%
131,000 LKR
Average Salary 2019+4%
136,000 LKR
Percentage increase and decrease are relative to the previous value

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.

Construction Project Manager Average Hourly Wage in Sri Lanka


810 LKR per hour

The average hourly wage (pay per hour) in Sri Lanka is 810 LKR. This means that the average Construction Project Manager in Sri Lanka earns approximately 810 LKR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Construction Project Manager VS Other Jobs

Salary Comparison Between Construction Project Manager and Construction / Building / Installation monthly Sri Lanka
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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.

Salary comparison with similar jobs

Job TitleAverage Salary
Adjudicator73,100 LKR-48%
Assembler70,500 LKR-50%
Boat Builder and Shipwright81,700 LKR-42%
Bricklayer61,200 LKR-57%
Building Administrator80,000 LKR-43%
Building Contracts Manager124,000 LKR-12%
Building Inspector90,000 LKR-36%
Building Monitor62,900 LKR-55%
Building Sales Manager134,000 LKR-5%
Cabinetmaker72,200 LKR-49%
Carpenter77,000 LKR-45%
Civil Engineer109,000 LKR-23%
Civil Technician91,700 LKR-35%
Concreter79,100 LKR-44%
Construction and Maintenance Manager91,000 LKR-35%
Construction Assistant85,500 LKR-39%
Construction Coordinator96,600 LKR-31%
Construction Estimator102,000 LKR-28%
Construction Field Engineer102,000 LKR-28%
Construction General Manager114,000 LKR-19%
Construction Inventory Officer66,200 LKR-53%
Construction Operations Manager109,000 LKR-23%
Construction Project Coordinator108,000 LKR-23%
Construction Project Engineer109,000 LKR-23%
Construction Project Manager141,000 LKR+0%
Construction Project Planner109,000 LKR-23%
Construction Quality Control Manager125,000 LKR-11%
Construction Safety Officer105,000 LKR-25%
Construction Superintendent103,000 LKR-27%
Construction Supervisor121,000 LKR-14%
Construction Technical Assistant81,300 LKR-42%
Construction Technical Officer78,800 LKR-44%
Construction Technical Writer72,800 LKR-48%
Construction Technician67,800 LKR-52%
Crane and Tower Operator68,200 LKR-52%
Diesel Mechanic61,200 LKR-57%
Drywall Installer65,900 LKR-53%
Electrical Draftsman64,400 LKR-54%
Electrical Engineering Supervisor106,000 LKR-25%
Electrical Engineering Technician84,800 LKR-40%
Electrician90,900 LKR-35%
Elevator Installer and Repairer77,600 LKR-45%
Engineer103,000 LKR-27%
Excavator Operator78,500 LKR-44%
Floor Finisher80,500 LKR-43%
Floor Manager98,100 LKR-30%
Foreman59,200 LKR-58%
Frame and Truss Detailer65,200 LKR-54%
Furniture Finisher58,000 LKR-59%
Gas Technician 61,800 LKR-56%
Handyman58,200 LKR-59%
Health and Safety Coordinator85,000 LKR-40%
Health and Safety Officer76,700 LKR-46%
Installation Manager114,000 LKR-19%
Installer72,400 LKR-49%
Insulation Installer68,300 LKR-51%
Labourer50,300 LKR-64%
Land Surveyor74,600 LKR-47%
Lift Technician63,600 LKR-55%
Material Tester75,800 LKR-46%
Model Maker77,300 LKR-45%
Order Picker62,700 LKR-55%
Painter64,600 LKR-54%
Pipe Layer56,000 LKR-60%
Pipefitter57,700 LKR-59%
Plumber66,900 LKR-52%
Property Coordinator106,000 LKR-25%
Purchasing Manager122,000 LKR-13%
Quantity Surveyor103,000 LKR-27%
Roof Slater and Tiler71,200 LKR-49%
Sheet Metal Mechanic80,600 LKR-43%
Site Clerk66,900 LKR-52%
Site engineer104,000 LKR-26%
Site Leader113,000 LKR-20%
Stock Controller88,900 LKR-37%
Structural Steel Construction Worker78,200 LKR-44%
Technical Draughtsman78,200 LKR-44%
Tendering Manager127,000 LKR-10%
Tower Crane Operator59,700 LKR-58%
Wall and Floor Tiler63,100 LKR-55%
Warehouse Manager125,000 LKR-11%
Welder65,200 LKR-54%
Welding Superintendent71,300 LKR-49%

Salary Comparison By City

CityAverage Salary
Colombo154,000 LKR
0 - 0

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