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Project Manager Average Salary in United Kingdom 2024

How much money does a person working as Project Manager make in United Kingdom?


Average Yearly Salary
79,200 GBP
( 6,600 GBP monthly)

LOW
38,800
GBP
AVERAGE
79,200
GBP
HIGH
124,000
GBP
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Project Manager in United Kingdom typically earns around 79,200 GBP. Salaries range from 38,800 GBP (lowest) to 124,000 GBP (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Project Manager salaries in United Kingdom vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Project Manager Pay Scale and Salaries in United Kingdom

Median and salary distribution United Kingdom Project Manager yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
73,500 GBP or more
10% of people earn
64,900 to 73,500 GBP
20% of people earn
46,100 GBP or less
65% of people earn
46,100 to 64,900 GBP
Minimum Salary
38,800 GBP
Median
73,900 GBP
Maximum
124,000 GBP




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Project Manager in United Kingdom range from 38,800 GBP (starting salary) to 124,000 GBP (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 73,900 GBP, half of the professionals who work as Project Manager in United Kingdom earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Project Manager in United Kingdom earn less than 60,400 GBP, while 75% earn more. Similarly, the chart shows that 75% earn less than 84,500 GBP while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Project Manager in United Kingdom compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 46,100 GBP to 64,900 GBP. About 20% of salaries are below the 46,100 GBP mark, while 10% fall within the range of 64,900 GBP to 73,500 GBP. Only 5% of individuals have salaries exceeding 73,500 GBP.

Salary Comparison by Years of Experience / Project Manager / United Kingdom

How do experience and age affect pay?

0 - 2 Years
46,000 GBP
2 - 5 Years+29%
59,200 GBP
5 - 10 Years+38%
81,600 GBP
10 - 15 Years+24%
101,000 GBP
15 - 20 Years+7%
108,000 GBP
20+ Years+7%
116,000 GBP
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly United Kingdom 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 the wage. We broke down salaries by experience level for people working as Project Manager and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 46,000 GBP.

While someone with an experience level between two and five years is expected to earn 59,200 GBP, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 81,600 GBP, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 101,000 GBP, 24% 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 108,000 GBP, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 116,000 GBP, 7% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Project Manager / United Kingdom

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Project Manager.

High School
57,500 GBP
Certificate or Diploma+15%
65,900 GBP
Bachelor's Degree+35%
88,800 GBP
Master's Degree+26%
112,000 GBP
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly United Kingdom 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 salaries by education level for the position Project Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 57,500 GBP.


Level 2: Certificate or Diploma

At this level, the average salary becomes 65,900 GBP, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 88,800 GBP, 35% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 112,000 GBP, 26% more than the previous level.



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 United Kingdom costs anywhere from 29,700 GBP to 89,100 GBP 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Project Manager / United Kingdom

Salary comparison by gender United Kingdom Project Manager yearly
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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? For the people who work as Project Manager in United Kingdom, the average difference between the salary of male and female employees is 4%.

Male
80,900 GBP
Female-4%
77,400 GBP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Kingdom for all Careers

Salary comparison by gender yearly United Kingdom
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Average Annual Salary Increment Percentage / Project Manager / United Kingdom

How much are annual salary increments in United Kingdom for individuals working as Project Manager? How often do employees get salary raises?

Individuals working as Project Manager in United Kingdom are likely to observe a salary increase of approximately 13% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate United Kingdom 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.

United Kingdom / All Professions

Annual Salary Increment Rate United Kingdom
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 United Kingdom is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Project Manager / United Kingdom

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Kingdom Project Manager
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16% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 84% 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
84%
No Bonus
16%

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.

Average Hourly Wage / Project Manager / United Kingdom


38 GBP per hour

The average hourly wage (pay per hour) for individuals working as Project Manager in United Kingdom is 38 GBP.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Project Manager in United Kingdom is 19 GBP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator70,300 GBP-11%
Account Director82,500 GBP+4%
Account Executive85,000 GBP+7%
Account Manager78,500 GBP-1%
Administration Manager80,500 GBP+2%
Administration Officer44,100 GBP-44%
Administration Supervisor64,100 GBP-19%
Administrative Clerk31,900 GBP-60%
Administrative Officer31,700 GBP-60%
Area Director72,700 GBP-8%
Area Manager73,300 GBP-7%
Asset Protection Associate90,900 GBP+15%
Assistant Director82,000 GBP+4%
Assistant General Manager83,800 GBP+6%
Assistant Manager85,000 GBP+7%
Assistant Managing Director100,000 GBP+26%
Assistant Operations Manager96,200 GBP+21%
Assistant Project Manager86,800 GBP+10%
Assistant Section Head68,900 GBP-13%
Assistant to CEO81,900 GBP+3%
Assistant Vice President90,200 GBP+14%
Associate Account Director81,200 GBP+2%
Associate Director83,300 GBP+5%
Bid Manager94,200 GBP+19%
Branch Manager90,300 GBP+14%
Business Development Manager102,000 GBP+29%
Business Operations Associate83,700 GBP+6%
Business Operations Lead88,900 GBP+12%
Campaign Manager93,000 GBP+17%
Catering Coordinator50,300 GBP-37%
Catering Manager81,900 GBP+3%
CEO164,000 GBP+110%
Chairman of The Board163,000 GBP+110%
Chairman Office Manager99,600 GBP+26%
Chief Commercial Officer112,000 GBP+41%
Chief Corporate Officer132,000 GBP+67%
Chief Digital Officer117,000 GBP+48%
Chief Digital Strategy Officer111,000 GBP+40%
Chief Digital Transformation Officer106,000 GBP+34%
Chief Ethics Officer102,000 GBP+29%
Chief Executive Officer162,000 GBP+100%
Chief Financial Officer152,000 GBP+92%
Chief Investment Officer124,000 GBP+57%
Chief of Staff74,200 GBP-6%
Chief Operating Officer125,000 GBP+58%
Chief Privacy Officer98,500 GBP+24%
Chief Resilience Officer114,000 GBP+44%
Chief Risk Officer99,600 GBP+26%
Chief Strategy Officer139,000 GBP+75%
Chief Trust and Safety Officer102,000 GBP+29%
Client Account Manager95,100 GBP+20%
Client Accounts Officer82,400 GBP+4%
Client Services Manager108,000 GBP+36%
Commercial Director112,000 GBP+41%
Commercial Manager94,900 GBP+20%
Commercial Project Manager91,600 GBP+16%
Commodity Broker66,300 GBP-16%
COO126,000 GBP+59%
Corporate Affairs Executive98,400 GBP+24%
Corporate Compliance Director101,000 GBP+27%
Corporate Director109,000 GBP+38%
Corporate Officer74,500 GBP-6%
Corporate Partnerships Officer74,400 GBP-6%
Country Manager130,000 GBP+64%
Department Head98,800 GBP+25%
Department Manager102,000 GBP+29%
Department Supervisor81,600 GBP+3%
Deputy Director116,000 GBP+46%
Deputy Manager109,000 GBP+38%
Director120,000 GBP+51%
Director of Accreditation112,000 GBP+41%
Director of Catering Services93,400 GBP+18%
Director of Client Services100,000 GBP+26%
Director of Facilities Management88,000 GBP+11%
Director of Operations112,000 GBP+41%
Director of Process Simplification82,700 GBP+4%
Director of Product Management109,000 GBP+38%
Director of Project Management115,000 GBP+45%
Director of Revenue Management95,200 GBP+20%
Director of Training and Development98,700 GBP+25%
Distribution Manager109,000 GBP+38%
Division Manager98,500 GBP+24%
Duty Manager95,800 GBP+21%
Engagement Manager113,000 GBP+43%
Executive Director161,000 GBP+100%
Executive Manager132,000 GBP+67%
Franchise Manager132,000 GBP+67%
General Manager131,000 GBP+65%
Generational Consultant87,300 GBP+10%
Global Master Data Manager107,000 GBP+35%
Global Technical Lead77,500 GBP-2%
Head of Investment113,000 GBP+43%
Head of Middle Office105,000 GBP+33%
Head of Projects110,000 GBP+39%
Head of Strategy118,000 GBP+49%
Head of Supply Chain99,200 GBP+25%
Head of Sustainability93,600 GBP+18%
Housing Manager84,500 GBP+7%
HSE Manager87,500 GBP+10%
Innovation Manager93,800 GBP+18%
Key Account Manager86,900 GBP+10%
Knowledge Manager102,000 GBP+29%
Location Manager103,000 GBP+30%
Logistics Executive86,200 GBP+9%
Logistics Manager82,200 GBP+4%
Management Consultant82,600 GBP+4%
Management Executive114,000 GBP+44%
Manager108,000 GBP+36%
Managing Director129,000 GBP+63%
MIS Executive106,000 GBP+34%
Ocean Services Manager110,000 GBP+39%
Online Business Manager156,000 GBP+97%
Operational Manager117,000 GBP+48%
Operations Analyst93,200 GBP+18%
Operations Assistant81,600 GBP+3%
Operations Director117,000 GBP+48%
Operations Executive113,000 GBP+43%
Operations Manager124,000 GBP+57%
Operations Supervisor101,000 GBP+27%
Planning Director117,000 GBP+48%
PMO Manager98,200 GBP+24%
Policy Administration Executive94,600 GBP+19%
Private Sector Executive97,100 GBP+23%
Product Development Manager105,000 GBP+33%
Product Executive98,100 GBP+24%
Production Executive103,000 GBP+30%
Production Manager114,000 GBP+44%
Production Supervisor91,200 GBP+15%
Program Director109,000 GBP+38%
Program Manager113,000 GBP+43%
Programme Coordinator80,300 GBP+1%
Project Control Manager114,000 GBP+44%
Project Coordinator63,800 GBP-19%
Project Management Officer80,000 GBP+1%
Project Manager79,200 GBP-0%
Project Portfolio Manager84,200 GBP+6%
Quality Manager87,800 GBP+11%
R/D Director93,800 GBP+18%
Regional Director154,000 GBP+94%
Regional Manager112,000 GBP+41%
Relationship Manager103,000 GBP+30%
Retail District Manager79,700 GBP+1%
Revenue Manager84,300 GBP+6%
Risk and Capital Manager126,000 GBP+59%
Risk Officer78,100 GBP-1%
Safety Manager82,800 GBP+5%
Section Head86,600 GBP+9%
Service Manager86,200 GBP+9%
Shift Supervisor67,000 GBP-15%
Solutions Manager75,700 GBP-4%
Supervisor65,900 GBP-17%
Supply Chain Manager111,000 GBP+40%
Surveyor77,600 GBP-2%
Technical Director104,000 GBP+31%
Technical Manager100,000 GBP+26%
Territory Manager102,000 GBP+29%
Validation Manager87,900 GBP+11%
Vice President133,000 GBP+68%
Zone Manager118,000 GBP+49%

Salary Comparison By City

CityAverage Salary
London89,400 GBP

Salary Comparison By State

StateAverage Salary
England155,000 GBP
Northern Ireland70,500 GBP
Scotland117,000 GBP
Wales75,300 GBP

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United Kingdom is 4% on average across all career fields.

Private Sector
69,700 GBP
Public Sector+4%
72,800 GBP
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Project Manager in United Kingdom?

A good and competitive compensation would range anywhere between 73,900 GBP and 84,500 GBP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Project Manager in United Kingdom ranges from 38,800 GBP to 60,400 GBP. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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