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How are project managers compensated?

Updated: 8/20/2019
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11y ago

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This depends on the company that you work for. In some cases project managers receive an annual salary and that is it. Other companies have a variable pay that consists of a base pay and a performance pay relative to certain goals. The goals can be based on company performance or on project performance. If the goals are project based than the project manager usually has to meet milestones in the project to reach full pay. Sometimes if if goals are exceeded or if milestones are reached early there is a bonus.

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