Do project managers get paid well?

Yes, project managers get paid well. Management positions can vary in salary, but project managers make over three times the national average.

Most experienced project managers make between $90,000 and $130,000, with some elite managers making well over $150,000. A project manager's salary depends on several factors. Education can increase the salary of a project manager. Advance degrees and PMI certification can raise your salary by as much as 20% annually.

The company you work for and the size of the group you are managing can also play a role in your compensation. Bigger companies with marquee clients requiring large teams will pay a higher salary to a project manager.