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Are project managers well compensated? I’m being offered 83k for 1.5YOE. Currently doing financial audits making 74k. What would be my salary outlook in 4-5 years?

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I have 3.5 YOE out of undergrad. Pm track the whole time. It all depends on your industry and project experience. I started in my first pm role at 54k, and am making 147k base before any merits. I worked with PM's that are making 300k on 40 hours a week due to their niche skill set. The only ceiling imo is what you are willing to learn to manage

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Also my position now is full remote so LCOL all the way :)

There is a ceiling, but it’s a good way to get into the door and move up to product and then leadership. Technical project management has a longer runway but still not as lucrative as product.

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What do you consider lucrative? I’ve had Senior PMs on my team making 170k base and 30-45k bonus’s. higher than senior pm we have “Delivery Executive” roles usually 15+ YOE making anywhere from 200-350k base and bonus.

Well PMs at SAP with 4-5 YOE are making between 85-95k base 6-8yoe around 120-140k base

No SAP doesn’t really adjust by cost of living/city. Mainly because they basically let you live wherever you want as long as you can get to the customer location if travel is applicable. I used to be in PMO and at 3 YOE was at 83k with 9.5k bonus in a MCOL type area.

Do you want to keep doing audits forever? I would argue the salary outlook for project manager is better than auditors

Depends on your responsibilities, industry, location, etc. hard to really say.

You could come into consulting as a cyber audit person and probably get 105 rn

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