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2018 Project and Change Management Salary Guide

Written by Jonty Plewes
Feb 19, 2018
Submitted by Jonty Plewes on Mon, 02/19/2018 - 06:13

Our 2018 Project & Change Management Salary Guide offers key recruitment insights and salary ranges for project management professionals in Sydney.

Contents: 
Project & Change Management Salaries | Project & Change Management Contract Rates
Project & Change Management Roles and  Remuneration in Australia for 2018 

Project & Change Management Salaries (Per Annum)
Role Annual Salary (ex. Super)
Project Manager (Projects $2m - $5m) $130,000 - $150,000
Senior Project Manager (Projects $5m - $10m) $150,000 - $170,000
Program Manager $180,000 - $220,000
Program Director $220,000 - $250,000
PMO Manager $130,000 - $160,000
PMO Director $180,000 - $220,000
Process Improvement Manager (Black Belt) $140,000 - $180,000
Senior Process Improvement Manager (Senior / Master Black Belt) $180,000 - $210,000
Change Analyst $110,000 - $130,000
Change Manager $130,000 - $160,000
Senior Change Manager $160,000 - $190,000
Head of Change $190,000 - $240,000
Communication Manager $140,000 - $160,000
Training Manager $130,000 - $150,000
L+D Consultant $110,000 - $130,000
Scrum Master $135,000 - $155,000
Agile Coach $160,000 - $180,000
Senior Agile Coach $180,000 - $200,000
Business Process Analyst $120,000 - $140,000
Business Analyst Manager $150,000 - $200,000
Lead Business Analyst $140,000 - $170,000
Senior Business Analyst $120,000 - $150,000
Business Analyst $100,000 - $120,000
 
Project & Change Management Contract Rates (Per Day)
Role Daily Rate (ex. Super)
Project Manager (Projects $2m - $5m) $750 - $900
Senior Project Manager (Projects $5m - $10m) $800 - $1000
Program Manager $1000 - $1200
Program Director $1200 - $1500
PMO Manager $900 - $1100
PMO Director $1000 - $1400
Process Improvement Manager (Black Belt) $800 - $1000
Senior Process Improvement Manager (Senior / Master Black Belt) $1000 - $1300
Change Analyst $550 - $700
Change Manager $750 - $900
Senior Change Manager $900 - $1100
Head of Change $1000 - $1400
Communication Manager $700 - $850
Training Manager $800 - $950
L+D Consultant $700 - $850
Scrum Master $650 - $800
Agile Coach $1000 - $1200
Senior Agile Coach $1200 - $1500
Process Analyst $600 - $800
Business Process Analyst $600 - $800
Busines Analyst Manager $1000 - $1100
Lead Business Analyst $850 - $1000
Senior Business Analyst $750 - $850
Business Analyst $600 - $750
BA - Agile $750 - $900
 
Commentary on Project & Change Management Roles and Remuneration in Sydney for 2018 

Businesses are continuing to drive cost-saving initiatives, and as such we have seen an increase in offshoring for certain service models. In turn, we've seen a high demand for business Project Managers across most sectors. Individuals that have experience delivering projects with HR, Supply Chain, Customer, and Finance and can bridge the gap between business and technology have a preferred skill set at this time.

In 2017, we saw a slight difference in the way businesses were spending their budgets across Projects compared to the previous year. Instead of rapidly recruiting junior to mid-level project managers, organisations were keen to understand how they could transform their businesses to exceed expectations and drive competition within their sectors. This translated to a growth in recruitment for more senior Business Transformation positions during the latter part of the year.

There was also a rise in competition between different industries, which saw cost-saving activities shaping the way organisations recruit. New players like Amazon, Netflix, and startups have been building their presence in the Australian market. This meant that organisations needed to find new ways to promote sales and increase customer satisfaction to remain competitive. This prompted some businesses to ramp up recruitment in Program and Project management, as new strategic initiatives were created.

Many businesses are currently looking for Agile delivery resources, Change Managers, and Business Project Managers. We have always seen a high demand for hands-on Project Managers, and we’re predicting that the demand for good Agile professionals will outweigh supply in this space, resulting in more companies needing to look offshore for this talent. 

The Financial Services space is facing continued regulatory pressure, which is putting a strain on demand. Regulatory requirements will ensure a high demand for compliance-focused Project, Program, and Change Managers.

As if often the case in the Transformation space, contract daily rates are not converting to permanent/fixed term offerings. While organisations are offering permanent opportunities, they are unable to compete with the equivalent level day rate that many Project and Change professionals can demand.  We have seen and will continue to see a push towards fixed term and permanent hires as organisations look to cut costs of expensive daily rates.

The Project space continues to be slightly male dominated, particularly in the more technical Project Manager roles. However, there has been a significant increase in the number of females taking up business-focused roles, particularly at the Program Management level. We expect this to continue to increase in the future.

We've seen an increase in both local recruitment of individuals, but also an increase in demand for out-of-state individuals. There is a continued demand for candidates from the United States and the United Kingdom as they bring new and competitive initiatives to the local market. We’re expecting more companies to look off-shore for skills like Agile Delivery and Change management in 2018, all of which will be of course visa dependent.

Salaries are likely to remain fairly stable in 2018 but have flattened slightly as the entry day rate increases and the top end drops back. We’re expecting an increase in contract rates this year as certain talent is difficult to find in the current market. Permanent and fixed-term salaries are unlikely to change as we see an increase in these roles in 2018.