Software Development Project Manager Salary

Software development project managers employed in the UK typically earn between £27,553 and £70,339 a year including bonuses and profit sharing, with the median salary at £43,457 a year according to Payscale. The reported bonuses range from £478.20 to £9,587 a year on average, and earnings from profit sharing are in the range between £196.53 and £5,000 a year.   

Software development project managers' salaries generally increase with experience. Mid-career professionals earn from £31,010 to £71,767 a year, with the median salary at £44,246 a year. Experienced project managers have salaries in the range from £36,087 to £78,134 a year, with the average salary around £51,432 a year, while late-career professionals report salaries in the range from £38,095 to £85,306 a year, with the median salary at £52,070 a year according to Payscale.

The median salary for software development project managers employed in the UK is £52,250 a year according to IT Jobs Watch. 90 percent of these professionals earn more than £40,100 a year, and 10 percent are offered an annual salary of more than £57,250 a year.

Starting salary

Software development project managers who are new to the role typically have salaries in the range from £22,459 to £51,600 a year including bonuses and profit sharing, with the median salary around £35,337 a year according to Payscale. The reported bonuses amount to up to £8,054 a year, and earnings from profit sharing are typically in the range from £750 to £2,000 a year. 

Starting salaries are significantly higher in the London area, where newly appointed software development project managers typically earn between £26,854 and £68,456 a year including bonuses, with the median salary at £40,640 a year. London-based professionals report earning bonuses in the amount of up to £11,745 a year.

Daily rate

The average contract rate for software development project managers employed in the UK is £325 per day according to IT Jobs Watch. The median daily rate has decreased somewhat compared to previous years. In 2012, these professionals earned £388 per day on average and, in 2011, they earned around £360 per day.

Hourly rate

The average hourly wage for software development managers working eight hours a day, 250 days of the year, is £22.81 according to MySalary.co.uk.

General salary information

The median yearly salary for software development managers working in the UK is £45,611 according to MySalary.co.uk. The median salary for the profession has increased significantly since 2012, when these professionals earned £35,000 a year on average.

Software development managers' salaries tend to go up with age. Professionals in their 20s typically earn around £34,209 a year, those in their 30s make £44,699 a year, and managers in their 40s and 50s earn £52,909 a year on average.

Salaries can vary greatly depending on location. The best paid jobs are in London, where these professionals earn £49,716 a year on average, followed by the South East region, where they make around £46,980 a year, the Midlands, where the average salary is £42,419 a year, and Northern Ireland, where they earn around £41,050 a year. The lowest salaries are in Yorkshire and the North East, where software development managers make £36,489 a year on average.

 

Image Credit: Quozio