03 Oct How Much Does A Senior Marketing Manager Salary?

Introduction

In India Senior Marketing manager salary earns an average salary of ₹ 8 to 10 lakhs per year. At the same time, experienced marketing and manager with 9 to 15 years of experience earns an average salary of ₹ 10 to 15 lakhs per year.

The average Senior marketing manager in the US earns $81,580. The average bonus for a Marketing Manager is $6,459, which is 8% of their salary, and 98% of people report receiving a premium each year. Marketing Managers earn the most in San Francisco at $120,837, averaging total compensation 48% higher than the US average.

Get A Senior Marketing Manager Salary; How Much Will You Pay Taxes?

For an individual taxpayer in this tax bracket, you would have an estimated average federal tax in 2021 of 24%. After a 24% national tax rate has been deducted, marketing project managers could expect to earn a take-home

Here are some high-paying jobs in management.

• IT Project Manager
• Information technology is one of the highest-grossing fields overall, and the IT project manager role is no exception
• Engineering Project Manager
• Marketing Manager
• Construction Project Manager
• Health Services Project Manager

Top USA Senior Marketing Manager Salary

Full-time post salaries ranged from $32,500 to $210,000. The average freelance contractor rate for marketing managers presented a wider range of rates compared to last year’s results, which ranged from $50 to $1,100 per day.

The average freelance contractor rate for marketing project managers in the United States presented a more comprehensive range than last year’s results.

Compared to 2019, this year’s survey results show wage increases for most Senior marketing managerial functions. A senior marketing manager’s usual salary increased from approximately $75,183 to $76,632. In addition, senior project managers saw a higher increase from $86,600 to $97,452.

Other high-profile roles also saw pay increases: Head of Project Management had a $105,155 addition to $106,882, and Project Executives saw a slightly more significant increase of $95,342 to $98,138. Conversely, project coordinators saw a single drop in the US, ranging from $54,896 to $54,394.

Also Read: New Age Marketing- How to Usage It to Your Benefit

View Average Entry-Level Senior Marketing Manager Pay

Entry-level PMs go by a few diverse titles. Typically, the salary falls within the same assortment as a junior project manager salary, project assistant salary, project coordinator salary, assistant project manager salary, or associate project manager salary. Or, your role might also be “project manager,” but with pay starting on the lower end of the earning scale.

Here’s what you can expect

• Entry-level senior marketing manager salary Canada: $54,015 (CAD)
• Entry-level senior marketing manager salary United States: $55,329
• Entry-level senior marketing manager salary United Kingdom: £34,223

Typically, the salary of entry-level PMs is within the same range as that of a junior project manager, project assistant, project coordinator, project manager assistant, or associated project manager.

Some Important Factors in Senior Marketing Management Salary

Of course, your skill level as a PM touches your senior marketing manager’s salary. But other important factors influence the compensation that you should consider:

1. Contract or permanent?

There are pros and cons of actuality a contractor vs a full-time employee. In theory, contractors tend to remain paid more than senior staff. However, contractors have difficulty staying thrown into temporary projects and remain offered very few professional development opportunities. In short, you may have an orderly list of agencies you’ve worked for, but projects must be substantial enough to take you to your next career move.

2. General or specialist?

Do you have meaningful skills under a specific skill set? In-depth skill with a particular CMS or specialization in Earned Value Management (to cite just a few examples) can differentiate it from other marketing project managers. With this under your belt, you can allow him to work on more projects related to his skill set and potentially earn a more premium salary. Of course, this is subject to supply and demand, so assess whether your skill set will still be in order!

3. Sector?

A big part of determining a marketing project manager’s salary is the industry in which he works. For example, a large bank or software company would offer a much higher salary than a non-profit or small local company.

For example, by combining sources on the web, we calculated that the average salary of the digital Senior marketing manager in the United States was $59,089, while the average salary of the IT project manager was $88,451.

Conclusion

All over the world, there are very demanding senior marketing managers. The USA, UK, and India earn outstanding salaries. In USA and UK, marketing project managers do very well. And also, above, you will find information about senior marketing manager salary, which is helpful for those searching for them.

Also Read: The Benefits of A Digital Marketing Internship