Project coordination is a vital aspect of any company or organization. Project coordinators are responsible for ensuring that projects are completed on time, within budget, and to the satisfaction of the stakeholders. As a result, project coordinators are highly sought after in a variety of industries. If you are interested in pursuing a career as a project coordinator contractor, you may be curious about the average salary for this position. Here`s what you need to know.
Salary Overview
According to Payscale.com, the average salary for a project coordinator contractor in the United States is $29.67 per hour. This translates to an annual salary of approximately $62,000. However, this figure can vary depending on a variety of factors, including your location, experience, and the industry in which you work.
Experience
As with most professions, experience is a significant factor that can impact your salary as a project coordinator contractor. Those who are just starting out in this field can expect to earn a lower salary than those with several years of experience. According to Payscale, entry-level project coordinators can earn an hourly wage of around $20, while those with more than 20 years of experience can earn upwards of $40 per hour.
Location
Geographic location is another factor that can impact your salary as a project coordinator contractor. Generally speaking, those who work in high-cost-of-living areas, such as New York City or San Francisco, can expect to earn a higher salary than those who work in more affordable regions.
Industry
The industry in which you work can also impact your salary as a project coordinator contractor. According to Payscale, project coordinators who work in healthcare or pharmaceuticals can earn slightly higher salaries than those in other industries. Additionally, those who work in government or non-profit organizations may earn lower salaries than those who work in the private sector.
Conclusion
If you are considering a career as a project coordinator contractor, it is important to do your research and understand the factors that can impact your salary. While the average salary for this position is around $62,000 per year, your salary may be higher or lower depending on your experience, location, and industry. By understanding these factors, you can make an informed decision about whether this is the right career path for you.