Project Management Salary Survey 2024

The Project Management industry continues to evolve within Ireland, with this we are seeing the specialism within Change Management advance, aiming to ensure successful adoption of the Transformation Programmes being delivered. Companies are realising that both the Technical and People aspects are equally important to their Digital Transformation journey, and striking that balance is key to achieving their goals. Whilst Ireland is still behind countries like the US and Australia in terms of its Change maturity, it is proving to be an area of demand within the Irish Market, and one we see growing into 2024.

Certifications within Project and Change Management are proving vital, PMP, Prince 2, Prosci, APMG, and ADKAR are extremely desirable with our clients, and an excellent way for candidates to showcase their commitment to upskilling. There were no doubt some challenges in 2023, as we saw some of the larger IT organisations make redundancies. Whilst this had a knock-on effect, it is potentially not as extreme as initially thought. The positives are it has released talent back to a candidate short market; however, those candidates may need to reevaluate their salary expectations, as it may prove a challenge to receive a salary match. The covid salary boom was lucrative, as companies fought to secure talent, the big players offering very attractive packages, that many companies could not compete with, unfortunately this proved unsustainable in the long run.

Hybrid working is still proving extremely important for candidates when considering a new position, with 80% of employees wanting to retain the model they have become accustomed to. Economic conditions are encouraging people to move away from the larger cities and thus, they are less eager to travel long distances.

Retaining connectivity and employee wellbeing within the remote working world is vital for company culture. The most popular model being 3 days at home 2 days on site, employers looking to implement more than this may find it difficult to attract/retain talent.

All in all, we are noticing a notable increase in activity in Q4 of 2023, an indication of a positive uplift in the field of Project and Change Management in 2024.

In Ireland’s project management sector, there’s a discernible gender split, with 60% male and 40% female representation, showcasing ongoing strides towards gender diversity within the project management sector. Project management professionals typically maintain a median tenure of 1.7 years, suggesting a landscape characterised by steady career progression and development. Furthermore, with only 9.7% of the market changing roles in 2023, it underscores a relatively stable environment where professionals may prioritize continuity and growth within their current positions.