Are they paid enough for the revenue they create? You judge.
Our question is, are event managers compensated enough for their contribution to sales for the events they create and manage. We decided to review the current figures from three on-line providers: Payscale, Indeed.com and GlassDoor. Of course, the figures are median averages. Some have salaries as high as $108,000 per year, some much lower, as in other industries, this position is often a step to higher positions in the marketing hierarchy. Payscale also showed other forms of compensation which are important in an accurate comparison.
“The people that manage events and trade shows, users conferences and road shows, are creating qualified leads and revenue that salespeople count on to make forecast. Their value is often misunderstood.”
You be the judge. There are links to each site. You can apply a filter that will let you see salaries for your location. These are North American salaries. Everything below this is directly from their site. Please go to the links.
An Event Manager earns an average salary of $49,609 per year. Most people with this job move on to other positions after 20 years in this career.
SalaryRange $34,749 – $73,315
Bonus $395.34 – $9,779
Profit Sharing $0.00 – $9,839
Commission $2,027 – $22,099
Total Pay $33,066 – $76,368
Country: United States Currency: USD Updated: 29 Aug 2017 Individuals Reporting: 1,723
Payscale Job Description for Event Manager
Event managers create, schedule, and bring to life events like conferences and parties. They usually work with clients in order to determine their preferences and plan the event based on their needs, such as deciding on a venue and what sort of atmosphere is desired. It’s usually necessary to work with third-party vendors such as caterers, DJs, and venue owners, and event managers must also adhere to their clients’ budgets.
Strong customer service and communication skills are important in this position, as is the ability to work well under pressure. Much of the work is done independently, so it’s important to be able to meet deadlines and ensure that the event and its preparation take place on-schedule. Event managers must keep all insurance paperwork relating to the various vendors and orders, and negotiation skills are beneficial for obtaining good prices with contractors and vendors. These managers may also be tasked with publicizing and marketing events, especially those which are open to the public, and they are usually present during events to ensure that everything is running smoothly. A bachelor’s degree in business, marketing, or communications is often required for this position. (Copyright 2017 PayScale.com)
Event Manager Tasks
- Establishes and oversees the logistical and administrative support needs of events; may include site surveying, cash flow management, scheduling, and crowd management.
- Supervise production of printed materials and mailings.
- Assess event goals, run meetings in preparation of event, and manage profitability of client.
- Liaise between client and service providers, as well as contract negotiation.
Indeed.com Event Manager Salaries in the United States
Salary estimated from 4,256 employees, users, and past and present job advertisements on Indeed in the past 12 months. Last updated: September 3, 2017
Average salary $48,396 per year
Most Reported $14,000 – $108,000
How much does an Event Manager in the United States make?
The average Event Manager salary in the United States is approximately $48,396 per year.
Salary information comes from 4,256 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 12 months.
Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users to generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.
GlassDoor – Corporate Events Manager Salaries
National Avg $54,740*
How much does a Corporate Events Manager make in The average Corporate Events Manager salary is $54,740. Minimum $37K maximum $67K.