As of August 01, 2026, the average salary for an Internal Project Manager II in the United States is $94,800 per year, which breaks down to an hourly rate of $46.
However, an Internal Project Manager II's salary can vary significantly. Here’s a look at the typical salary range:
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An Internal Project Manager II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of an Internal Project Manager II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Internal Project Manager I | 0-2 years | $75,791 |
| Internal Project Manager II | 2-4 years | $94,732 |
| Internal Project Manager III | 4-7 years | $115,936 |
| Internal Project Manager IV | 7+ years | $130,589 |
| Internal Project Manager V | 7-10 years | $154,006 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Internal Project Manager IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Project Management | 21.38% |
| Scrum | 1.33% |
| Billing | 1.04% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Computer Science
|
$104,280 |
10%
|
|
Software Development
|
$103,332 |
9%
|
|
Agile
|
$101,436 |
7%
|
|
Program Management
|
$101,436 |
7%
|
|
Scrum
|
$101,436 |
7%
|
|
Project Delivery
|
$100,488 |
6%
|
Internal Project Manager II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $106,123. While startup companies pay approximate $89,778.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $89,778 |
| Growth Stage | 51~500 | $94,951 |
| Established | 501~5000 | $102,481 |
| Enterprise | 5000+ | $106,123 |
For Internal Project Manager II roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Pharmaceuticals sectors offer the strongest compensation, at 15% above the average. In contrast, Internal Project Manager positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Internal Project Manager II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $109,020 | $52.0 | 15% |
| Pharmaceuticals | $107,124 | $52.0 | 13% |
| Biotechnology | $104,280 | $50.0 | 10% |
| Software & Networking | $104,280 | $50.0 | 10% |
| Internet | $103,332 | $50.0 | 9% |
Your level of education can impact your salary potential. While many Internal Project Manager IIs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Internal Project Manager II with a Associate's Degree is between $89,431 and $95,688).
Internal Project Manager II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.1% |
| High School | 5.1% |
| Associates | 4.5% |
| Bachelors | 48.1% |
| Masters | 40.0% |
| Doctorate | 2.2% |
Understanding how an Internal Project Manager II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As an Internal Project Manager II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Application Coordinator/Project Manager-Cerner Certified | $105,900 | 12% |
| Manufacturing Program Manager III | $111,400 | 18% |
| Engineering Program Improvement Manager III | $111,400 | 18% |
| Internal Project Manager III | $116,000 | 22% |
Salaries for an Internal Project Manager II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $85,682 in 2023 to around $83,206 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Internal Project Manager II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $85,682 |
| 2024 | $83,758 |
| 2025 | $83,206 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Financial Services industry offers the highest average compensation for Internal Project Manager II roles, with salaries approximately 15% above the market median.
Big 3 consultants typically earn base salaries ranging from $84,400 to $107,500, with a midpoint of $95,200. When including bonuses and other compensation, total earnings can significantly exceed these figures, reflecting the high demand and competitive nature of the consulting industry.
At McKinsey, the signing bonus for new hires typically ranges from $5,000 to $20,000, especially for those coming from MBA programs. Additionally, performance bonuses can be between 10-20% of the base salary, which ranges from $84,400 to $107,500, depending on individual performance. Relocation assistance may also be available, up to $10,000.
In management consulting, entry-level salaries typically start around $84,400, with mid-level positions averaging $95,200. The maximum salary can reach up to $107,500. Performance bonuses and signing bonuses can further enhance total compensation, making this field financially rewarding for skilled professionals.
An internal consultant typically earns between $84,400 and $107,500, with a mid-range salary of around $95,200. Salaries can vary significantly by state, with California offering the highest average at approximately $106,371, followed by New York at $101,678 and New Hampshire at $93,960.
Project managers considering a transition to consulting may find they already possess the necessary skills. With a salary range from $84,400 to $107,500, project management roles in consulting are in demand. Freelance platforms offer numerous opportunities for project managers to leverage their expertise and explore diverse consulting projects.
The highest paid type of consultant varies, but roles like Business Transformation Consultant can earn between $150,000 and $186,500 annually. In contrast, Internal Project Management/Consulting positions typically offer salaries ranging from $84,400 to $107,500, with a mid-salary of $95,200. Other high-paying roles include Consulting Practice Director and Principal Consultant.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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