Hello ,
Meetings and Conventions, a print journal for event planners,
published a supplement in the August 2005 issue giving the results of
its national annual salary survey.
Results:
?Corporate salaries were higher than association salaries by
approximately 10% ($62,200 and $56,100 respectively). ?
?For associations, the average salary was $52,177, with $53,400 for
women and $71,000 for men. Eighty-five percent of respondents were
women, earning 73.4 cents for every dollar earned by men. Women were
typically younger than men (43.7 vs. 47.1 years old) and had worked
fewer years (11.8 vs. 14.6 years). Men worked a longer average week
than women (50.4 vs. 46.4 hours). Most association planners, 71%, had
received a raise in 2004. Certified Meeting Planners earned $5400 more
than non-certified planners ($60,300 vs. $54,900).
?For corporate respondents, the average salary was $65,000, with
$58,000 for women and $82,300 for men, meaning women earned 70 cents
on average per dollar men earned. The average age and years in the
profession were similar, 43.7 years old and 12 years as a planner for
women and 45.9 years old and 12.6 years for men. Eighteen percent
earned less than $40,000 and nine percent had salaries at $100,000 or
more.?
ALA: Volume 2, No. 9 ? September 2005
http://www.ala.org/ala/hrdr/placementservice/salaries2.pdf
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Meeting Professional International (MPI) conducted research in April
2005 to assess North American planners? professional skill levels and
career pathways, as well as salaries and other career-related trends.
Salaries by Job Title and Planner Segment
?Corporate planners with three to five years of experience reported an
average base salary of $42,373, while those with 10 years of
experience reported an average base salary of $50,714 equating to an
annual salary increase of 3 percent based on experience. Those who
moved into higher levels in their organizations reported more
significant financial gains.?
?With a few more years of work experience, meeting planners may ascend
to senior meeting planner status and a potential $10,000 increase in
pay. Those that continue on this path honing not only their meeting
planning skills, but also their business, management, communications
and strategic planning skills, among others can continue their climb
up the corporate ladder. The farther they climb, the greater the
rewards, with vice presidents reporting average earnings of nearly
$88,000 per year.?
?The pay scale for association planners, however, is not as high.
Based on the survey data, association planners (at all levels) in the
United States earn approximately 16 percent less in base salary than
U.S. corporate planners. At the planner level, the difference in pay
is 10 percent; at the director level, it?s 36 percent.?
?Among independent-planner respondents, only 55 completed the salary
portion of the survey, so little information could be reported about
various regional and sub-segment differences. Still, those respondents
provided some interesting data.
?Forty-five percent of respondents described their companies as having
only one employee (themselves), while 45 percent had from two to 10
employees, 5 percent had from 11 to 50 and 5 percent had 51 or more.?
?A majority (81 percent) described their organizations as meeting
planning companies. Half (nine) of the 18 independent planners that
said they had started their own businesses during the past year said
they had also experienced a pay decrease of 20 percent or more.?
See detailed salary information by gender experience and type at this link::
http://www.mpiweb.org/CMS/mpiweb/mpicontent.aspx?id=2421
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A typical Meeting/Event Planner working in the United States earns a
median base salary of $51,438, according to our analysis of data
reported by corporate HR departments. Half of the people in this job
earn between $45,276 and $63,976.
Job Description for Meeting/Event Planner:
?Responsible for all aspects of planning a meeting or special event
for an organization. Responsible for all amenities and accommodations
at the event as well as any associated contract negotiations. May
require a bachelor's degree in area of specialty and 2-4 years of
experience in the field or in a related area. Familiar with standard
concepts, practices, and procedures within a particular field. Relies
on experience and judgment to plan and accomplish goals. Performs a
variety of tasks. Works under general supervision. A certain degree of
creativity and latitude is required. Typically reports to a supervisor
or manager?
Salary.com
http://secure.salary.com/jobvaluationreport/docs/jobvaluationreport/jobsellhtmls/Meeting-Event-Planner-salary-job-description.html
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According to Dr. Joe Goldblatt, CSEP (Certified Special Events
Professional), founder of ISES (International Special Events Society)
and the founding director of the Event Management Program at George
Washington University, gross profit margins vary greatly but are
usually in the 30 to 40 percent range.
?The special events industry has grown enormously in the last two
decades. annual spending for special events worldwide is estimated at
$500 billion.?
?Gross profit margins vary greatly but are usually in the 30 to 40
percent range. Starting salaries are usually in the high $20s, and,
according to a study I conducted, over 55 percent of all event
planners earn between $55,000 and $100,000 per year.?
Entrepreneur Media, Inc
http://www.smallbizbooks.com/cgi-bin/SmallBizBooks/00073.html
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Median Salary By State
For Primary Responsibilities=Event Planning / Party Organization
California 42000
New York 40000
Texas 36750
Illinois 38500
Florida 34000
Pennsylvania 36000
Georgia 35000
Massachusetts 40000
Median Salary By City
For Primary Responsibilities=Event Planning / Party Organization
New York 43375
Atlanta 37000
Chicago 40000
Los Angeles 41000
Washington 40000
Boston 41000
Seattle 40000
San Diego 38000
PayScale
http://www.payscale.com/salary-survey/vid-18508/fid-6886
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The job: Event planner
?The pay: An independent planner on the West Coast can make $30,000 to
$40,000 a year, while in Houston pay starts at around $25,000. On top
of that, planners -- who coordinate events varying from premieres to
weddings -- often receive tips of 15% to 20% of the cost of service.
The hours: Most planners say they work at least 50 hours a week --
often on weekends, with odd hours. It takes about 150 hours for a
chief planner, working with staff, to produce a major event -- a
political convention or the after-party for an awards ceremony -- from
start to finish.?
Career Journal
http://www.careerjournal.com/salaryhiring/industries/advertising/20060727-carmichael.html
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What_is_the_average_salary_or_pay_rate_of_an_event_planner?
??most event planners are either self-employed or employed with a
company that pays a salary, not an hourly rate. ?
?As a former event coordinator at a major-market radio station, I can
tell you that in Dallas, Texas, the average ranges from $9.00/hr
(believe it or not) to around $45,000/yr. I know that is a huge gap,
but experience, education and position weigh heavily in that.?
FAQ FArm
http://www.faqfarm.com/Q/What_is_the_average_salary_or_pay_rate_of_an_event_planner
How_much_money_does_a_wedding_planner_earn?
?Most wedding planners are self-employed. They charge an engaged
couple a set fee or a percentage of the total cost of the wedding. So
their income can vary greatly, depending on how many clients they have
and how elaborate the weddings are.?
?Wedding Planners are just like any other profession. You can get
one's from 500.00 to $500,000.00. Depends on what you want.?
http://www.faqfarm.com/Q/How_much_money_does_a_wedding_planner_earn
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Some interesting articles:
Want to be an event planner? There are growing career opportunities in
the meeting and event industry. Here's how to get in the door
Black Enterprise, Nov, 2005 by Lee Anna Jackson
http://www.findarticles.com/p/articles/mi_m1365/is_4_36/ai_n15890925/pg_2
Super Steep Sixteen
http://www.usnews.com/usnews/culture/articles/050912/12party.div.htm
Search terms:
Salary OR wage OR pay event OR party planner
I hope the information provided is helpful!
Best regards,
Bobbie7 |
