Factors Affecting an Event Planner Salary

It's a good time to be an event planner. The event planning industry has witnessed tremendous growth and views on an ever-increasing trend. Event planners are needed in almost every industry - from corporations to convention centers to the nonprofit and technology industries. This is good for event planners and may be why this segment is experiencing higher than normal work growth.

If you are thinking of pursuing a career, you may be wondering what kind of salary you can expect as an event planner.

Or maybe you want to know how to progress as an event planner or if you should look for a pay raise. Regardless of your personal circumstances, it is always wise to have a sense of work trends in your business sector in order to tailor your career goals accordingly.

Salaries for those with an Event Planner or Meeting Planner Title vary depending on a number of factors. There is no "one size fits all". Industry, location, company size, years of experience and level of education all come into play when determining an event plan payer.

Location, Location, Location

Location is certainly a driving force behind wages in this profession. Those working in big cities will enjoy a rate higher than the average wage. Some geographical regions have higher wages than others due to demand, growth and the overall local economy. Do a little research on the growth and growth areas for this industry if you are thinking of a move.

Experience affects the salaries of event planners

In addition to education, experience has a significant weight in reducing an event planning job. And experience pays off. Those who are just starting out in the event planning activity usually start with the lowest paid salaries. This is true for many industries, not just event planning.

But salaries for event planners increase as they gain experience, so if you are new to event planning, get your foot in the door, work hard and learn. It will be paid in more ways than one.

What's in a job title?

If you have ever brushed up worksheets looking for an event position, you are likely to know many titles that may be related to Event Planner. This includes:

§  Meeting Planner

§  Event manager

§  Special event planner

§  Wedding planner

§  Party Planner

§  Event Coordinator in Marketing

§  Events Director

§  Special Event Manager

The list goes on. And over. The potential job titles in this industry seem endless. Each position and title carries a number of different responsibilities. Which, of course, translates into different wage rates. Any work planning events should be evaluated based on specific job tasks and degree of responsibility.

Skills that can drive a salary for event planning

Event planners hold a treasure trove of skills, including high-level organizational skills, great customer service and creativity. Those event planners with skills in the following areas generally have higher than average compensation:

§  Contract negotiation

§  Budget management

§  Project management

§  Event management

So if you are looking to move up the salary scale, add these important skills to your resume. In addition, earning event planning certifications through continuing education can also help you establish a higher paying position.

Career Paths for Event Planners

It is not uncommon for an event planner to start working in a small organization and then move on to a larger organization. Event planners often move into positions such as Event Managers or Meeting and Convention Planners and then, down the road, Event Manager or Senior Event Manager. Others choose to start their own event planning business or work as an independent consultant. There are many opportunities to pave your way in this exciting industry and find the role that suits you best.

Event planners are happy at work

Some studies show considerable job satisfaction among event planners.

Opportunities for promotion and salary increase are listed as the main reasons. Another is the positive balance of work and life. As for the rest? Perhaps for those who are suitable for event planning, it is the challenge of creatively creating multiple tasks and essential details, masterfully managing the inevitable turn of events and still implementing a memorable and successful event.

Courtesy: best corporate event planners