Event Planner Salary Outlook

By Carrie Plescan

When preparing for a different career, one of the most imperative aspects you must consider is the salary. Meeting planner incomes vary broadly depending on the specialty and who you talk to, but there are a few common guidelines to check when deciding on a career.

National Statistics

The Bureau of Labor Statistics (www.Bls.Gov) reports that in May of 2006 a convention planner's median annual wages were $42,180, with the bottom end of the income scale at under $26,000 and the upper ten percent making more than $70,000. The agency further separated the specialties, stating business, professional, and political event planners made the highest amount, around $45,000, and the lowest wages were earned by persons in the travel industry at $38,270. Salary.Com reports current salaries at $53,532, with variations allowed for location and category.

Salary by Type

The type of planning you would like to do will determine a lot vis--vis your income and benefits. Corporate Meeting planners can get paid around $45,000 as the Bureau of Labor Statistics reports, but there are diverse types of corporate event planners. For example, meeting and convention planners could make a bigger salary than those who put together department and team building meetings.

Outside the corporate world, employees of nonprofits often have somewhat lesser salaries than corporate planners, but freelancers experience a more challenging time -- they are self employed and many times labor extra hours as well. College and university event planner incomes may be more in the middle to low end of the event planner income range.

Salary by Location

If you are interested in a certain location for your event planner career, you ought to analyze statistics by state and city. For example, if you presently reside in a tiny town in Iowa but would like to relocate to the East coast, do a study not only on average salaries, but also on cost of living, commute times, job availability, etc., before you reach your final decision. You may observe that a city that offers lofty salaries also has a high cost of living and it would benefit you to look for a different place.

Anyway how you make your career decisions, investigation and education are crucial. - 26221

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