In this Article on Scrum, We are going to discuss Scrum Master Salary Statistics The Scrum Master is that one person who is responsible for ensuring that his team lives agile values and principles effectively. It is the job of a scrum master to make sure that the team follows the processes and practices that the team has already agreed to use. Now, what can be those responsibilities?
- Well, he has to clear obstacles for his team to perform well.
- Then his job is to protect his team from any outside interruptions and distractions.
- Similarly, a scrum master also creates an environment that leads to the highest efficiency of the team.
- Moreover, a scrum master has to ensure a good relationship between the team and the product owner.
- In addition, a scrum master also has to act as an influencer.
- Salary range of Scrum Master in major demanding Areas of US
- Detailed Analysis of Scrum Master’s Salary
- Scrum Master Career Path
- Job opportunities for Scrum Master
- Future scope for Scrum Master Role
Salary range of Scrum Master in major demanding areas of US:
It’s a no-brainer that professionals like doctors, lawyers, and financial planners are lucky enough to make big bucks. But do you know who else makes big bucks as these professionals? The Scrum Masters of course. Some people say that a Scrum master pulls in close to six figures easily which is true to a great extent. An average Scrum master salary in the US is $87,000. But know that the designation, pay, and requirements may vary from company to company. With that, the experience of a scrum master against how much he makes also matters. But overall, a scrum master in the US can and is making a lot of money.
And that is why it’s not surprising that Scrum master makes the list of the 25 highest paying jobs in America. Those who are working as scrum masters help the tech teams operate more efficiently. It also involves running the daily meeting in which developers give a briefing on what they’re working on. All these types of Scrum masters Salary very high they tend to make a base salary of $95,167 per year. It has also been found out that a scrum master falls in the 40th percentile of software developer pay ranges. This shows that the scrum masters clearly make more than developers closer to the entry-level.
Detailed analysis of Scrum master salary:
43% of the companies have claimed to be using agile methods in their organizations. With that, the remaining 57% use agile in minor sections. Some might not use agile at all but the overall majority uses agile methods. So with this increasing number of companies who are adopting Agile methods, the demand for scrum master is increasing too. And to support our statement, we present to you this Google trends report that shows the interest in a Scrum master occupation for the past-year in the United States.
Scrum master Career Path:
As we know that the basic role of the scrum master remains the same, but there might be changes in designations, pay, and requirements from company to company. The main reason behind this is the level of experience that a scrum master has. Obviously a freshly certified scrum master is not going to earn the same as a 10 years of experienced scrum master. Thus experience matters a lot.
Below is a table showing certified scrum master salary in the US based on experience.
|Experience||Scrum Master Salary Range(in USD)|
|< 1||60,000 – 67,000|
|1-4 years||67,000 – 81,000|
|5-9 years||81,000 – 103,000|
|10-20 years||103,000 – 116,000|
|20+ years||> 116,000|
Job opportunities for Scrum Master:
To be exact, there are thousands of opportunities in the US for scrum masters. Though the salary varies from company to company, but scrum masters would always get a spot in an organization. Below is the list of the top companies who hire Scrum masters.
- P. Morgan Chase $ Co (JPMCC).
- The PNC Financial Services Group, Inc.
- Humana Inc.
- Fannie Mae Corporation.
- Accenture Technology Solutions.
Now let us take a look at the Scrum master salary ranges in the above-mentioned companies.
|Company||Salary per annum(in USD)|
|Humana, Inc||73,000 – 91,000|
|The PNC Financial Services Group, Inc||71,000 – 93,000|
|J.P. Morgan Chase & Co. (JPMCC)||75,000 – 102,000|
|Fannie Mae Corporation||82,000 – 97,000|
|Accenture Technology Solutions||88,000 – 111,000|
As you can see from the above table, the Scrum Master salary range is different for each company. Some might pay more for the same job and some pay a little less. But the most important factor that plays a part here is the experience. The more experience you have as a Scrum Master, the more you’ll get paid.
Future scope for Scrum Masters:
As we have mentioned earlier, the demand for Scrum masters is quite high due to organizations adopting agile methods. And it only tends to increase for who knows how many years. As soon as you become a Scrum Master, you have the freedom to shift your job role to a product owner or even get promoted. It’s highly recommended to view the latest features of Scrum Guide 2020.
And if you are looking for different agile-based roles then worry not because there is a list of these.
- You can become an agile coach.
- Or a certified scrum master.
- With that, becoming a certified professional scrum master is also an option.
Thus these and many more options are on your way as soon as you become a Scrum Master. Therefore, if you wish to have a bright future for yourself and earn yourself a fortune, then becoming a Scrum Master has to be an option for you. So, decide now and don’t forget to stay home, stay safe, and never stop learning.