How Much Does an Event Planner Make?
Do you like planning parties and events that guests talk about for days afterwards? Are you good with details and multitasking? Would you like to be responsible for putting together all aspects of an effective event for a variety of recreational or business-related purposes? Event planners conceive gatherings from the ground up, which may require long work hours and extensive travel. Learn more about this career and what kind you salary you can expect here! Schools offering Hospitality Management degrees can also be found in these popular choices.
Event Planner Defined
Event planners, also known as a meeting and convention planners, put together events, such as national conventions, home and garden shows, movie premiers or business meetings. As an event planner, your duties include organizing and overseeing all aspects of these events, including finding and booking appropriate locations, coordinating food and entertainment, arranging for proper audio/video equipment and negotiating contracts. You are also responsible for assessing the overall effectiveness of events in order to determine the best course of action for future endeavors.
According to the U.S. Bureau of Labor Statistics (BLS) in May 2009, the average yearly salary of meeting and convention planners was $48,060 (www.bls.gov). The bottom ten percent made $27,550 or less, while the top ten percent made $75,160 or more.
The industry employing the greatest number of events planners is the traveler accommodation industry, which includes hotels, motels and casino hotels; it employs 7,420 event planners, according to the BLS. Other key industries for event planners include business associations, labor unions, political organizations, colleges and universities, local government agencies and consulting services. The industry providing the highest yearly salary to event planners is the software publishing industry, which pays its events planners an average compensation of $65,530.
Many employers would like you to have a bachelor's degree before hiring you as an event manager, according to the BLS. You may choose to earn a degree in the area that the company you wish to work for specializes in, such as communications, business or hospitality management. Some schools also offer degree and certificate programs or continuing education courses in meetings management designed for people looking to enter the occupation.
Though not required by employers, you may also choose to complete a master's degree program or earn industry certification to increase your advancement options and earning potential. Possible certifications include the Certified Meeting Professional credential offered by the Convention Industry Council and the Certified Government Meeting Professional credential from the Society of Government Meeting Professionals.
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