While the pandemic has put the world economy into a tailspin, there are some career paths that have seen an unprecedented increased in demand. Even as employment uncertainties are the new norm in the post Covid environment, a career as a Scrum Master has never been more sought after. Scrum Masters are in demand for their ability to navigate the waters of a volatile economy that presents emergent requirements on a daily basis. And Scrum Masters who are able to prove their expertise are paid top dollar by leading organizations worldwide.
Companies all over the world are hiring Certified ScrumMasters as they are proven to deliver on challenging tasks faced by Agile teams. They have consistently shown that they can address complex issues that may crop up during the course of an Agile project, and are able to steer the tasks through to completion on time and within budget. CSMs have demonstrated, time and again, that they are well worth the high salaries paid.
A salary survey conducted by ‘Age of Product’ (Stephen Wolpers and Sumit Mehta) in 2017, included Scrum Masters from 13 countries around the world. The salary of a Certified ScrumMaster varies from country to country.
Tabulated below are the annual salary ranges for three important countries:
US: $100,001 – $125,000
UK: $60,001 - $70,000
India: $20,001 – $30,000
The monthly income of a Certified Scrum Master can be listed as follows-
US: $8333 – $10416
UK: $5000 – $5833
India: $1667 - $2500
The weekly income of a Certified ScrumMaster, assuming 52 weeks for a year, is as given below:
US: $1923 – $2403
UK: $1154 – $1346
India: $384 - $577
The hourly salary of Certified Scrum Master (CSM) is:
US: $48 – $60
UK: $29 – $34
India: $9.6 – $14
The diagrammatic representation of the above data is as shown below:-
Note: The figures mentioned here are in USD.
Additional compensations for this job
The certified scrum master can get additional compensations if he/she can take up a training for the community or get further certified in the line of his/her career.
Companywise Salary Listing
Here are some of the average salaries paid by the top companies to the certified Scrum Masters:
According to Glassdoor, Scrum Masters are among the 25 highest paid professionals in America, and with good reason too! In an era in which the world of software development is in constant flux, the ability to keep everyone connected and communicating face to face is critical. A breakdown in communications leads to a breakdown in software. And a breakdown in software leads to a breakdown of the business.
As companies are moving more towards Agile ways of working, they have realized that Scrum Master is the core role in making the team productive and self -organized and ensuring that the practices of Agile are diligently followed.
Let’s take a look at the job profile and the tasks that a Certified ScrumMaster carries out.
Below are the on-job responsibilities of the Certified Scrum Master (CSM):
The Truth About Job Titles In Scrum
According to the Scrum Guides, “Scrum has been adopted by a vast amount of software development companies around the world.”
Scrum has been used in education, manufacturing, marketing, operations, and other fields. If you have the skills in dealing with conflicts and you are an experienced facilitator, then these are the top companies in the world that hire skilled Scrum Masters like you. According to the latest data on Glassdoor, the top companies looking for expert Scrum Masters are:
Given the volatile world economy, it is not surprising that Scrum Master salaries are on the rise. Organizations are always keen to hire experienced Scrum Masters who can help to finish projects on time without compromising on quality. Skills of leadership, communications and facilitation help a Scrum Master become a vital cog in the Software development team of any organization. If you’re looking to take the first step on your Scrum Master journey, KnowledgeHut is your go-to training organization that will equip you with the skills you need to get certified.
Practice your skills; check out Scrum interview questions and answers here.
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One of my friend has shared me this article, I loved this article and the website thanks for providing such kind of use full to the people. Great information on the salaries of scrum master Now I am planning to take CSM certification will someone help me with this.
85 percent of respondents say Scrum continues to... Read More