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Probably because the meeting planning sector of the event planning industry is so incredibly large, it has become very well organized and is extremely proficient at gathering data about the event planners it employs, so we have some very in-depth and reliable information to look at in this area. We'll look at some of that data momentarily. Salary for Social Event PlannersIn the social event sector, actual income data for salaried event planners is much more scarce than it is in the corporate event sector. Generally speaking, income levels for full-time salaried employees in the social sectors of the event planning industry do tend to be lower than those in the corporate event sectors because there are far fewer salaried positions available in that segment of the market (many social event planners are not employees, rather they are self-employed), and because it is a smaller segment of the vast event planning market as a whole. This is not to say that there is not good money to be made in social event planning or in planning private events - because there is. It may just take a little more patience and persistence before the right opportunity comes along. As a full-time salaried social event planner, expect to make $20,000 - $40,000 per year. These earnings can vary greatly from one city to another. You'll generally be able to earn more at an event planner job in very large, thriving, metropolitan areas, especially those which have healthy economies and a significant population of affluence. As a self employeed event planner you could earn considerably more, assuming your business is successful, of course. Salary for Corporate Event PlannersThe term corporate event planner is a broad term which takes in all of the various types of events which are not hosted by private individuals. So, a corporate event planner could be a trade show manager or producer; a meeting planner for organizations, associations, or corporations; someone who helps to arrange fashion shows for malls or department stores, or PR events for radio stations or night clubs; or an individual who plans gala evenings for corporations, fundraising purposes, and so on. The average salary for a corporate event planner is about $39,000. Keep in mind that in order to arrive at an average figure, salaries for all levels of experience are factored into the equation, from entry level to ten or more years of corporate event planning experience. It also takes into account salaries paid by employers of many different types and sizes. Therefore, some event planners may earn significantly higher than this amount, and others might earn significantly lower - at least in the early days of one's career. Depending on the employer, corporate event planners may be paid either on an annual salary basis, by the hourly rate, or on a salary plus commission or bonus structure. The majority of planners - approximately 70% - are paid a straight salary, while the remaining 30% are split roughly equally between hourly rates of compensation and salary plus commission or bonus structures. Salaries for Meeting PlannersBecause the area of meetings planning is such a huge and important part of the event planning industry as a whole, it has its own professional associations which devote a great deal of effort to carefully studying and analyzing the meeting planning market. As a result, we have some pretty detailed information available with regards to salaries for these types of event planners. According to 2007 figures for the Professional Meeting and Convention Management Survey, the average meeting and convention planner earns $70,000 per year. Income levels for meeting and convention planners rose by 5.7% in 2007. In fact, income levels have consistently been rising in this sector year after year. In 2000 the average income for meeting and convention planners was $43,993 per year. These numbers illustrate that this is clearly a very lucrative sector of the event planner field. Back in 2000, entry level positions generally earned between $30,000 to $36,000 per year in most parts of the US, with little experience according to meeting industry sources. In 2007, the average entry level meeting planner earned $38,000 with little or no experience. According to Meeting Professionals International, the break-down of salary levels according to type of employer is as follows (starting with the highest earners). Average Salaries According To Type of Employer Corporate Meeting Convention Planners Association Meeting Independent Meeting University Meeting Government Meeting Religious Meeting
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