The Aspiring Planner
The event planning industry is one of the fastest growing industries, spending $500 billion annually, where prior experience isn't required and there are no educational requirements. According to the BLS, the median pay for an event planner is $45,810 with the top 10% earning $79,270. It is estimated that by 2020, this industry will be adding at least 31,000 new jobs.
Event planners rank #14 in best business jobs and #66 in top 100 best jobs in the U.S. 1 in 10 event planners are self-employed which means the marketplace is large enough to support and sustain anyone wanting to be a planner. The special events industry is a lucrative market with the average profit margin being around 40%. Most people as well as corporations outsource their meeting and planning functions to event planners. Do you see why this industry is booming?