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Started By
Message
re: Construction Mangement Salary Expectations (6 years in)
Posted on 10/8/19 at 8:06 pm to StringedInstruments
Posted on 10/8/19 at 8:06 pm to StringedInstruments
quote:
I make $55k/year after 11 years of experience. Teachers.
Did you choose to teach? Do you know other teachers making significantly more?
0
Posted on 10/8/19 at 8:07 pm to GoldDigger
It blows my mind how much information people share here. I’m not trying to be a dick, but don’t you have like friends, peers, family, co-workers you could talk to this about? It seems like those would be better sources of information than TD
ETA unless this is just a troll for dick pics
ETA unless this is just a troll for dick pics
This post was edited on 10/8/19 at 8:08 pm
Posted on 10/8/19 at 8:11 pm to Vidic
quote:
It blows my mind how much information people share here. I’m not trying to be a dick, but don’t you have like friends, peers, family, co-workers you could talk to this about? It seems like those would be better sources of information than TD
I don’t tell people here what kind of money I make but I sure as hell don’t discuss it with family or friends. They all would have their hand out.
Posted on 10/8/19 at 8:11 pm to PipelineBaw
Hey PipelineBaw, you work union or non-union?
Posted on 10/8/19 at 8:16 pm to GoldDigger
quote:
Been working at small GC in BR since 2013
you should really get your name out there
I just hired a guy your age from MAPP doing the exact same thing you are doing...when he told me what he was making there I about fell out of my chair
there is value in working for and with a small business. I suspect that’s why you are still there. But if you want to make real money in a small business you need a piece of the pie. That’s what we do in order to attract talent, and still keep overhead manageable
Posted on 10/8/19 at 8:37 pm to unotiger21
quote:the typical CM isn't making 100k salary 6 years out of school. OT absolutely
You should be over 100k by now easily.
This post was edited on 10/8/19 at 8:39 pm
Posted on 10/8/19 at 9:11 pm to GoldDigger
Problem is you are limited by the amount of work they do. 3-5 mil a year has to be residential construction. 3-5 mil is a decent project as a subcontractor.
A good PM should be able to handle much more then 3-5 mil of work a year just him self. I actually prefer one or two big projects versus a bunch of smaller ones.
A good PM should be able to handle much more then 3-5 mil of work a year just him self. I actually prefer one or two big projects versus a bunch of smaller ones.
Posted on 10/8/19 at 9:23 pm to rowbear1922
Your numbers assume good project, per diem, no rain outs, no vacations, no sick days, etc. But it is doable. Good Field Engineers are worth their weight in gold.
Hopefully it wasnt me.
quote:
ETA: One of the Field Engineers on the project definitely does NOT have the “it” factor
Hopefully it wasnt me.
Posted on 10/8/19 at 9:25 pm to Carson123987
quote:
yep. guys can clear $125k as a field engineer at $45/hr working 5-10s. that's not even taking into account per diem or extended schedules or job bonuses (I know a project controls guy that just got a $30k bonus for ONE job). i cant imagine doing anything other than industrial, you don't make shite elsewhere unless you're VP-level or the owner
OP is getting hosed LOL, he needs to gtfo
I’ve been in industry for awhile, know guys across the industry, and can say this is BS.
Having that said, OP needs a new job
Posted on 10/8/19 at 9:29 pm to AutoYes_Clown
quote:
Your numbers assume good project, per diem, no rain outs, no vacations, no sick days, etc. But it is doable. Good Field Engineers are worth their weight in gold.
I was talking a field engineer (CM graduate); not you. Again, I said SOME. I know it's not all. For rain outs, the field office staff (or at least my trailer) still works. I did the OT for 42 weeks which would allow for 10 weeks a year to make just 40 hrs a week to account for vacations, sick days, etc.
I can tell you for a fact there is a 23 year old on the project that makes the amount I mentioned.
This post was edited on 10/8/19 at 9:44 pm
Posted on 10/8/19 at 9:30 pm to Tshiz
quote:
I’ve been in industry for awhile, know guys across the industry, and can say this is BS
I've already explained how the total amount he mentioned is not BS ($125k) and know people making more than what he said with less money per hour than he mentioned.
Posted on 10/8/19 at 9:44 pm to Tshiz
quote:
I’ve been in industry for awhile, know guys across the industry, and can say this is BS.
No it’s not
Sounds like you also need to get a job elsewhere. Go to one of the big boys
Posted on 10/8/19 at 10:02 pm to GoldDigger
Basically 71k with no retirement or medical benefits after 6 years is not good. The fact you haven’t got a raise in three years is a red flag as well. I would start searching elsewhere if you can’t get a raise with your current company.
Posted on 10/9/19 at 2:38 am to Carson123987
So when you guys tell your friends you make $150k a year y'all count OT and per diem? GTFO with that. When someone tell me they make $150k I am assuming $150k/2080(normal working calendar)= $72.11 an hour. I might let you include your bonus but for sure not OT and per diem.
Posted on 10/9/19 at 4:07 am to guesswho
Why would you not include OT if you regularly work OT?
Posted on 10/9/19 at 4:38 am to Pelican fan99
To me salary does not include OT. That's not salary that's OT. Salary is what they pay you for 40 hours. Like I said that's to me. You can count whatever you want
Posted on 10/9/19 at 4:43 am to rowbear1922
quote:
There are quite literally some CM graduates making $150k straight out of college with salary, OT and per diem that also have 401k and health insurance.
Why would a company pay that with zero experience?
Posted on 10/9/19 at 4:46 am to ApexTiger
he only makes $35 an hour but he is working everyday
Posted on 10/9/19 at 4:48 am to StinkBait72
quote:
Engineering PM's are making triple that with full benefits. I would look to change industries and go more industrial if possible.
OP is not an engineer
Posted on 10/9/19 at 5:08 am to ApexTiger
If the company is turning 3.5 to 5 million in revenues, then their mark up gross profit is likely 30% ish...maybe 35%
1.5 million range of gross profits...on 5 million
This company has how many employees?
6 to 13 is my guess.
I would assume the owner is not taking less than 250k in shareholder earnings plus their salaries for themselves on 5 million dollar annual business.
That's a nice small business...
It adds up to pay your people,office space, vehicles, insurance.
Estimating is critical but it's an expense like accounting.
Sales generates cash flow.
PM deliveres earnings on the backend but it's overhead also...
Industrial has much higher margins than residential..thus better salary wages...
A self employed residential engineer can easily make a 1000k a day here in Raleigh...doing site inspections, writing up letters for builders...
250 a site visit, I know an engineer who does 6 to 10 a day...
1.5 million range of gross profits...on 5 million
This company has how many employees?
6 to 13 is my guess.
I would assume the owner is not taking less than 250k in shareholder earnings plus their salaries for themselves on 5 million dollar annual business.
That's a nice small business...
It adds up to pay your people,office space, vehicles, insurance.
Estimating is critical but it's an expense like accounting.
Sales generates cash flow.
PM deliveres earnings on the backend but it's overhead also...
Industrial has much higher margins than residential..thus better salary wages...
A self employed residential engineer can easily make a 1000k a day here in Raleigh...doing site inspections, writing up letters for builders...
250 a site visit, I know an engineer who does 6 to 10 a day...
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