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Old 07-26-2007, 07:28 AM
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Default Project Manager / Estimator Pay

What should a project manager/estimator be earning if he can turn $2 mil a year at the expected margins?
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Old 07-26-2007, 09:55 AM
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$112-$125k
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Old 07-26-2007, 01:29 PM
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did you mean bring in $2 mil in profit or revenue? Big difference.
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Old 07-26-2007, 01:49 PM
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He said he is hitting his margins so it has to be revenue.
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Old 07-27-2007, 06:01 AM
rdz rdz is offline
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Over $100k for bringing in only $2 mil?

I could teach any college graduate to bring in more than that the first year.

A good rule of thumb is you should bring in 50 - 100 times your salary. If you're getting $50k/year, you should bring in $2.5 - $5 million. If your pulling down $100k/year, you better bring in $7.5 - $10 million.
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Old 07-27-2007, 10:30 AM
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50-100 is a pretty large range. I did a quick spin around the job websites and the estimator (demolition some interior demolition) compensation averaged between $90 and $140k. Some of them only required 2 years experience.

The state is looking for an estimator with interior demolition experience to prepare estimates for future agency budgets. It pays $83k + a pension. You have to have 5 years experience for that one. It's 40 hrs per week, all paid holidays, 3 weeks vacation the first year.

All I know is most years my profit sharing exceeds my salary, which is a good setup to get.
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Old 07-27-2007, 12:29 PM
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wawrecker,

You're in the Seattle area? I spent 3 years (seamed like forever), working for one one your competitors. The evil empire in the crystal palace. Their Chief Estimator(s), when they can keep one, barely makes $100k. Your other competitors, Rhine, Iconco/LVI, Harper, NW Demo, would never pay that kind of salary for a Jr. Estimator.
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