Estimator/Project Manager

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DAWGS

Senior Member
Location
Virginia
Can anyone give me an idea on what the range in salary packages are for a project manager/estimator in the south east? It would be for commercial work, jobs up to about $500,000.
 
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milehiwire

Banned
I won't talk numbers since I am not in your area but can tell you that I am making less than half of what I did a few years ago because much of my income was based on volume and profits.

I can't come close on either in todays market.
 
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milehiwire

Banned
Looks like I am too late to edit my post but will add that I am quite content with a reduced salary for now as I have a job/salary that puts a roof over my head, buys some beans and keeps me pretty warm.
 
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tyha

Senior Member
Location
central nc
it absolutely depends on the volume your business is doing or is capable of doing. If you are putting in several 250-500k jobs a year your company's base salary pack is going to be different than a company that can do 1 or 2 and has an even volume or 50-100k jobs. what is the average sales volume or how much on average did you guys bill for anualy in the last 5 years. if less than 2 mil and given your area I would say between 70-80k plus a 2-5% bonus on project profit. Now this all depends on how much PM is done as oppose to strictly estimating. this is roughly what I do and it has worked for us for some time. now this is pretty much in the door with valid proof of viability for this position. if this person has been consistantly shooting out winners than it will be different.
 
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milehiwire

Banned
Pretty much.

Look at it from an employers perspective.

You might win a ton of bids as an estimator but if they lose money with you as a PM ( because you tanked the bid or never PMed it correctly.) you are one giant liability to the company.

So yes, there is a value no matter what as being a good estimator and using the labor rates and margins that the company tells you to use.

Beyond that !?

It would take me a week to write the variables on what can happen on a job as a PM. Most of it is pre-damage control and anticipating all that can and will go wrong.
 
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hardworkingstiff

Senior Member
Location
Wilmington, NC
An estimator or PM are as close as you can get to an owner of the business without being one. If you don't treat them well enough, they can turn into competition. Hold them accountable and pay them well.
 
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