Salary requirments

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j-box

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An energy management firm in Texas (electric service provider) has come across an opportunity to branch out into the electrical field with the opportunity to bid on retrofit jobs and also electrical contracting as a result I have been offered a position as a master electrician to start an electircal divison in said company, I will have no ownership, but will come in as a service manager/project manager, I will bring in an electrical estimator and construction manager/ project manager and as this grows other managment. I have 25 years in the trade I have been an electrical superintendant for for many years. I have experiance in all phases of the electrical trade, service, constuction, management etc.What salary requirments, benifits, and the like are expected for this roll. Im thinking some where in the $57,000 a year range, 3 weeks paid vaction, company truck, gas card, 6 paid holidays, 3 personel days, full coverage insurance for me paid by the company, this firm offers these type of benifits to thier sales men. The firm is establised with high gross sales. I would like some feed back.
 
Yea I just have never had this chance come my way. I would like to make a good decision, sorry about the duplicate posts.
 
Retro fits

Retro fits

We use to do retrofits. Just remember that most of the work has to be performed at night and on weekends. We had a lot of problems with employees wanting to work the hours that were required in regards to the nights and weekends. You will have to pay your employees piecework to get the jobs done under these work hour requirements.

With that said, do not sell yourself short as you will also be working alot of nights and weekends checking on the jobs.

I speak from experience with doing these in many grocery stores, schools and the big boxes. Most schools were done only in the summer but others did not get funding until school starts and had to be completed by the end of the year for the funds to be applied.
 
j-box said:
Its always Monday in my work week Im used to it.
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If I were trying to better my professional career it would mean more money, less time making it and better perks to go with it. Ask your self how much do I make now and how many hours dose it take to do it? Now with a new job as you described you will invest many hours per week. Now if the 57K is broken down into $ per hr. 57000.00/ 2080 hrs year = $ 27.40 per hr (based on a 40 hr work week) if it is a straight time job every hour you work over 40 you are loosing money, if it is a hourly wage job with o/t not bad + the perks you mentioned.
 
Yea I Pm for a company now small outfit, and that is about my base salary @ 40hrs, but I also bonus $$$$, less the truck, i get a truck bounus and gas 2 weeks paid vacation, 6 paid hoildays, 1 personal day, lousy insurance, so I need to up my $$$$ i don't know like i said i want to make a good decison. But u know i need to go elswhere any way i need more cash even if its for PMing jobs i realy feel bad now:confused: :mad:
 
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I think less than $30.00 per hour is very very low.
A professional salary should start around $40 per hour even in depressed wage areas.
I would have a monthly or weekly stipend for the use of your license. Should be an extra $250 to $500 per week based on what you will have to manage.
Make sure to seperate the management employment from the license agreement stipend. It might turn out that you would rather work in the field and not manage other peoples problems.
 
i think it sounds good

i think it sounds good

I think you are fair in what you are asking. I figured it close to $80,000 a year when you factor in all the benies. I can't imagine the cost of living in texas can be all that much compared to say the north east (i'm in upstate NY). I would ask for 9 paid holidays, new years day, good friday, memorial day, 4th july, labor day, thankgiving +day after, christmas, plus a floater..

Plus if you are PMing, I would ask for profits on all jobs overseen, I think maybe 5-7% is def fair.

keep us posted!!

Gerry
G.R.A. Electric
 
Jbox


Let them make the first offer. Get an idea in your mind on what you would except and keep it close to the vest.
If the come in close great. But they may be willing to pay alot more.

good luck.
 
brian john said:
In the DC area you would get between $90,000.00-$115,000.00, plus benefits healt insurance, holidays, vacation.
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Same thing here in the Mpls/St. Paul area. $57,000 is way too low. Was paid Mid 80's (four years ago), with vehicle, 10 paid holidays, 3 weeks paid vacation, full medical, dental and vision insurance for entire family, along with Life, short term disability, and long term disability, gas card, and year end profit sharing with bonus. The company averaged a 14.75% of salary profit sharing bonus into a 401K account and a cash bonus on top of that.

Don't shoot too low, sounds like you will be in charge of their entire electrical group.
 
you said nothing about job security---you and the others you are bringing need some kind of contract for employment for "x" number of years. with no ownership in said company i think your wages need to be higher? the estimator's salary should be in the $57k range--i'm thinking you need to be closer to $75k........ this could turn into a multi-million dollar business for them with you doing all the work. also consider some type of incentive bonus for this portion of their business???
 
sheldon_ace said:
I can't imagine the cost of living in texas can be all that much compared to say the north east (i'm in upstate NY).
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I've mentioned that I've worked (recently) in a LOT of different areas.

A few things I've found:
"Just another guy on the crew" JW (merit shop) wages are pretty constant in most areas excepting a few pockets like the Northeast, the Far west coast, and down south; somewhere in the low $20's.

Out west and in the NE + $5; down south -$5.

A sack of groceries, a Ford truck, a pair of Kleins, conduit and wire, etc. cost almost the same everywhere with some regional variance's on certain items; but the whole cost is just about the same everywhere.

Land and house prices (and rentals) continue to be the only real difference in what your 'cost of living' is going to total up to

The NE and far west of course are highest with certain parts of the south being lowest. BUT! in the major cities of the south (where the actual work is) the real estate prices aren't much lower compared to the balance of places.
And the quality of the rentals is really lower ($/sq ft especially).

Southern employers like to to tell you that they offer lower wages because the cost of living there is lower, and it may have actually been true once; but that train left the station a long time ago folks.
 
brian john said:
In the DC area you would get between $90,000.00-$115,000.00, plus benefits healt insurance, holidays, vacation.
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I was thinking more along these lines too.

I make more than $57,000 a year as an inspector and have all the bennies you mentioned other than I have 11 paid holidays.

I think any super worth his weight that is running larger jobs should be in or near six figures.
 
Add to all that:
they pay for a reasonable amount of professional development (code classes, etc)
they pay for any non-hand tools needed, including computers & software (which should be considered part of the office anyway)

If you're saleried, you don't get overtime. Make sure they understand the concept of "comp time" and will let you schedule & use it.

Make sure that you're not so essential that everything comes to a stop when you go on vacation or get sick. It really sucks to be on the phone from home when you've got a nasty cold.
 
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