Construction Management Salary
Before discussing what kind of construction management salary you can expect to earn, let’s take a look at what the job entails. Getting a job in construction management will require a lot of skill in coordinating and logistics, key skills to have when having to finish assigned projects within set dates of completion. As the name of the position sounds, being a construction manager will require you to oversee and supervise a construction project. Construction managers will also be expected to budget the operation properly, saving as much possible as possible during construction. Construction managers are also known as: project managers, constructors, construction superintendents, project engineers, construction supervisors, or general contractors.
As a construction manager, prepare to often be in the field overseeing your particular operation. Your duties will be wide ranging and can include a lot of different things. You will be tasked with all kinds of coordination work including the ordering and delivery of supplies as well as any the licensing and certification processes that must be completed.You’ll need to secure building permits, as well as make sure that all your workers are fully licensed construction workers. Other duties a construction manager is responsible for can include: construction of the road to the site, preparation of the site for builders to work on, the installation of drainage and sewage and more.
Keep in mind that on large projects, multiple construction managers will hired each in charge of specific areas of work.
Construction Management Salary
The average salary for new construction managers is $45,000 a year. The highest construction management salaries can reach up to $133,000 a year, depending on the company. Take note that different large companies offer varied construction management wages to its employees.
The average construction management salary in the United States is $95,459. The lowest salaries generally go to those managers in residential projects, with an average of $60,000 per year. On the other hand, equipment contractors earn up to $85,000 a year. Salaries rise even higher if you are working on a corporate project.
Your years of experience as a construction manager also play an important role in determining your construction management salary.
Construction Management Education and Training
If you aspire to land a job in construction management, you must have a degree in engineering and construction courses such as civil engineering, construction management, construction science, or construction engineering.
There are numerous universities offering four-year courses for these degrees. Make sure that your school has the right qualifications and accreditations to teach these degrees. When you reach your practicum course, it would also help you in your credentials if you participate in a large-scale construction project where you can assist and observe the construction managers in their tasks.
For a better edge in the construction management industry, there are some people who pursue a masters degree in construction management. This is best done while you are already working in construction to balance knowledge with experience, which make you more attractive to potential employers and increase your construction management salary.
Job Growth Outlook For Construction Managers
According to the US Bureau of Labor Statistics, jobs are expected to grow at a rate of 17% for construction managers. This is faster than the average for all other jobs in the United States and should give people interested in this field some good news.
A growing focus on creating buildings that are energy and environmentally efficient, should provide quite a few construction management positions for projects involved in retrofitting buildings and structures. Keep in mind, that the increasing complexity of construction projects will give added advantage of those construction managers who have specific training in specialized areas.
Not surprisingly, job prospects should be best for people who have a bachelors degree or higher in construction science, construction management, civil engineering or related fields.
Be sure to do some further research online into further education whether it be online or off. Good luck!
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