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How much money do construction managers make? also is it tiresome to be a construction manager?
How much money do construction managers make and is it tiresome?
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Christopher’s Answer
Construction managers can earn a nice income, around $80k on average in the US, but it can go higher based on your experience and where you work. Is it tiring? Well, it can be. The job often means long hours and some hard work, both physically and mentally. But if you like solving problems, working with a team, and seeing big projects take shape, it can also be pretty rewarding. So, it's a mix of hard work and satisfaction. 😊💼🏗️
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Tiffany’s Answer
Hi, Aaron! There is a wide range in salary for this position determined by how much experience you have, where you live and what kind of company you work for.
So, for instance, in Phoenix, AZ, the starting salary for this role is $38K-56K. If you work for a smaller, privately owned company, you are more likely to get an entry level job as a CM by working your way up in the organization, but the pay is generally less. The larger national and international General Construction firms typically hire their starting CM's right out of college from a contruction management program and provide a training schedule for them and pay them more to start.
Your compensation as a mid-level CM with 5-8 years of experience, expect to make $60-89K, again depending on what type of firm you work for. As a senior-level CM with 10-20 years of experience, the range is very wide - $85-150K (or more if you have varied your expertise and have acquired a masters or additional certifications) and you guessed it - depending on the type of firm you work for.
Now, if you started with a small, private firm and have done a number of successful projects (projects are determined to successful if they are 1) completed on time or early, 2) on or under budget, 3) there were no accidents causing injuries to workers, 4) the subcontractors and employes working under you feel that you are a good leader and 5) the client you are building for was happy with how you communicated with them and the end result/structure itself.), you can definitely make the jump to a larger firm after 2 more years with a smaller firm.
Good luck to you in your career exploration!
So, for instance, in Phoenix, AZ, the starting salary for this role is $38K-56K. If you work for a smaller, privately owned company, you are more likely to get an entry level job as a CM by working your way up in the organization, but the pay is generally less. The larger national and international General Construction firms typically hire their starting CM's right out of college from a contruction management program and provide a training schedule for them and pay them more to start.
Your compensation as a mid-level CM with 5-8 years of experience, expect to make $60-89K, again depending on what type of firm you work for. As a senior-level CM with 10-20 years of experience, the range is very wide - $85-150K (or more if you have varied your expertise and have acquired a masters or additional certifications) and you guessed it - depending on the type of firm you work for.
Now, if you started with a small, private firm and have done a number of successful projects (projects are determined to successful if they are 1) completed on time or early, 2) on or under budget, 3) there were no accidents causing injuries to workers, 4) the subcontractors and employes working under you feel that you are a good leader and 5) the client you are building for was happy with how you communicated with them and the end result/structure itself.), you can definitely make the jump to a larger firm after 2 more years with a smaller firm.
Good luck to you in your career exploration!