What do states with a higher construction estimator salary mean for the business? Niche SSP dives deep into industry affairs to fetch you some answers.
The latest construction estimator salary poll has identified several states offering higher salaries to preconstruction professionals — with varying experiences, roles, and preferences.
A hiring partner for the construction business, Niche SSP has supplemented the construction estimator salary poll with some of the major preferences of the preconstruction industry professionals — keeping in mind the benefit of all stakeholders. And considering construction estimators’ preferences have become much more important today as their jobs become increasingly complex because of several reasons.
“This market has shattered that ‘go home and be able to sleep’ working environment we once enjoyed,” American Society of Professional Estimators quotes Deanne Goodlaxson, a Senior Conceptual Estimator at CD Smith Construction.
The Niche SSP poll findings make it clear that the worth of a construction estimator's salary is one of the most compelling factors behind his/her decision to leave or join a company.
That’s why it’s quite possible for a company in Fort Wayne, Indiana, to lose its commercial estimator to a company in its neighboring state, Chicago, Illinois—where a commercial estimator’s salary is way higher. The Niche SSP’s survey on preconstruction estimator's preferences shows once an employee gets a better offer, he or she is unlikely to accept a counter offer to stay back.
The marked difference between the salary structures of preconstruction estimators in Illinois and its neighboring state Indiana is reflected in the construction estimator salary poll of 2022. It shows that the salary for a vice president of a preconstruction company in Chicago, Illinois, ranges between $218,470-$257,038 while the salary for a director of a preconstruction company falls between $167,066-$219,094.
Moreover, a preconstruction manager's salary in Chicago ranges between $134,938-$162,230, a commercial estimator’s salary falls between 89,056-115020, and a junior estimator’s salary is between $78,007-$92,110.
Whereas the salary for a vice president of a preconstruction company in Fort Wayne, Indiana, ranges between $159,908-$195,030 while the salary for a director of a preconstruction company falls between $130,770-$158,904.
While a preconstruction manager's salary in Fort Wayne ranges between $90,903-$132,880, a commercial estimator’s salary is between $79,993-$103,008, and a junior estimator’s salary is between $65,487-$76,780.
A comparative analysis of the construction estimator salary poll—conducted in Illinois and Indiana—reveals sufficient incentives exist for preconstruction professionals to relocate from one state to another in search of greener pastures.
The average salary for a vice president of a preconstruction company in Chicago, Illinois, is $120,570 higher than his counterpart in Fort Wayne, Indiana. Similarly, a director of a preconstruction company in Chicago is likely to make on average $96486 more than his peer in Fort Wayne.
And a preconstruction manager of a company in Chicago is likely to earn $73385 more than a preconstruction manager in Fort Wayne. Likewise, a commercial estimator and a junior estimator in Chicago on average earn $21,075 and $27,850 more than their counterparts in Fort Wayne.
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Where the construction business seems to be mired in inflation, hike in prices of materials, tariff troubles, and shortages of construction materials and staff, an analysis of higher salaries for construction estimators in some states heralds growth in the industry.
The state of California can be dubbed a gold mine for construction businesses and workers as it tops the list of states with the highest salaries for preconstruction professionals, according to Niche SSP’s ongoing survey of over two dozen states. The salary for the vice president of a preconstruction company in San Francisco, California, ranges between $247,000-$370,000 while the salary for the director of a preconstruction company rests between $181,000-$249,000.
According to the construction estimator salary poll, a preconstruction manager’s salary in San Francisco falls between $129,000-$171,000, a commercial estimator’s salary between $96,000-$133,000, and a junior estimator’s salary between $75,000-$94,000.
The US Bureau of Labour Statistics reports that despite challenges about 17,800 openings for cost estimators are projected each year on average over the decade. Encouraging is the fact that the construction estimator's salary is generating a lot of interest for other construction workers
The Niche SSP survey indicates that a majority of Operations Construction Professionals prefer joining the preconstruction/estimation work because of better salary prospects.
The task of construction estimators involves preparing estimates for planning, organizing, and scheduling work; collecting historical data; preparing estimates; analyzing blueprints to prepare time, cost, materials, and labor estimates; conferring with engineers, architects, and contractors; accessing cost of products, projects or services, and tracking costs relative to bids; establishing and maintaining tendering process, and conducting negotiations.
It’s pertinent to mention that Niche SPP’s construction estimator salary survey is continuing in several states at the moment. We intend to fetch you more interesting trends from the poll as soon as more results are made available.
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