Estimating Manager Salary
Estimating Managers in the United States tend to have a good amount of experience under their belt — more than two-thirds have more than 10 years in the field. While pay runs from $44K to $139K per year, median earnings come to $81K annually. Location is the biggest factor affecting pay for this group, followed by career duration. Making up 76 percent of those who took the survey, male Estimating Managers greatly outnumber their female counterparts. For the most part, Estimating Managers enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to most, and a majority earn dental coverage. This report is based on responses to the PayScale salary survey.
Job Description for Estimating Manager
The primary duty of estimating managers is to provide estimates for costs and time frames for projects' milestones and their eventual completion. Daily tasks include collecting information from involved parties, generating accurate estimates, and then communicating this information with relevant individuals and teams. Depending on the company and position, estimating managers may have regular contact with customers, vendors, and internal management, among others. Although some estimating managers work in small teams for large projects, they frequently work on their own to facilitate communication and planning among all parties.Read More...
Physical requirements for this position are generally limited to long hours in front of a computer, although there may be some work at field locations related to construction or other activities. Work hours may vary depending on specific projects or requirements, but these professionals often work during regular business hours.
Because of the potentially specialized nature of these positions, educational requirements vary, but typically a bachelor’s degree is preferred and a high school diploma or equivalent is mandatory. Many positions require extensive experience in a related role and the ability to read blueprints and technical documents as well. Additionally, estimating managers must have excellent communication skills, be proficient with basic computer programs, and have good multitasking skills. They must work well on their own with minimal supervision, as well as in a team setting.
Estimating Manager Tasks
- Create proposals for specific jobs, coordinating across proposals to meet goals.
- Negotiate change orders, modifications, and final settlements with clients.
- Examine blueprints to create quotes, estimate costs, and set prices.
Estimating Manager Job Listings
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Pay by Experience Level for Estimating Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Estimating Managers with a lot of experience tend to enjoy higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $54K, but folks who have racked up five to 10 years see a notably higher median of $72K. After working for 10 to 20 years, Estimating Managers make a median salary of $89K. Veterans who boast more than two decades of experience make around $113K on average — an ample six-figure paycheck.