Vice President (VP), Construction Salary
Average pay for VPs of Construction in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($128K). In the world of VPs of Construction, overall income ranges from $82K near the bottom to $225K at the top; this can include more than $51K from bonuses and more than $25K from profit sharing in exceptional cases. Location is the biggest factor affecting pay for this group, followed by experience level. Most VPs of Construction report high levels of job satisfaction. Most enjoy medical while more than half get dental coverage. Vision coverage is also available to close to one-half. The numbers in this rundown were provided by PayScale's salary survey participants.
|Salary||$78,344 - $185,824|
|Bonus||$4,883 - $50,912|
|Profit Sharing||$0.00 - $25,083|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$81,821 - $224,543|
Job Description for Vice President (VP), Construction
Vice presidents (VPs) of construction are generally responsible for overseeing and directing (beneath the president of construction) the activities and expenditures of a construction company, as well as ensuring that all construction team workers are planning and designing structures according to the plans set forth by the the president. They may also oversee time-sensitive budgets on all projects and assure clients that jobs will be completed within specific time-frames.Read More...
The vice president of construction must ensure that all construction products stay within the budgets established before work began. They may also create plans for construction team workers and develop new systems and strategies which allow them to work more efficiently and seamlessly, and some may be charge of hiring and terminating employees, as well.
A bachelor's degree in engineering, construction management, architecture, or a related field is generally required for this position, and some companies may require a master's degree and up to fifteen years of experience in construction management. A background in organizational experience, management, overseeing planning within teams, and knowledge of the design and construction industry are all beneficial for success as a vice president of construction.
Vice President (VP), Construction Tasks
- Manage and coordinate land entitlement and construction development projects.
- Execute due diligence inspections, contracts, order changes, and project cost estimates.
- Direct construction managers and designers and aid in solving budget, scheduling and field problems.
- Support CEO and aid in identification and negotiation of new construction and development opportunities.
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