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Salary, Wages, Pay: Construction Managers
Earnings of salaried construction managers and self-employed
independent construction contractors vary depending upon the size and
nature of the construction project, its geographic location, and
economic conditions. In addition to typical benefits, many salaried
construction managers receive benefits such as bonuses and use of
company motor vehicles.
Median annual earnings of construction
managers in 2002 were $63,500. The middle 50 percent earned between
$48,720 and $84,080. The lowest 10 percent earned less than $38,130,
and the highest 10 percent earned more than $112,810. Median annual
earnings in the industries employing the largest numbers of
construction managers in 2002 were:
Nonresidential building construction
$66,280
Foundation, structure, and building exterior contractors
60,020
Building finishing contractors
59,950
Residential building construction
59,900
Other specialty trade contractors
58,860
According to a 2003 salary survey by the National Association of
Colleges and Employers, candidates with a bachelor’s degree in
construction science/management received job offers averaging $42,229 a
year.
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