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.
Construction managers participate in the conceptual development of a construction project and oversee its organization, scheduling, and implementation. Other workers who perform similar functions include architects, except landscape and naval; civil engineers; cost estimators; landscape architects; and engineering and natural sciences managers.
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