What Is A Commercial Estimator Worth?

05/24/2014


From original questioner:

I am getting ready to go into a yearly review at a new company I joined a year ago, and I am trying to get a feel if I should be asking for a raise or if I am already compensated fairly.

Up until I joined, the company was primarily a kitchen manufacturer with 6-8 million in sales per year coming from a team of 6 designers / sales people, and a single commercial project manager / estimator who averaged about 1 - 2 million a year.

I was originally hired for a different position, but once they saw my abilities as an estimator they had me take over all commercial estimating and the original guy was let go (due to various issues)

I have been estimating strictly commercial work for 7 years, I quote around 30 million a year with average yearly sales of 3 - 4 million, and I rarely miss anything in a quote (largest miss was maybe 2% of the total value of the contract, and that was only once, early in my career) Since I have joined the company the commercial department has grown from a team of two to a team of 5.

The books are more -or less closed, I have no idea what the final profit margin is on the jobs I get, but my mandate is 5%, and I have yet to hear a single complaint about not hitting that.

So what should I be getting paid? I know they are very happy with my work and they have told me as much, but at the same time I don't expect them to volunteer to give me any more money than they think they must to keep me or get a replacement of equal skill.

I have tried the various job posing websites for a wage comparison but it tends to default to general construction estimators, so any help is appreciated.

From contributor Gi


$84,572

Paid health insurance, 2 weeks vacation, 5 sick days, and you get a birthday cake on your birthday. You get to choose chocolate or vanilla, with one scoop of ice cream on top.

From contributor ES


That is correct, unless one is lactose intolerant. In that case, beer.

From contributor St


Estimator83:

Ginger Lynn enrolled in ESL after she left the adult entertainment industry. This forum is generally occupied by business owners, and so the odds against getting a straight answer to your question approach mathematical certainty.

While there are many variables, including location, in determining a fair salary/benefit package, one place to start might be to go to the Job Opportunities exchange on this website, and type in "manager" in the search box. Scroll down to find the jobs posted by the various placement companies, and you can click on any of the jobs listed, which give a general location, job requirements and qualifications, and a salary range. None of them mention ice cream or beer.

You may even be able to contact one of these companies, and they may help you further. Good Luck.

From contributor Gu


it really does depend on some factors.

while in a perfect world, you would think that your results would be more than enough to justify your pay, don't kid yourself. certain factors play in the mix (that probably shouldn't)

1) Where do you live ( geographic location?)
2) What is your age ?
3) Marital / Family status ?
4) Competition / other applicants availing themselves for your job
5) Your confidence and demeanor
6) YOUR GENDER .. yup - lets not kid ourselves
7) Your social relationship with the Boss(es)

From contributor es


1) Where do you live ( geographic location?)

I'd rather not say specifically, but it's a moderate size city. I would presume this refers to local cost of living, so basing that on the average local single family home price, (housing typically being largest cost of living expense) I should be on par with Utah, Maryland, Virginia, Washington, Nevada, Oregon & Arizona.

2) What is your age ?

Early 30's

3) Marital / Family status ?
Married w/ kids.

4) Competition / other applicants availing themselves for your job

Few with my experience.

5) Your confidence and demeanor

Confident and professional.

6) YOUR GENDER .. yup - lets not kid ourselves

Male

7) Your social relationship with the Boss(es)

Office only, friendly / cordial.

From contributor Ca


Maybe this will help.

From contributor es


That's very helpful,