How much money does a cost estimator make?
The median annual wage for cost estimators was $66,610 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $40,380, and the highest 10 percent earned more than $114,360.
How much does an estimator make in Canada?
The average estimator salary in Canada is $59,666 per year or $30.60 per hour. Entry-level positions start at $45,919 per year, while most experienced workers make up to $90,000 per year.
How long does it take to become a cost estimator?
Estimators must generally have at least 2 years of estimating experience and must pass a written exam to become certified.
What is the best salary estimator?
Best salary information websites
- Salary.com. The most popular salary-specific job site, Salary.com lists every position in a field with free salary info.
- Glassdoor. Glassdoor is known for its extensive company reviews and employee feedback.
- PayScale.
- Indeed.
- SalaryList.
- Salary Expert.
- Bureau of Labor Statistics.
- Job title.
How do I get a job as an estimator?
These are the steps typically required to pursue a career as an estimator:
- Earn an education. Estimators are usually required to hold a bachelor’s degree in mathematics, civil engineering, construction science or another closely related field.
- Obtain experience.
- Pursue certifications.
- Update your resume.
- Apply for jobs.
Do estimators get commission?
Preputin’s estimators qualify for a 2 percent commission on the shop’s overall sales for each month that they achieve an 80 percent closing ratio. The estimators typically earn a monthly bonus of $500. Benefit of the Investment: Preputin says every employee within the shop is now paid using a bonus structure.
How much do estimators make hourly?
Hourly Wage for Estimator – Cost Salary
| Percentile | Hourly Pay Rate | Location |
|---|---|---|
| 25th Percentile Estimator – Cost Salary | $33 | US |
| 50th Percentile Estimator – Cost Salary | $40 | US |
| 75th Percentile Estimator – Cost Salary | $50 | US |
| 90th Percentile Estimator – Cost Salary | $58 | US |
Is a cost estimator a good job?
Cost Estimators rank #22 in Best Business Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors.
What qualifications do I need to be a cost estimator?
However, most Estimator roles require practical experience and a qualification.
- Gain experience via a relevant apprenticeship with a registered practitioner.
- Or, alternatively complete a certificate or diploma in estimation, such as a Certificate IV in Building and Construction (Estimating) CPC40308.
How much should I be earning at 40?
For example, the median salary for an American at age 40 is $45,000, according to the chart. After that, the median salary increases just $1,000 every five years, if it increases at all. By age 65, the person who made $45,000 at age 40 will make $48,000.
Is LinkedIn salary estimate accurate?
Some estimates will be more accurate due to greater data availability. LinkedIn Salary doesn’t currently accept salary data from recruiters at companies. Salaries aren’t necessarily endorsed by companies who post jobs on LinkedIn, and actual salaries may vary.