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Estimating manager hiring summary. Here are some key points about hiring estimating managers in the United States:
Here's a step-by-step estimating manager hiring guide:
An estimating manager will oversee the day-to-day activities of the estimating department. Your duties typically include implementing technical estimating procedures and standards and overseeing the project estimator's work. As an estimating manager, you will be responsible for soliciting proposals and bids for labor, equipment, and material from different suppliers. Aside from these, you will be the one responsible for coordinating bid inputs from other departments. You are also responsible for reviewing and evaluating the performance of junior and senior estimators.
First, determine the employments status of the estimating manager you need to hire. Certain estimating manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them an estimating manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an estimating manager that fits the bill.
This list shows salaries for various types of estimating managers.
| Type of Estimating Manager | Description | Hourly rate |
|---|---|---|
| Estimating Manager | Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular product or industry. | $29-71 |
| Construction Estimator | A construction estimator is responsible for determining project requirements, estimating metrics, including cost-analysis procedures and area inspection to spot potential inconsistencies, mitigate risks, and address production gaps. Construction estimators work closely with the engineers to identify construction requirements and specifications for forecasting... Show more | $24-50 |
| Electrical Estimator | Electrical estimators are electrical system professionals who are responsible for creating the approximate cost of various electrical installations for both industrial and residential projects. These estimators must analyze blueprints to determine wire lengths as well as the amount and cost of all materials and fixtures needed for their electrical projects... Show more | $23-49 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $137,897 | $66 |
| 2 | Massachusetts | $120,477 | $58 |
| 3 | District of Columbia | $117,993 | $57 |
| 4 | Utah | $108,946 | $52 |
| 5 | Washington | $106,035 | $51 |
| 6 | Oregon | $104,109 | $50 |
| 7 | New York | $98,845 | $48 |
| 8 | Virginia | $94,860 | $46 |
| 9 | New Jersey | $92,297 | $44 |
| 10 | Colorado | $90,547 | $44 |
| 11 | Missouri | $88,854 | $43 |
| 12 | Arizona | $85,933 | $41 |
| 13 | Indiana | $83,316 | $40 |
| 14 | Michigan | $82,665 | $40 |
| 15 | North Carolina | $82,283 | $40 |
| 16 | Kansas | $82,169 | $40 |
| 17 | Ohio | $81,944 | $39 |
| 18 | Pennsylvania | $79,733 | $38 |
| 19 | Georgia | $78,416 | $38 |
| 20 | Texas | $77,156 | $37 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $163,703 | $78.70 | |
| 2 | Intel | $130,903 | $62.93 | |
| 3 | Tiffany & Co. | $120,488 | $57.93 | |
| 4 | Northrop Grumman | $107,109 | $51.49 | 3 |
| 5 | Spirit AeroSystems | $105,945 | $50.94 | |
| 6 | Ferguson Enterprises | $104,109 | $50.05 | 21 |
| 7 | Rivian | $102,286 | $49.18 | |
| 8 | General Dynamics | $101,825 | $48.95 | 3 |
| 9 | Builders FirstSource | $101,100 | $48.61 | 10 |
| 10 | Lennar | $100,235 | $48.19 | 4 |
| 11 | NVR | $97,476 | $46.86 | |
| 12 | Kiewit | $95,085 | $45.71 | 69 |
| 13 | L3Harris | $93,380 | $44.89 | 3 |
| 14 | Randstad North America, Inc. | $93,337 | $44.87 | |
| 15 | Derse | $91,877 | $44.17 | 1 |
| 16 | White Cap Construction Supply Inc | $91,489 | $43.99 | 6 |
| 17 | Oldcastle Infrastructure | $90,889 | $43.70 | 28 |
| 18 | McWane | $90,380 | $43.45 | 2 |
| 19 | Vensure Employer Services | $89,901 | $43.22 | 4 |
| 20 | TriMet | $89,532 | $43.04 |
A good estimating manager job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an estimating manager job description:
There are various strategies that you can use to find the right estimating manager for your business:
Your first interview with estimating manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the estimating manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new estimating manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
There are different types of costs for hiring estimating managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new estimating manager employee.
The median annual salary for estimating managers is $95,887 in the US. However, the cost of estimating manager hiring can vary a lot depending on location. Additionally, hiring an estimating manager for contract work or on a per-project basis typically costs between $29 and $71 an hour.