MCC Construction Zone - June 2022

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MCC Construction Zone Exhibit 2: Pay Projections by Position for 2022

Position

Overall Base Pay

Average Salary

Average Bonus

Project Superintendent $105,000-$132,000 $120,000 $16,000 Sr. Project Manager $118,000-$148,000 $135,000 $27,000 General Superintendent $134,000-$171,000 $152,000 $38,000 VP of Operations $155,000-$210,000 $189,000 $88,000 Sr. Estimator $ 99,000-$127,000 $115,000 $15,000 Chief Estimator $125,000-$170,000 $150,000 $33,000 Accounting Supervisor $ 68,000-$ 89,000 $ 79,000 $10,000 Accounting Manager $ 86,000-$120,000 $103,000 $18,000 Controller $109,000-$141,000 $126,000 $29,000 CFO $156,000-$228,000 $201,000 $106,000 Executive VP $179,000-$297,000 $245,000 $189,000 Source: 2022 Executive Compensation Survey for Contractors. PAS, Inc.

Based on executive increases, it can be inferred that professional and middle management year-end increases will average 4.5%, and craft increases will be about 4.1%, which is considered a conservative estimate. It will be interesting to see the actual impact inflation and other variables will have on compensation at year-end. About the Author Martin C. McCarthy, CPA, CCIFP, is the managing partner of McCarthy & Company. Sureties and bankers respect Marty for his high-quality work and profound understanding of the construction industry. Marty helps clients by giving them the insight needed to grow their businesses. He can be contacted at 610.828.1900 or Marty.McCarthy@McCarthy.CPA.

Disclaimer: This article is for informational purposes only and should not be relied upon for tax or accounting advice. We strongly advise you to seek professional assistance concerning your specific issue(s).

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Marty McCarthy, CPA, CCIFP

McCarthy.CPA


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