Monday, November 16, 2009

Salary: Am I being paid the average for this job position?

My job title is: Project Manager, I work for a Mechanical Engineering and Contracting Firm. I am in Charge of project scheduling, material purchasing, budgeting, troubleshooting. I work 40 hours a week, I have a bachelors degree in construction management, and associates degree in architectural construction technology. I have been out of school for 1 year now, been at this job for 1 year. I am 24 years old and am paid $43,000 a year.





I also get fulle dental, vision, and health insurance, but have to pay $27 every paycheck.





Is this making good money, or should I be making more than I already am for this job position?

Salary: Am I being paid the average for this job position?
I would recommend you go to salary.com, where you can enter your job title and location to see what others in your job market are making. Salaries vary widely depending on where you are, how many people with similar qualifications/jobs are in your area, and what the company required as far as education, experience, etc.





You'll also have to consider how valuable the other benefits are to you, because even though you don't receive them as cash/salary, they're still worth money. For example, if you pay $27 bi-weekly for your insurance benefits, that's $54 per month that you are spending; if you tried to get the same coverage and benefits outside of your employer, you would pay a lot more (if you could even find a similar plan you were eligible for).





On the surface, it sound like good money, but if you're in a major metropolitan market, you'll have to consider your cost of living as well. $43K goes further in Podunk, Iowa than it does in NYC. :)





I hope this information helps. Best of luck!
Reply:Depends on where you live. I think $27.00 is very minimal to pay for health%26amp;dental benefits, so your good there. You can do a web search to see where you would get the highest salary if your interested in relocating.
Reply:sounds like you are making very good money. I wish my benefits were that good.
Reply:If you don't have any job experience prior to working at this company, it's not a bad pay to start with. It also depends on the company you work for. Is it a start up company? Usually start up companies pay more because they're new and they're not sure how much to offer an employee. Does the company policy state anything about a potential raise or bonus in the future? Not a lot of companies give out salary raises or bonuses, but this is the only way to increase your salary. Does your company provide 100% coverage on your medical, dental and vision if something major needs to be done? If it does, then $27 is nothing.





After one year, people usually get experience and seek for higher paying jobs. This tells you how much you're worth to other companies.
Reply:The salary/remuneration for a particular job is the market value for a particular profession and designation at the city/town where the office is located. Job postings at websites like Monster, Yahoo HotJobs and Careerbuilder carry information about salaries. The Govt Dept of Labor, (www.bls.gov) Bureau of statistics has information about median salaries for different professions and details of additional compensation offered. Other online resources are salary.com and payscale. Your salary will also depend on your educational qualification and how you handle your career. More details and links to relevant websites available at http://7ys.info/
Reply:Dude i live in NYC. I got my Bachelors degree 2 years ago and i'm working for 33,000 a year. Right now I wish it was 43,000.
Reply:check this link its good








http://workathomefreelancingdataentrywor...





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Reply:The salary for a Project Manager will vary depending on your location, employer, etc. According to PayScale.com, the typical salary for a Project Manager working in construction ranges from $54,278 to $79,639. The median salary for a Project Manager in construction with less than 1 year of experience is $52,784. However, people will earn more or less than that figure depending on various factors.





To find more accurate salary data for your specific Project Manager position, you can take PayScale's free salary survey. http://www.payscale.com/?src=yahooA





Hope that helps,


Assistant to Dr. Salary


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