Salaries for Building Contractors
A building contractor is responsible for coordinating and securing building contracts with private individuals and business clients. A building contractor must schedule construction workers, purchase supplies, create a budget and communicate with construction workers and clientele about the progress of the project. A building contractor often supervises workers, oversees equipment installation and assists in construction. A building contractor's salary is dependent on his job title and responsibilities.
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National Average Salary
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National average salaries in the building contractor industry partially determine individual salaries. According to the Bureau of Labor Statistics, in May 2009 the average mean annual salary for all types of building contractors was $51,400. For those who were specifically employed as construction and extraction contractors, the average mean annual salary was $43,400.
Job Title and Responsibilities
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A building contractor's job title and responsibilities impact his average annual salary level. According to Indeeed, a building contractor who holds a management title has an average annual salary of $113,000. According to the Bureau of Labor Statistics, contractors who have the title "construction manager" earn an annual mean wage of $98,400. Those who are contracted as electricians earn $47,000 annually, and contracted sheet metal workers earn $41,500 on an annual basis.
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Experience
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A building contractor's level of experience in the field affects his annual salary. According to My Salary, construction contractors/coordinators who are at the introductory pay level, without much experience in the industry, earn $50,800 on an average annual basis. Those who have several years of work experience and educational degrees in engineering or a related field earn an average of $65,800 annually. Highly experienced construction contractors/coordinators earn upward of $77,600 on an annual basis.
Geographic Location
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Geographic location influences a building contractor's average annual salary. According to the Bureau of Labor Statistics, a building contractor/construction laborer in a non-managerial position employed in Alaska earned $49,200 on an annual basis. That same laborer earned an average of $47,400 in New York and $46,800 in Massachusetts. Economic factors, cost of living and the demand for building contractors partially determine the average annual salary range.
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