How much do estimators make in the UK?
Salary. Starting salaries for newly trained estimators are around £20,000. Experienced estimators can earn between £25,000 and £35,000. Senior, chartered or master estimators can expect salaries reaching £67,000.
Is being an estimator a good job?
What makes it great? Not only is the money good, there’s also an increasing call for estimators as companies make more of an effort to keep costs in check, which brings job security. Note: An earlier version of this profile said there is no college degree for this job.
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.
Do you have to be good at maths to be an estimator?
Organisational skills are very important for Estimators, as is the ability to clearly communicate complex financial information. Estimators have strong maths and IT skills in addition to keen attention to detail.
What the estimator must know?
A good estimator must know the applicable building codes, laws and regulations to help generate values. As an Estimator, you must be familiar with the Construction Lien Act, OSHA Standards and Labour Codes.
Is estimator a stressful job?
As estimators, your team is responsible for procuring new work for your construction company. It’s a lot of responsibility and pressure, and as every estimator knows, the job can be stressful.
How hard is being an estimator?
Estimating is one of the most difficult jobs in construction. It is also one of the most important. Profits are typically won or lost based on how accurate your estimates are and how closely they match up to your final project costs.
Is estimating a stressful job?
It’s a lot of responsibility and pressure, and as every estimator knows, the job can be stressful. But estimating doesn’t have to be as stressful as you think. Construction estimating software can help simplify your work and provide a safeguard against costly errors.
What kind of degree does a cost estimator need?
Construction cost estimators typically need a bachelor’s degree in a related field, such as construction or engineering. Manufacturing cost estimators typically need a degree in business or finance.
How do I know if I am underpaid?
If you are being paid less than someone else for the same job in the same industry and location, especially if you have more experience than that person, you’re being underpaid. Once you’ve done your research and chatted with people in your industry, it’s time to talk with your manager about a raise.