r/ConstructionManagers

ESOP How Does It Benefit Me

I work for a company that offers an ESOP. After 3 years the overall valuation of my stock is 40k and I’m vested in 17k of it. However it is a 2nd 401k that under no circumstance I can pull anything out of until I am retired and I am currently 30. For now aside from “increasing my net worth” what benefit does this do for me financially?

My friend at Kiewit can pull out his stock at any time. Truthfully I just see this as a ploy for a company to invest back in itself and pretend that they are giving to the employees. Eventually I can become an ESOP millionaire maybe but this still doesn’t put money in my pocket now for my current bills and goals such as owning a home.

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u/Adorable_Recipe9845 — 1 day ago

Australian Construction Labour Hours Reference/Estimating Books?

Anyone know of any good Australian estimating/reference books or resources for standard labour hours?

I’m trying to price jobs and need benchmarks for labour time on things like installing doors, concrete works, PC items/fixtures (basins, toilets, etc.). Looking for something standardized rather than just guessing.

Are there any books, guides, RSMeans-style references, or Australian estimating manuals you’d recommend?

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u/Drj420200 — 16 hours ago

If you work for McCarthy ; how do you like it?

They’re a fairly big company so I’m posting here to get some insight. I have two potential offers on the table. One for McCarthy and one for a local GC mostly specializing in County, State, and DOD projects (some non-gov).

Position : Project Manager

Coming from : owner rep Construction PM ; design and development for a major company. Personally I want to make the switch from owner to GC.

Looking for some input on McCarthy.

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Project administrator

Is 60k as a project administrator in Kauai Hawaii a good starting point. They mentioned after I complete a couple certifications I can go up to project inspector but didn’t mention the salary. I have two sisters in Hawaii I can go stay there with one of them for a bit until I settle. I have a wife anda 1 year old. Is this worth it?!

Edit:
They had mentioned that inspector pay would start at $75k-95k but would be discussed once we get to the bridge

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u/lola_1123 — 1 day ago

Thinking of school

Hey! So I’ve been thinking of enrolling in a 2 year construction science management program, it’s mainly online w one in person class the second semester, I would receive my Associates in applied science, what would I start off as? I currently work for a GC now, would I go in as a field engineer or assistant pm? I just don’t want to waste my time and money on a degree if it won’t really help. Thanks!

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u/Left_Big_Toe_2022 — 1 day ago

DBE/WBE Question

How does a company count as WBE/DBE if the person starting the company is actually a well established well connected industry veteran starting a new firm? It’s not like you’re bringing anyone new into the industry.

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u/construct-truther — 1 day ago

what safety equipment do you stock up on for big construction projects

ive got a new big project starting soon and want to make sure we have all the top safety gear covered from day one to keep the team protected on site. things like high vis vests harnesses and barriers are must haves but im looking to cover everything without missing key items.

i will get ppe workwear and safety barriers from safety xpress since they have a solid range that fits construction needs. what else should i add like signs or other gear to round it out and what has worked best for you on similar large jobs? any must haves i shouldnt overlook?

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u/prattman333 — 1 day ago
▲ 9 r/ConstructionManagers+1 crossposts

What is this section above the tilt wall?

This is located south of Dallas. I couldn't get a good vantage from the road as to if this is a separate building or on top of the tilt wall, but I have never seen this type of structure before and it looks like they are adding some sort of cladding to it so I don't think it is temporary.

From some research I did this is the AKAL Logistics Center building 1 & 2.

Can anyone shed any light as to what this is and what it is used for?

Thanks

u/Maximus1353 — 1 day ago
▲ 3 r/ConstructionManagers+1 crossposts

Reno 6-10 unit multi family

Disclosure: I am a small time landlord with a full time job. I own a 6 unit property which effectively needs a gut rehab and it’s fully paid off. I am hoping to work with an architect to see about getting permits for additional 4 units. Units will be long term rented afterwards.

My question is: how can I do research before talking to a GC (I know I have to clear everything with an architect before) so I know quality materials vs non quality materials? For example type of insulation, windows, electric etc.

My worry is that I will finance this out of pocket and get Menards quality things installed by a GC and end up bankrupting myself or having things constant break.

I am not looking to cheap out on labor nor materials but I don’t know where to start. Any suggestions?

Thank you and I apologize if this doesn’t fit the sub.

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u/Ill-Benefit9962 — 1 day ago

Anyone else agree, don't trade salary for ESOP?

Looked up a notable GC I'm interviewing with. I already saw 2 reviews that said "lower salaries but make up for it with ESOP." Im 42 years old, currently paid very well at an EPCM. Sure I dont have an ESOP, but an ESOP isnt going to pay the bills right now. Many would like to say you have to live within your means, well the economy in today's America makes that pretty damn hard to do and I dont have properties or toys like boats or 4-wheelers. I believe if a company wants you bad enough they will have to pay you to move over and thats not 'latent pay', thats immediate pay.

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u/PurpleGold0 — 2 days ago
▲ 3 r/ConstructionManagers+1 crossposts

Residential Project Manager

I have seen a couple of posts about this but no definitive answers: are there experts in construction management that will work as an owners rep in a residential construction project? Either for a flat fee, hourly rate, or percentage of project cost?

I am just wrapping up a rather large (7 figures) home renovation. While I think my contractor did amazing work, he took two years (and still a punch list to go) and I’m never quite sure where his numbers come from - sometimes different prices for the same work. I don’t ascribe malice to any of this - I just think he’s more skilled at carpentry than running a business/project.

This brings me to our next project - smaller in scope but still enough money and space that I want to make sure we aren’t ripped off or subject to prolonged dislocation. God help me but I’m open to using the same contractor but I definitely would like to get multiple bids.

So I’d like to hire a resource who can help define project scope and needs; put together something like an RFP; help with proposal evaluation and vendor selection; and work with the contractor to make sire we keep to schedule and budget.

Do these people exist? What is the best way to find one? TIA

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u/BaldTorrance — 1 day ago

Just got promoted, but every mistake makes me feel I didn't deserve it

I've been working as a project engineer for a concrete sub for about two years and they just promoted me to assistant project manager.

The other day I found out we poured a 4ft knee wall in the wrong location because of a drawing change that occurred in our approved rebar submittal response. It's my job to make sure that all changes make it back to the field. I've been on top of every design change and this is the one time I completely missed the email and dropped the ball.

I feel like trash and just can't let this happen again. What steps can I take to prevent this and also what can I do to stop this feeling of being an imposter?

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u/thebostonman98 — 2 days ago

Promotion Pay Raises within the same company

I was wondering what pay raises typically look like when moving up within the same company — for example:

PE → Senior PE / PE II → APM

I work for a large general contractor in the Midwest. Does anyone here have experience with what percentage increases or salary jumps are common for these promotions?

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u/Responsible-Bus7251 — 1 day ago

Any experience with extended resignation notice?

As the title suggests, do any of you, particularly those on the owner side if you're out there, and in a PM role or higher, have experience giving more than 2 weeks notice?

My department is 4 people - 2 directors and 2 PMs. I'm the lead for 2 $100M projects, another small project, and the other PM and I split a $400M project. The other PM is on a few more projects. If I left, there's no way he can fill in in on my projects. My director is busy with other projects they haven't even been able to assign a PM to, so it's unlikely they can pick up the slack easily either.

HR will take 2 months to find a replacement for me, if they're fast. This is partly why I'm leaving - the corporate team is just stupid. They don't understand project delivery, mostly just disrespect our team, deprioritize us, and assume the worst in us.

My directors are open about career advancement and are generally great people, but I just don't know what the norm is if you're looking to leave a role like this.

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u/deptofeducation — 2 days ago

Am I on track?

Hey guys, i am 22 years old and really love construction. I just graduated with my bachelor’s in genral business and am now starting my masters this fall in construction management. I hope to become a PM or get my GC license out of college. Ik i dont NEED to get my masters in construction management but i feel like there are somethings id rather learn in the classroom. Ive had 4 years of summer internship experience with a sub and am now doing a summer internship with a prime contractor as an assistant PM. However i still feel as if im still somewhat behind. Im looking at internships for next summer and am a bit nervous. What advice would u give if u were in my shoes. Are there any certifications you would recommend? Im currently finishing my procore certification and am planning on getting my OSHA 30 hr safety certification done next.

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u/AdSpecialist1033 — 2 days ago

Assistant super , field engineer , or project engineer

Hello , I have just at 2 years as an apprentice working for new construction commercial plumbing , I’ve learned a lot in this field , but I’ve also learned that a lot of these guys don’t make enough to buy a house or even afford a family so I’m looking more into construction management

Definitely have the ability’s to learn that side of the fence

Is it possible for me to get picked up as any of the 3 roles i listed with my experience

I also have 4 years of kitchen experience, that really only help for communication, tracking waste and managing resources, problem solving aswell and some other thing that dont directly relate to construction

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u/GAMEROG2003 — 2 days ago
▲ 9 r/ConstructionManagers+4 crossposts

Construction management position with no degree?

As someone with 5 years construction/electrical experience and 1 year being a lead foreman position I’m curious to know if anyone has landed a construction management position with no degree and just experience in something like assistant pm,project engineer,assistant super or construction coordinator ? Im thinking of going to get an AS in construction management but also thinking if I could get a good starting position with a GC with room to grow it may be in my better interest to just go start working with them and get more experience but on the management side,My end goal is to get my GC license which as of right now I have 3 years working under a GC/CBC,In FL you need 4 years total working under those licenses and 1 of those years being a super or Foreman position so I’m not very far off from being qualified for the test,Let me know your thoughts it would be much appreciated! Just an end thought (I’m currently having my resume made by a professional company that specializes in construction resumes so I’m hoping for them to make it sound and look very appealing)Thanks everyone!

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u/Available-School5321 — 2 days ago

Gentlemen, I am very happy to report that as of today I have officially been promoted from project engineer to construction manager.....with a pay raise to $100k!

Not many people I can brag to so figured I'd post here!

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u/ActualBus7946 — 3 days ago

Echo Chamber Break

I’m that guy. The new PE. I knew nothing about Construction a few months ago. My company is awesome, I get paid well, and I’m set up for success.
I don’t know enough to give advice, but I’ll say this: people skills & organization > everything else. Combine that with a good attitude & you’re set.
Thank you for your attention on this matter.

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u/archerfleming — 3 days ago

I have no internship experience and graduating in December, how cooked am I?

Hello everyone, I’m studying architecture but I want to go into construction management out of school and tried my best to get an internship this summer but I got ghosted by majority of them or rejected.

Now I don’t have any internship for the summer and going to graduate with zero experience… how bad of a situation am I in?

I know how bad the job market is so I’m scared that after school I will be unemployed for months.

Edit: I live in north nj

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u/Nemes1s-prettyboy — 3 days ago