JPMorganChase
JERSEY CITY, NJ
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
75th Percentile | $89,700 | $7,475 | $1,725 | $43 |
Average | $78,100 | $6,508 | $1,502 | $38 |
25th Percentile | $69,000 | $5,750 | $1,327 | $33 |
An entry-level Cost Engineer and Estimator II with under 1 year experience makes about $74,915. With less than 2 years of experience, a mid-level Cost Engineer and Estimator II makes around $75,184. After 2-4 years, the Cost Engineer and Estimator II pay rises to about $78,733. Those senior Cost Engineer and Estimator II with 5-8 years of experience earn roughly $83,575, and those Cost Engineer and Estimator II having 8 years or more experience are expected to earn about $83,921 on average.
Entry Level | 4% |
Mid Level | 4% |
Senior Level | 1% |
Top Level | 7% |
Experienced | 7% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Value Engineering: Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be manipulated by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. The term "value management" is sometimes used as a synonym of "value engineering", and both promote the planning and delivery of projects with improved performance The reasoning behind value engineering is as follows: if marketers expect a product to become practically or stylistically obsolete within a specific length of time, they can design it to only last for that specific lifetime. The products could be built with higher-grade components, but with value engineering they are not because this would impose an unnecessary cost on the manufacturer, and to a limited extent also an increased cost on the purchaser. Value engineering will reduce these costs. A company will typically use the least expensive components that satisfy the product's lifetime projections.
HVAC: Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system.
Skill | Salary | Demand |
---|---|---|
Quotations
|
$79,662 |
2%
|
Analysis
|
$79,662 |
2%
|
Civil Engineering
|
$79,662 |
2%
|
Presentation
|
$78,881 |
1%
|
Scheduling
|
$78,881 |
1%
|
Collaboration
|
$78,881 |
1%
|
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