As of December 01, 2024, the average annual pay of Cost Engineer III in Potomac, MD is $118,758. While Salary.com is seeing that Cost Engineer III salary in Potomac, MD can go up to $145,835 or down to $91,909, but most earn between $104,704 and $132,931. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Engineer III in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $119,435 | $9,953 | $2,297 | $57 |
| Average | $106,701 | $8,892 | $2,052 | $51 |
| 25th Percentile | $94,074 | $7,839 | $1,809 | $45 |
An entry-level Cost Engineer III with under 1 year experience makes about $111,902. With less than 2 years of experience, a mid-level Cost Engineer III makes around $112,946. After 2-4 years, the Cost Engineer III pay rises to about $115,033. Those senior Cost Engineer III with 5-8 years of experience earn roughly $122,374, and those Cost Engineer III having 8 years or more experience are expected to earn about $126,163 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer III | $111,902 |
| Intermediate Level Cost Engineer III | $112,946 |
| Senior Level Cost Engineer III | $115,033 |
| Specialist Level Cost Engineer III | $122,374 |
| Expert Level Cost Engineer III | $126,163 |
| Entry Level | 5% |
| Mid Level | 6% |
| Senior Level | 8% |
| Top Level | 15% |
| Experienced | 18% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Construction Accounting: A form of project accounting applied to construction projects. Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.
Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
| Skill | Salary | Demand |
|---|---|---|
|
ERP Systems
|
$136,572 |
15%
|
|
Prototyping
|
$134,197 |
13%
|
|
Program Management
|
$133,009 |
12%
|
|
Risk Management
|
$131,821 |
11%
|
|
KPI
|
$131,821 |
11%
|
|
Collaboration
|
$130,634 |
10%
|
