As of December 01, 2024, the average annual pay of Cost Engineer V in Irvington, NJ is $173,106. While Salary.com is seeing that the highest pay for Cost Engineer V in Irvington, NJ can go up to $216,296 and the lowest down to $133,393, but most earn between $152,319 and $195,714. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Engineer V in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $173,198 | $14,433 | $3,331 | $83 |
| Average | $153,191 | $12,766 | $2,946 | $74 |
| 25th Percentile | $134,796 | $11,233 | $2,592 | $65 |
An entry-level Cost Engineer V with under 1 year experience makes about $163,860. With less than 2 years of experience, a mid-level Cost Engineer V makes around $165,403. After 2-4 years, the Cost Engineer V pay rises to about $166,020. Those senior Cost Engineer V with 5-8 years of experience earn roughly $169,106, and those Cost Engineer V having 8 years or more experience are expected to earn about $171,575 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer V | $163,860 |
| Intermediate Level Cost Engineer V | $165,403 |
| Senior Level Cost Engineer V | $166,020 |
| Specialist Level Cost Engineer V | $169,106 |
| Expert Level Cost Engineer V | $171,575 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 10% |
| Experienced | 12% |
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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 |
|---|---|---|
|
MRP
|
$214,652 |
24%
|
|
Process Improvement
|
$195,610 |
13%
|
|
ERP Systems
|
$195,610 |
13%
|
|
Alignment
|
$193,879 |
12%
|
|
Risk Management
|
$193,879 |
12%
|
|
Program Management
|
$186,955 |
8%
|
