How much does a Cost Engineer and Estimator III make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for a Cost Engineer and Estimator III at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $51 as of March 26, 2024, but the range typically falls between $45 and $59. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Cost Engineer and Estimator III collects and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Estimates costs for engineering projects based on an analysis of project technical requirements. Being a Cost Engineer and Estimator III updates costs as necessary based on new information and project scope changes. Identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. In addition, Cost Engineer and Estimator III requires interface with project management, engineering, and procurement departments. Requires a bachelor's degree. Typically reports to a manager. Being a Cost Engineer and Estimator III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Cost Engineer and Estimator III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)
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Core compensation
Includes base and short-term incentives
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