While ZipRecruiter is seeing salaries as high as $58.82 and as low as $16.14, the majority of General Contractor salaries currently range between $24.62 (25th percentile) to $40.77 (75th percentile) with top earners (90th percentile) making annually in Seattle.
Basically, you start with your actual or desired salary as a permanent employee, add the costs of running your business, and now divide it with a realistic number of billable hours per year (e.g. 1350 if you expect to have a regular 40-hour week and be able to bill 3 out of 4 hours). Here you go: your hourly rate.
General Contractor Salary in Washington Annual SalaryHourly Wage Top Earners $113,259 $54 75th Percentile $84,400 $41 Average $71,552 $34 25th Percentile $51,000 $25
How does the salary as a Project Engineer at Holder Construction compare with the base salary range for this job? The average salary for a Project Engineer is $104,923 per year (estimate) in United States, which is 8% higher than the average Holder Construction salary of $96,602 per year (estimate) for this job.
Generally speaking, general contractors make between 6% to 12% profit. This means if a construction manager completes a $1M project, they can expect to make between $60,000 and $120,000 in profit.
General Contractor Salary in California Annual SalaryHourly Wage Top Earners $98,690 $47 75th Percentile $73,500 $35 Average $62,348 $30 25th Percentile $44,400 $21
Frequently asked questions about Contractor salaries The average salary for a Contractor is ₹7,14,955 per year in Bangalore. The highest salary for a Contractor in Bangalore is ₹13,65,649 per year. The lowest salary for a Contractor in Bangalore is ₹4,39,261 per year.
As a general contractor, you can expect to earn a median wage of $62,000 per year, or $30 per hour, ing to the U.S. Bureau of Labor Statistics. This is significantly higher than the median wage for all occupations in the United States, which is just $36,200 per year.
Construction Contractors Must Be Registered. Washington State requires all construction contractors to register with L&I. State law also requires construction contractors to be bonded and insured to protect the public. Once registered, contractors can bid, advertise, and perform construction work.
Workers' compensation insurance is required in Washington state for any business with one or more employees. If you have any employees – even independent contractors – you might be required to buy coverage.