Construction manager salaries are in the headlines this week as more and more companies are reporting a shortage of workers to complete major construction projects.
The number of construction jobs in the US has grown rapidly in recent years as the construction industry continues to expand and diversify.
A study from McKinsey & Co. found that construction workers make a median annual salary of $2.50 an hour, but some companies have reported higher payouts.
The company estimated that construction manager salaries at major construction firms have increased by more than 50 percent since 2006, when the construction boom began.
Some construction companies also have reported salary increases for construction managers, while others have reported lower payouts, according to the McKinsey study.
The McKinsey survey looked at compensation for construction manager positions in the construction sector in the cities of Philadelphia, Cincinnati, Los Angeles, San Francisco, and Portland, Oregon.
It found that in 2013, construction manager compensation was the second highest on average, at $2 in the Philadelphia area, followed by $1.80 in the Cincinnati area, $1 in the Los Angeles area, and $1 for construction in Portland.
The median compensation in the Portland area was $1,500, according the study.
In Los Angeles and San Francisco construction manager pay was $2 an hour.
The study found that the average salary of construction manager was $9,900, but in Portland that average pay was only $7,500.
Construction Manager salaries are up and down over the past decade, and some companies are raising pay for the position, but it remains high compared to other occupations, according