A person working as a Cost Controller in United States typically earns around 66,100 USD per year. Salaries range from 32,400 USD (lowest) to 103,000 USD (highest).
This is the average yearly salary including housing, transport, and other benefits. Cost Controller salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Cost Controller salaries in United States range from 32,400 USD per year (minimum salary) to 103,000 USD per year (maximum salary).
The median salary is 67,500 USD per year, which means that half (50%) of people working as Cost Controller(s) are earning less than 67,500 USD while the other half are earning more than 67,500 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Cost Controller(s) are earning less than 44,900 USD while 75% of them are earning more than 44,900 USD. Also from the diagram, 75% of Cost Controller(s) are earning less than 87,000 USD while 25% are earning more than 87,000 USD.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Cost Controller salaries by experience level and this is what we found.
A Cost Controller with less than two years of experience makes approximately 38,400 USD per year.
While someone with an experience level between two and five years is expected to earn 49,400 USD per year, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 68,100 USD per year, 38% more than someone with two to five years of experience.
Additionally, Cost Controller(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 84,400 USD per year, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 90,400 USD per year, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 96,400 USD per year, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Cost Controller salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Cost Controller is 49,400 USD per year.
While someone with a Certificate or Diploma gets a salary of 70,600 USD per year, 43% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 97,500 USD per year, 38% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+43%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Cost Controller employees in United States earn 5% more than their female counterparts on average.
Cost Controller(s) in United States are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in United States for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Cost Controller is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Cost Controller is 22% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||88,500 USD||+34%|
|Associate Analyst||95,500 USD||+44%|
|Associate Landman||40,100 USD||-39%|
|Auxiliary Equipment Operator||37,500 USD||-43%|
|Biomass Plant Technician||41,100 USD||-38%|
|Biomass Power Plant Manager||121,000 USD||+83%|
|Chemical Plant Operator||71,700 USD||+8%|
|Chief Contract Compliance Engineer||96,600 USD||+46%|
|Completions Engineer||82,500 USD||+25%|
|Cost Controller||66,100 USD||-0%|
|Crude Oil Marketing Representative||96,900 USD||+47%|
|Distribution Manager||123,000 USD||+86%|
|Dragline Operator||43,300 USD||-35%|
|Driller Offsider||32,800 USD||-50%|
|Dump Truck Driver||35,800 USD||-46%|
|Electric and Gas Operations Manager||209,000 USD||+220%|
|Energy Advisor||135,000 USD||+100%|
|Energy Analyst||124,000 USD||+88%|
|Energy Auditor||112,000 USD||+69%|
|Energy Dispatch Director||146,000 USD||+120%|
|Energy Technical Assistant||54,600 USD||-17%|
|Energy Technical Manager||113,000 USD||+71%|
|Energy Technical Trainer||74,300 USD||+12%|
|Exploration Manager||153,000 USD||+130%|
|Field Safety Auditor||102,000 USD||+54%|
|Fluids Engineer||85,500 USD||+29%|
|Fuel Cell Engineer||91,700 USD||+39%|
|Fuel Cell Technician||45,000 USD||-32%|
|Fuels Handler||41,900 USD||-37%|
|Gas Compressor Operator||38,200 USD||-42%|
|Gas Distribution Plant Operator||72,900 USD||+10%|
|Gas Supply Manager||127,000 USD||+92%|
|Geothermal Production Manager||145,000 USD||+120%|
|Geothermal Technician||61,200 USD||-7%|
|HSE Engineer||87,800 USD||+33%|
|HSE Officer||55,000 USD||-17%|
|HSEQ Administrator||65,500 USD||-1%|
|Instrument Designer||70,300 USD||+6%|
|Lead Technical Field Advisor||115,000 USD||+74%|
|Logistics and Tool Coordinator||79,100 USD||+20%|
|Maintenance Engineer||93,500 USD||+41%|
|Maintenance Superintendent||77,900 USD||+18%|
|Material Controller||58,200 USD||-12%|
|Mine Engineer||86,000 USD||+30%|
|Mine Surveyor||96,000 USD||+45%|
|Mining Project Administrator||80,600 USD||+22%|
|Mining Project Assistant||63,400 USD||-4%|
|Mining Project Controls Consultant||93,300 USD||+41%|
|Mining Project Coordinator||79,900 USD||+21%|
|Mining Project Engineer||88,900 USD||+34%|
|Mining Project Manager||116,000 USD||+75%|
|Mining Site Manager||114,000 USD||+72%|
|Mining Team Leader||89,100 USD||+35%|
|NDT Technician||53,000 USD||-20%|
|Oil Service Unit Operator||44,300 USD||-33%|
|Oil Trader||117,000 USD||+77%|
|Oilwell Pumper||34,400 USD||-48%|
|Petroleum Engineer||97,100 USD||+47%|
|Petroleum Geologist||153,000 USD||+130%|
|Petroleum Pump System Operator||48,300 USD||-27%|
|Pipeline Technician||33,700 USD||-49%|
|Power Coordinator||55,300 USD||-16%|
|Power Plant Operations Manager||177,000 USD||+170%|
|Power Plant Operator||73,500 USD||+11%|
|Radio Operator||38,700 USD||-41%|
|Reliability Engineer||86,500 USD||+31%|
|Reservoir Engineer||83,400 USD||+26%|
|Risk Analyst||112,000 USD||+69%|
|Shutdown Engineer||76,100 USD||+15%|
|Solar Energy Installation Manager||127,000 USD||+92%|
|Solar Energy Systems Engineer||92,300 USD||+40%|
|Solar Photovoltaic Installer||60,000 USD||-9%|
|Solar Thermal Technician||53,100 USD||-20%|
|Supply Operations Manager||142,000 USD||+110%|
|Sustainability Specialist||138,000 USD||+110%|
|System Development Advisor||105,000 USD||+59%|
|Tanker Truck Driver||35,600 USD||-46%|
|Utility Operator||46,700 USD||-29%|
|Wind Energy Project Manager||120,000 USD||+81%|
|Iowa City||54,500 USD|
|Kansas City||61,600 USD|
|Las Vegas||64,300 USD|
|Long Beach||58,200 USD|
|Los Angeles||77,600 USD|
|New Orleans||60,300 USD|
|New York||73,800 USD|
|Oklahoma City||64,500 USD|
|San Antonio||75,100 USD|
|San Diego||70,700 USD|
|San Francisco||68,700 USD|
|San Jose||73,500 USD|
|Washington D.C.||68,800 USD|
|District of Columbia||57,700 USD|
|New Hampshire||60,700 USD|
|New Jersey||67,500 USD|
|New Mexico||63,600 USD|
|New York||71,200 USD|
|North Carolina||66,400 USD|
|North Dakota||57,500 USD|
|Rhode Island||58,200 USD|
|South Carolina||62,500 USD|
|South Dakota||59,100 USD|
|West Virginia||62,100 USD|
Where can you get paid more, working for a private company or for the government? Public sector employees in United States earn 5% more than their private sector counterparts on average across all sectors.