The construction industry plays a role in shaping our physical environment, including careers in managing, designing, construction, maintenance of buildings, infrastructure, and various civil engineering projects. It is a multifaceted industry that spans residential, commercial, industrial, and public works projects. With continuous technological advancements and changing regulations in the construction industry, it is important for HR professionals to accurately benchmark salaries based on current market data.
Salaries in the Construction Industry
Compensation in the construction industry can vary widely based on myriad factors, including location, project size, company size, and experience. Understanding top construction CEO salaries provides valuable insights into market dynamics and the competitive landscape and is an important part of executive compensation planning. For more in-depth analysis, use ERI’s Executive Compensation Assessor to benchmark executive compensation packages for planning and reporting. For instance, see how construction management salaries vary by geographic location and company size. You can review current data for executive salaries, bonuses, non-equity incentives, stock awards, option awards, pension, and other compensation to help benchmark total executive compensation and ensure executive compensation packages remain competitive.
Top 10 Highest-Paid CEOs in the Construction Industry
For the purposes of this examination, base salary serves as the metric since it is predetermined and the most fixed among the various forms of executive compensation. Other pay, defined as excess benefits and perquisites greater than $10,000, is the second most common form of CEO compensation and is also included in the table below.
The following is a summary of top CEO pay in the construction industry. Industries are defined using the Standard Industrial Classification (SIC) system as indicated by the organization. This summary covers organizations that filed in any SIC from 1500 to 1799.
Company Name Title Salary Other Pay
D.R. Horton Inc David Auld President and Chief Executive Officer $700,000 $29,296,862
NVR Inc Eugene Bredow President and Chief Executive Officer $715,204 $18,573,806
KB Home Jeffrey Mezger Chairman of the Board, President, and Chief Executive Officer $1,150,000 $14,664,791
M.D.C. Holdings Inc David Mandarich Director, President, and Chief Executive Officer $1,000,000 $14,683,346
Jacobs Engineering Group Inc Steven Demetriou Chairman of the Board and Chief Executive Officer $1,411,154 $13,204,367
PulteGroup Inc Ryan Marshall Director, President, and Chief Executive Officer $1,000,000 $13,484,024
Otis Worldwide Corp Judith Marks Chairman of the Board, President, and Chief Executive Officer $1,300,000 $13,177,875
KBR Inc Stuart Bradie Director, President, and Chief Executive Officer $1,191,360 $11,425,675
Quanta Services Inc Earl Austin Director, President, and Chief Executive Officer $1,225,342 $10,813,618
Carlisle Companies Inc D. Koch Chairman of the Board, President, and Chief Executive Officer $1,330,000 $10,187,926
Building total compensation packages for top executive employees can vary considerably across organizations due to a variety of complex factors. Use ERI’s Executive Compensation Assessor to learn more about how construction executive salaries compare to those in other industries, considering total compensation factors such as salary, stock, incentives, bonuses, and more. Keep in mind that compensation figures may change over time, reflecting market dynamics, company performance, and industry trends. Always stay informed of the latest compensation data to ensure your salary planning remains up to date and competitive within your industry.
Learn more about top 10 executive compensation in various industries at ERI, including the top 10 highest-paid medical professionals in nonprofit health care and the top 10 highest-paid CEOs in technology.
