Compensation for production crews in Philadelphia are generally at, or ahead of, cost of living for the area. Interestingly, remodelers serving that market are more likely to offer commission to carpenters, with nearly 57% of respondents building it into their pay structure. Also notable was the relatively high number of responses for employees with less than two years’ experience—a much smaller group in most of the other markets. Ten percent of respondents in Philly also serve New York.
While it’s about 20% cheaper to live in Philly than New York, project managers there make only 8% less on average. This means that wages outpace expenses by a good margin. Carpenters are ahead as well, but by a smaller amount. Salaries for lead carpenters track behind cost of living, but only slightly. Production managers average a bit worse, with salaries at 9% under cost of living.
*Insufficient data for statistical accuracy
Philadelphia is one of the few markets that has reliable data for staff with less than two years’ experience in their positions. It’s notable that not only does the city pay relatively well compared to cost of living, but newer leads and PMs actually earn a higher wage on average than more experienced staff. This could be because remodelers are offering additional pay to attract employees.
About a quarter of remodeling companies reported that their carpenters had some kind of job-related education. That number increased to nearly 60% for leads and PMs and 80% for production managers—a significantly higher percentage than most other markets. Yet in the case of Philadelphia, the added education didn’t translate into higher wages.
As is the case in New York, production managers are seeing the biggest projected increase. Not surprisingly, carpenters, leads, and project managers with less experience and company tenure with the company have received fewer and smaller raises since 2015.
Out of the nine markets, Philadelphia ranks in the top three for percentage of companies offering medical benefits, and pays the highest percentage of medical plans. Remodelers with more revenue are likelier to offer coverage, but it’s far from a one-to-one correlation. No relationship exists between companies that provide health insurance and those in an area with a higher cost of living.
Return to full results
Add new comment
3 Things to Add to Your Construction Contract—From a Lawyer
Did you know you can add these three elements to your contracts?
Study Finds Remodelers’ Net Profits Declined
How far did net profits decline and what's influencing the drop?
The Home Depot Bets on Pros Amid Predictions of Flat Sales Growth
For the first time since 2019, The Home Depot’s revenue fell short of Wall Street’s predictions amid a general softening in the home improvement market
Indicators of a Softening Market and How to Prepare
Market conditions could be changing, but don't panic. Richardson shares ways to stay on top of market conditions and how to prepare for any potential softening down the road.
Grow Your Business Through Collaboration with Remodeling Peers
Remodeling Mastery Forums offers a unique business opportuniy for remodelers
Why We Hired an In-House Estimator
Bringing an estimator into your remodeling company creates sweeping benefits.
5 Tips on Setting up a Collection System
Construction lawyer Thomas Croessmann walks contractors through 5 tips on setting up a system for collecting payments from clients.
Remodeling Market Predictions: 2022
A Pro Remodeler Thought Leader reveals what he sees happening in 2022
What Profit Margin Should Specialty Contractors Aim For?
The problem with hoping to break even with a meager profit percentage is that it sets precedence. There’s no goal in mind, so there will be no goal to drive a team toward.