Compensation
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Compensation

What do jobs in corporate real estate pay? For newcomers to the profession, this is among their earliest questions. For those who’ve been in and around the profession for some time, it’s interesting to see what others earn and how their compensation compares. Meanwhile, HR Managers may use this information to shape their own compensation practices.

CoreNet Global is pleased to present the 2018 CoreNet Global End User Compensation Survey.

Survey Departments
Leadership/General Real Estate
Asset Management/Real Estate Strategy
Construction
Contract Management Professional
Corporate and Social Responsibility 
Development
Economic Development Professional
Facilities Management
Leasing and Administration Procurement
Project Management Program
Management real Estate Attorney
Relationship Management
Sustainability
Transactions
Workplace Services/Space Planning

Sponsored by CoreNet Global and conducted by FPL Associates L.P., this survey is designed to provide internal corporate real estate organization professionals with competitive compensation levels and current information regarding the design, features, and administration of compensation programs.

In particular, this report provides information for three major facets of compensation: base salary (2018), annual incentive (cash bonus) award value (for calendar/fiscal year 2017), and long-term incentive (“LTI”) award value (for calendar/fiscal year 2017) for 16 positions commonly found in internal corporate real estate organizations (see sidebar).

What did we learn?

  • On average, participants increased salaries in 2018 by 5.3%, slightly higher than 2017 (4.2%)
  • Of the 53% of participants that received increases in annual incentives (cash bonuses) in 2017, the average increase was 12%
  • 51% of participants experienced no change in LTI award amounts in 2017 compared to 2016, 40% increased their LTI award amounts, and 9% saw a decrease in award amounts.

Download the complete 2018 report here.

The CoreNet Global Career Action Center will build on the foundation of our research program and seek to bring in additional resources to help paint a picture of compensation at various stages of a corporate real estate career.

If you are aware of additional resources we should incorporate, please email Dean Jordan, VP of University Relations & External Relations, at djordan@corenetglobal.org.



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