FMI Releases 2014 Compensation Analysis
RALEIGH, N.C. (Oct. 13, 2014)—In the most recent white paper released by FMI , author Mike Rose shares an analysis of more than 75,000 salary records for calendar year 2013. Annually, the firm conducts a series compensation survey covering approximately 280 positions for the engineering and construction industries.
Key takeaways from the white paper titled “Post-Recession Transformations” include:
- Professional pay indexes have increased more than 10 percent since 2008
- Bonuses are down as much as 50 percent since 2008
- The largest compensation increases for construction professionals have occurred in five job areas:
- Business development – up 16 percent since 2009
- Project accounting – up 15 percent since 2009
- Quality Assurance – up 15 percent since 2009
- Estimating – up 11 percent since 2009
- Building Information Modeling staff – wages have risen 11 percent since 2009
Download a copy of “Post-Recession Transformations” or contact Sarah Vizard Avallone at 919.785.9221 or [email protected] for reprints.
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