Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
NAREIT 2016Compensation
Survey
Detailed information from
141 CompaniesIncludes Data on Benefits
Comparisons available for all positions by:• Property sector• Equity market capitalization• Number of full-time employees
For ordering information, please contact Allison Shaw at [email protected] or see attached order form.
NAREIT is pleased to present the NAREIT 2016 Compensation and Benefits Survey.
Sponsored by NAREIT and conducted by FPL Associates L.P., this survey provides real estate companies, specifically real estate investment trusts (REITs) and real estate operating companies (REOCs), with valuable competitive compensation levels and current information regarding the design, features and administration of compensation programs. In addition, this year’s survey requested information on benefits programs.
In particular, this report provides information for three major facets of compensation for 154 positions commonly found in member organizations:
• Base salary (2016);• Annual incentive award value (for calendar/fiscal year 2015 and typically paid in 2016);• Long-term incentive award value (for calendar/fiscal year 2015 and commonly granted/awarded in 2016).
The survey illustrates the latest market trends across the real estate industry and broader legislative and corporate governance developments. In addition, the survey contains the results of more than 100 unique questions relating to compensation design trends for real estate professionals, as well as a section analyzing key design elements of benefits programs.
This year’s survey had a participation rate of 48 percent, with an all-time record of 141 organizations participating. The 108 participating companies that are U.S.-based stock exchange-listed Equity REITs, in aggregate, have an equity market capitalization of approximately $700 billion. This represents approximately 78 percent of the industry’s total equity market capitalization, making this survey the most comprehensive of its kind.
NAREIT 2016Compensation
Survey
Detailed information from
141 CompaniesIncludes Data on Benefits
To order, go to:
reit.com/compensation-survey-order
Participating Companies
Participant DemographicsThe charts illustrate the field of participating companies by property sector, number of full-time employees and equity market capitalization.
Number of Employees
Property Sector
Equity Market Capitalization
Retail
Diversified
Residential
Office
Industrial
Lodging/Resorts
Health Care
Data Centers
Other
23%
14%
12%
10%
9%
8%
7%
4%
13%
Other: Infrastructure, Mortgage/Debt, Self-Storage, Specialty, and Timber
75 - 299Employees
26%300 - 750Employees
19%
Over 750Employees
22%
Less Than75
Employees33%
Less Than$1.5B28%
$1.5B - $3B25%
$3B - $5B17%
$5B - $10B12%
Over $10B18%
This report may not be reproduced, re-distributed, sold, lent, licensed or otherwise transferred without the prior written consent of FPL Associates L.P. and NAREIT®.
Segmented compensation data tables available for the following 154 positions
NAREIT 2016Compensation
Survey
To order, go to: reit.com/compensation-survey-order
Executive Management Chairman of the Board Chief Executive Officer Chief Operating Officer Chief Financial OfficerChief Administrative OfficerChief Accounting OfficerGeneral CounselChief Information OfficerChief Investment Officer International PositionsHead/President of Region or Country
Senior Management Regional COO/Regional EVP Division or Subsidiary PresidentHead of Internal Audit Head of Human Resources Corporate Controller Head of Risk ManagementCorporate TreasurerHead of Investor RelationsHead of New Business/DevelopmentHead of Portfolio Management
Corporate Services Positions – AccountingDivision ControllerAssistant Controller Accounting ManagerSenior AccountantStaff AccountantAccounts Receivable/Accounts Payable SupervisorAccounts Receivable/Accounts Payable Professional
Corporate Services Positions – Administration Office ManagerExecutive AssistantAdministrative AssistantReceptionist
Corporate Services Positions – Audit and Tax Internal AuditorSenior Corporate Tax ExecutiveTax ManagerTax ProfessionalDirector of Financial ReportingFinancial Reporting Manager
Corporate Services Positions – Budgeting and Planning Senior-Level Budgeting and Planning ProfessionalBudgeting and Planning Analyst
Corporate Services Positions – Customer Service Head of Customer Service/Tenant Relations
Corporate Services Positions – Finance VP of FinanceMid-Level Finance ProfessionalFinancial Analyst
Corporate Services Positions – Legal Associate - General CounselStaff LawyerSenior ParalegalParalegal Corporate Services Positions – Human ResourcesHuman Resources ManagerHuman Resources GeneralistHuman Resources CoordinatorRecruitment ProfessionalHead of Compensation & BenefitsHRIS ManagerTraining & Development Professional
Corporate Services Positions – Marketing Head of MarketingSenior-Level Marketing ProfessionalMid-Level Marketing ProfessionalSocial Media ProfessionalMarketing CoordinatorCommunications DirectorHead of Brand StrategyMarket Research Analyst
Corporate Services Positions – Operations Operations Director
Corporate Services Positions – Payroll Payroll ManagerPayroll Administrator
Corporate Services Positions– ResearchHead of Research
Corporate Services Positions– Risk ManagementSenior-Level Risk Management Professional
Corporate Services Positions – Technology Head of MIS/ITMIS/IT ManagerDirector of Network & Data Center ServicesVP of Application DevelopmentTelecommunications SpecialistSystems DirectorSystems AdministratorTechnical Service & Support DirectorTechnical Support SpecialistHelp Desk Professional
Real Estate Positions – Architecture & EngineeringChief Architect/DesignerChief EngineerBuilding Engineer
Real Estate Positions – Asset Management Head of Asset ManagementSenior-Level Asset Management ProfessionalMid-Level Asset Management ProfessionalAssociate - Asset Management ProfessionalAnalyst - Asset Management Professional
Real Estate Positions – Building Ops./Facilities MgmtTop Facilities Management ProfessionalHead of Building Ops./Facilities ManagementSenior-Level Building Ops./Facilities Management ProfessionalMid-Level Building Ops./Facilities Management ProfessionalBuilding Operations SupervisorBuilding/Maintenance OperatorSecurity Director
Real Estate Positions – Capital MarketsHead of Capital MarketsSenior-Level Capital Markets ProfessionalMid-Level Capital Markets ProfessionalJunior-Level Capital Markets Professional
Real Estate Positions – ConstructionHead of ConstructionSenior-Level Construction ProfessionalMid-Level Construction ProfessionalJunior-Level Construction ProfessionalProject ManagerConstruction EstimatorProject CoordinatorConstruction Superintendent
Real Estate Positions – DevelopmentHead of DevelopmentSenior-Level Development ProfessionalMid-Level Development ProfessionalJunior-Level Development Professional
Real Estate Positions – Due Diligence/UnderwritingHead of Due Diligence/UnderwritingDirector of Due Diligence/UnderwritingDue Diligence/Underwriting Manager
Real Estate Positions – InvestmentsSenior-Level Investment ProfessionalMid-Level Investment ProfessionalJunior-Level Investment Professional
Real Estate Positions – Leasing and AdministrationHead of LeasingSenior-Level Leasing ProfessionalMid-Level Leasing ProfessionalJunior-Level Leasing ProfessionalManager of Lease AdministrationLease Administrator
Real Estate Positions – Property AccountingProperty ControllerProperty Accounting ManagerProperty Staff Accountant
Real Estate Positions – Property ManagementHead of Property ManagementSenior-Level Property Management Professional (Sq. Footage: Over 1.5M)Mid-Level Property Management Professional (Sq. Footage: 1-1.5M)Senior Property Manager (Sq. Footage: 500,000-1M)Property Manager (Sq. Footage: Up to 500,000)Assistant Property ManagerProperty Administrator
Real Estate Positions – Property TaxHead of Property TaxProperty Tax Professional
Real Estate Positions – SalesNational Sales ManagerInternal Sales ManagerKey Account Manager
Real Estate Positions – Transactions (Acquisitions/Dispositions)Head of TransactionsSenior-Level Transactions ProfessionalMid-Level Transactions ProfessionalAssociate - Transactions ProfessionalAnalyst - Transactions Professional
On-Site Positions – Property ManagementProperty Mgr. (complex) or (stabilized 500+ units)Property Mgr. (complex) or (stabilized 250-500 units)Property Mgr. (complex) or (stabilized 100-249 units)Property Mgr. (complex) or (stabilized less than 100 units)Assistant Property Mgr. (complex) or (stabilized)
On-Site Positions – MaintenanceMaintenance Mgr. (complex) or (stabilized 500+ units)Maintenance Mgr. (complex) or (stabilized 250-500 units)Maintenance Mgr. (complex) or (stabilized 100-249 units)Maintenance TechnicianMaintenance AssistantGroundskeeperHousekeeper
On-Site Positions – LeasingLeasing ManagerLeasing Consultant
Sample PagesNAREIT 2016
CompensationSurvey
To order, go to: reit.com/compensation-survey-order
The NAREIT 2016 Real Estate Compensation Survey has been the leading source on total compensation and benefits information for more than 20 years! The visibility and insight delivered by this survey are unparalleled in the industry.
The digital version of the Compensation Survey is delivered in two parts that provide an excellent overview and analysis as well as highly useful data tables:
Part I A PDF including all the summaries, trend reports, lists and analysis totaling approximately 80 pages of valuable information
Part II An Excel spreadsheet containing more than 150 worksheets presenting more than 300 compensation tables by job title. Also included is a large summary worksheet containing all the compensation data used to create the tables.
The NAREIT 2016 Real Estate Compensation Survey includes more than 300 tables on compensation within the real estate investment industry. No other source provides this depth and breadth of research.
Print Sample
Digital Sample