2023 Industry Compensation
In the ongoing battle for top professionals, multifamily housing leaders are revising compensation strategies. RCLCO/CEL Compensation Advisors offers key insights into median base salaries, 75th percentile base salaries, and average bonus structures within the rental housing industry. Drawing from a comprehensive survey of over 140,000 employees across 365 companies, this data is essential for competitive positioning.
Key Terminology:
- 50th Percentile (Median): The salary level where half of reported salaries fall above, and half fall below.
- 75th Percentile: The salary level exceeding 75% of reported salaries within the same position.
- Actual Bonus: The average incentive earned in 2022, reflecting performance against goals.
RCLCO/CEL Compensation Advisors: Your Guide to Strategic Compensation in Real Estate
RCLCO/CEL Compensation Advisors is a leader in providing data-driven compensation insights for the real estate industry. Their expertise helps companies attract and retain top talent in the competitive multifamily housing market and beyond.
Key Services:
- Comprehensive Compensation Surveys: RCLCO/CEL’s annual surveys provide in-depth analysis of salary levels, bonus structures, and benefits packages across various real estate sectors, including development, ownership, and operations.
- Strategic Consulting: Their team offers tailored advice on compensation plan design, long-term incentives, executive compensation, and performance metrics to support businesses in achieving their goals.
- Unmatched Data: With a vast database built over decades, RCLCO/CEL delivers reliable benchmarks for companies to make informed decisions about their compensation strategies.
Why Choose RCLCO/CEL Compensation Advisors:
- Deep Industry Knowledge: Their specialization in real estate ensures an understanding of the unique dynamics and talent needs of the sector.
- Actionable Insights: Data is translated into actionable recommendations, empowering companies to design effective compensation packages.
- Commitment to Excellence: RCLCO/CEL is dedicated to providing the highest quality data and advisory services to support the success of real estate businesses.