Behind the Survey The NMHC Compensation and Benefits survey, now in its fifth year, is the industry’s most comprehensive source for benchmarking multifamily compensation and benefits. This year’s report includes data from a record 102 leading apartment firms (11 percent more than last year) covering nearly 50,000 employees in 34 different property management positions. The survey includes:
Average and median compensation data at the national, regional, sub-regional, state, and metropolitan level.
Tenth, 25th, 75th, and 90th percentile compensation data that allows companies to benchmark their own information against their peers.
Data on employee turnover, rent concessions, medical coverage, leave, stock options, bonuses, and profit sharing.
Finally, for the first time ever, the survey report provides employee turnover rates by exempt and nonexempt workers. It also itemizes national compensation data according to the number of apartment units on a property.
This research relies on the involvement and support of sponsoring multifamily companies nationwide. Survey sponsors include AIMCO, AMLI Residential Properties Trust; Archstone-Smith; AvalonBay Communities, Inc.; Concord Management Ltd.; Equity Residential; Fairfield Residential LLC; Gables Residential Trust; SARES?REGIS Group; Trammell Crow Residential; and United Dominion Realty Trust.
For more information about the NMHC Compensation and Benefits survey, or to order a copy, visit: www.nmhc.org or contact the NMHC’s LaToya Scott at 202-974-2300.