by Brianna Crandall — October 15, 2014—In the most recent white paper from consulting and research firm FMI, author Mike Rose shares an analysis of more than 75,000 salary records for calendar year 2013. Annually, the firm conducts a 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% since 2008
- Bonuses are down as much as 50% since 2008
- The largest compensation increases for construction professionals have occurred in five job areas:
- Business development – up 16% since 2009
- Project accounting – up 15% since 2009
- Quality assurance – up 15% since 2009
- Estimating – up 11% since 2009
- Building information modeling (BIM) – up 11% since 2009
The “Post-Recession Transformations” white paper is available for download from the FMI Web site.
Founded by Dr. Emol A. Fails in 1953, FMI provides management consulting, investment banking and research to the engineering and construction industry, with offices across the United States. FMI services all segments of the industry, providing clients with value-added business solutions.
