The primary purpose of the Facility Management Salaries and Compensation e-book is to help facility managers attract and retain talent to manage their buildings in a competitive labor market. The survey results show facility staff how their individual compensation matches up with industry benchmarks.
2021 fnPrime salary eBook
Currently, there is a demand for nearly every position in facility management, and it doesn’t help that candidates are hard to come by. Many facility managers report that they struggle to attract candidates for all positions — ranging from frontline technicians all the way to six-figure C-level titles. This problem will only get worse as current employees retire. The median age for all positions in this e-book was in the 50s, with one title as high as 59. In just a few years, the facility management industry will experience massive turnover.
A tight labor market often leads to competition for employees and therefore to higher pay. The Facility Management Salaries And Compensation e-book provides a range of industry benchmarks for essential positions within facility departments. This research breaks down survey responses by 10 titles: Building Engineer, Director of Maintenance and Engineering, Director or Superintendent of Buildings and Grounds, Director or Vice President of Facilities, Facilities Coordinator/Supervisor, Facility Manager, Maintenance Manager, Maintenance Supervisor, Operations/Plant Manager, and Property Manager.
Within each title, the data is broken down further by eight sub-categories: Education Level, Budget, Geography, Building Type, Square Footage, Years of Experience, Certifications, and Gender. By providing multiple perspectives on compensation, the report enables facility managers to more accurately gauge whether salaries and bonuses are competitive in the labor market.
The e-book provides both average and median numbers for each of these sub-categories. The median indicates a middle point of data. Half who responded earned less than the median, while half earned more. Numbers that are extremely high or low do not distort it. Having industry benchmarks for both averages and medians can help facility managers go to top management and justify current salaries, make the case for an increase in pay, or show employees that they already offer competitive compensation.
Because many salaries fall outside the median range, the report also lists the high and low salaries submitted by respondents. This data set complements median and average salaries. Understanding high and low salaries for comparable titles helps facility managers understand where an individual salary fits into the wider picture of compensation. With this information, facility managers can determine whether a salary is outside the industry wide bounds, is at the very high or low end of the range, or is well within that range.
This report uses salary data from 1,262 facility management personnel who completed a survey in September 2021.
