RALEIGH, NC -- In the most recent white paper released by FMI recently, author Mike Rose shares an analysis of more than 75,000 salary records for calendar year 2013. Annually, the firm conducts a series 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 percent since 2008
Bonuses are down as much as 50 percent since 2008
The largest compensation increases for construction professionals have occurred in five job areas:
Business development - up 16 percent since 2009
Project accounting - up 15 percent since 2009
Quality Assurance - up 15 percent since 2009
Estimating - up 11 percent since 2009
Building Information Modeling staff - wages have risen 11 percent since 2009
To download a copy of "Post-Recession Transformations" white paper click here.