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News/October 13, 2014

FMI Releases 2014 Compensation Analysis

RALEIGH, N.C. (October 13, 2014) – In the most recent white paper released by FMI today, 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 read the complete “Post-Recession Transformations” white paper click here. For reprint permission or to schedule an interview with the author, please contact Sarah Vizard Avallone at 919.785.9221 or savallone@fminet.com.

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