Student Housing Business

JUL-AUG 2015

Student Housing Business is the voice of the student housing industry.

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STUDENT HOUSING BUSINESS .COM JULY/AUGUST 2015 35 INDUSTRY COMPENSATION Low High Mean Median Low High Mean Median Low High Mean Median Chief Executive Officer 115,000 2,000,000 408,100 150,000 0 450,000 81,300 20,000 115,000 2,000,000 489,400 180,000 Chief Operating Officer/VP of Operations 100,000 400,000 191,200 160,000 0 250,000 45,600 25,000 135,000 400,000 236,800 210,000 Chief Financial Officer/VP of Finance 89,000 400,000 172,900 114,000 0 200,000 40,000 5,000 89,000 600,000 212,900 140,000 VP/Director of Human Resources 41,000 212,200 116,500 112,500 0 106,100 32,400 20,000 44,500 318,300 148,900 124,200 Regional VP/VP of Property Management 67,000 189,400 114,000 100,000 0 47,300 15,400 8,000 67,000 236,700 129,400 120,000 Regional Property Manager 75,000 118,000 88,400 86,800 0 30,000 12,600 11,800 82,500 135,700 101,000 95,800 Property Manager 30,000 91,000 55,900 52,000 0 30,000 8,600 6,000 35,000 120,000 64,500 59,900 VP/Director of Marketing/Leasing 35,000 164,400 87,400 85,000 0 4,100 12,500 10,000 42,500 205,500 99,900 95,000 VP/Director of Acquisitions 92,000 225,000 165,700 173,800 12,000 52,200 31,400 30,000 110,300 255,000 197,100 226,000 Acquisitions Associate/Analyst 47,000 100,000 68,700 60,000 0 15,000 10,700 15,000 47,000 115,000 79,400 75,000 VP/Director of Asset Management 92,000 225,000 183,000 198,000 5,000 79,000 46,000 45,000 97,000 276,800 229,000 255,000 Asset Manager 45,000 132,500 91,300 88,500 0 33,100 16,500 16,600 45,000 165,600 107,700 103,500 VP/Director of Development 72,800 241,300 128,100 125,000 10,000 84,400 32,100 25,000 82,800 325,700 160,200 150,000 Development Manager 75,000 148,000 106,300 101,000 5,000 44,400 24,100 23,500 83,000 192,400 130,400 123,000 VP/Director of Construction 94,000 225,000 138,000 100,000 12,000 45,000 23,800 20,000 108,000 270,000 161,800 120,000 Construction Manager 71,000 120,300 93,900 85,000 0 25,000 9,000 5,000 81,000 145,300 102,900 90,000 < 2,500 BEDS Base Salary Bonus Total Compensation 13% 6% 24% 0% 5% 10% 15% 20% 25% 30% >7,500 BEDS 2,500 ‐ 7,500 BEDS < 2,500 BEDS Change in Total Compensation by Company Size 2013‐2014 3% 3% 15% 16% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% C‐SUITE PROPERTY OPERATIONS INVESTING DEVELOPMENT Change in Total Compensation by Functional Area 2013‐2014 To be included in next year's salary survey, please contact: Josh Logelin jlogelin@specialtyconsultants.com 412-355-8200 • www.specialtyconsultants.com CHANGE IN TOTAL COMPENSATION BY COMPANY SIZE 2013-2014 CHANGE IN TOTAL COMPENSATION BY FUNCTIONAL AREA 2013-2014 Copyright © Bob Narod Photography corporate fitness & sports healthcare academic residential hospitality retail www.cube3studio.com 989.989.9900 g g y De De si si i gn gn in in i g yo yo ur vision g g y

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