realestate

Corporate Real Estate Compensation Trends See Steady Growth in 2024

Corporate real estate professionals see continued compensation increases in 2024, according to CoreNet Global End User Survey.

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orporate real estate professionals saw significant compensation increases in 2024, according to the CoreNet Global End User Compensation Survey. Conducted in partnership with Ferguson Partners, the survey provides insight into base salaries, incentive structures, and benefits for corporate real estate professionals.

    Key findings from the survey include:

    * 78% of participants reported a base salary increase between 2023 and 2024, with a median increase of 3.8%.

    * 79% of participants anticipate receiving a salary increase in the coming year.

    * 51% of participants received an increase in their annual incentive award payout in 2023, with a median increase of 15%.

    The survey also explored additional perquisites provided to corporate real estate professionals, including mobile device reimbursement, tuition reimbursement, and on-site fitness membership.

    CoreNet Global is the leading association for corporate real estate professionals, representing nearly 10,000 members worldwide. The organization provides education, networking, and research to support industry professionals in navigating workplace and business challenges.

Business professionals gather at conference discussing corporate real estate compensation trends in 2024.