FMI Releases 2014 Engineering and Construction Compensation Analysis

Large increases seen in business development, project accounting, quality assurance, estimating and BIM

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In the most recent white paper released by FMI, author Mike Rose shares an analysis of more than 75,000 salary records for calendar year 2013. Annually, the firm conducts a series of 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% since 2008

- Bonuses are down as much as 50% since 2008

- The largest compensation increases for construction professionals have occurred in five job areas:

  1. Business development - up 16% since 2009
  2. Project accounting - up 15% since 2009
  3. Quality Assurance - up 15% since 2009
  4. Estimating - up 11% since 2009
  5. Building Information Modeling staff - wages have risen 11% since 2009

 

To download a copy of the “Post-Recession Transformations” white paper click here.

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