IREM Research Publications Reveal Consistent Trends: The Results Are in from the IREM 2010 Profile and Compensation Studies of Certified Property Manager Members and Accredited Residential Manager Members. Every Couple of Years or So the IREM Research Department Conducts Surveys of Its Members to Gather Useful Data on Compensation and Various Demographic Information. below Are Highlights from Each of the New Studies

Journal of Property Management, January-February 2011 | Go to article overview
Save to active project

IREM Research Publications Reveal Consistent Trends: The Results Are in from the IREM 2010 Profile and Compensation Studies of Certified Property Manager Members and Accredited Residential Manager Members. Every Couple of Years or So the IREM Research Department Conducts Surveys of Its Members to Gather Useful Data on Compensation and Various Demographic Information. below Are Highlights from Each of the New Studies


CPM MEMBERS, CANDIDATES

Profile

As in past studies, the average age of CPM respondents is 50 years, with men comprising 49 percent of CPM Members but with women comprising 60 percent of current CPM Candidates. College education, those with at least an undergraduate degree, in addition to IREM course-work, is at about 66 percent for CPM Members and Candidates. CPM Members surveyed typically hold executive or property manager/supervisor roles and supervise a staff of 44 employees.

Compensation and Benefits

CPM Members in the study earn a median total compensation of $101,250, which includes a base salary for property management and additional real estate income from sales and leasing commissions. Numerous fringe benefits were reported and most frequently include paid vacation days, holidays, medical insurance, sick days, cell phones and professional association dues. CPM Members in the Pacific Coast, Northeast and Mid-Atlantic states earned the largest total compensation.

[ILLUSTRATION OMITTED]

Remuneration typically increases with years of experience, level of education and age. CPM respondents who are owners, partners, presidents or CEOs report receiving greater compensation than other respondents. CPM Members who work for investment companies typically receive higher compensation than those who work for other types of employers. CPM Candidates who work for REITs were the best compensated.

[ILLUSTRATION OMITTED]

ARM MEMBERS

Profile

The average ARM respondent is 44 years old, with women comprising 77 of the membership.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

IREM Research Publications Reveal Consistent Trends: The Results Are in from the IREM 2010 Profile and Compensation Studies of Certified Property Manager Members and Accredited Residential Manager Members. Every Couple of Years or So the IREM Research Department Conducts Surveys of Its Members to Gather Useful Data on Compensation and Various Demographic Information. below Are Highlights from Each of the New Studies
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?