Profile & Compensation Studies: Who Are IREM Members?

Journal of Property Management, January-February 2017 | Go to article overview

Profile & Compensation Studies: Who Are IREM Members?


IREM's CPM Members, CPM Candidates and ARM Members have seen steady increases in their compensation since the recent recession, according to IREM's recently released Profile and Compensation Studies.

IREM periodically conducts surveys of its members to gather useful data on compensation, management portfolios and various demographic characteristics. The results of the most recent data collection are published in the 2016 editions of the Profile and Compensation Studies--one version for CPM and CPM Candidate Members and one version for ARM Members. The 2016 editions also include results for both the U.S. and Canada.

Following are some highlights from the U.S. results. The full reports are available for purchase at www.irem.org/resources/s tore.

Office buildings & conventionally financed apartments are the property types that account for the largest share of portfolios managed by CPM and CPM Candidate Members.

CPM Members typically hold executive, property management or supervisory roles and oversee a staff of 56 employees.

CPM & CPM CANDIDATE MEMBERS

The average CPM is
52 YEARS OLD

54 PERCENT
of CPM Members are women.

66 PERCENT
of CPM Candidates are women.

70 PERCENT
of CPM Members and

58 PERCENT
of CPM Candidates hold at least an undergraduate degree.

Office buildings & conventionally
financed apartments are the
property types that account for
the largest share of portfolios
managed by CPM and
CPM Candidate Members.

CPM Members typically hold
executive, properly management
or supervisory roles and oversee a
staff of 56 employees.

Compensation & Benefits

CPM Members earn a median total compensation of $123,025, which includes a base salary for property management and additional real estate income from sales and leasing commissions. CPM and CPM Candidate Members in the Northeast, Mid-Atlantic and Pacific states earn the highest total compensation. CPM Members have mostly experienced steady growth in compensation. …

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