flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

AIA small firm report: Half of employees have ownership stake in their firm

Market Data

AIA small firm report: Half of employees have ownership stake in their firm

The American Institute of Architects has released its first-ever Small Firm Compensation Report.


By AIA | February 27, 2018

The American Institute of Architects (AIA) has produced the first-ever Small Firm Compensation Report, dedicated to the unique needs and structure of small architecture firms.

The report includes data on compensation trends and employee demographics at small firms, which are defined as those legally structured as sole proprietorships (regardless of number of employees) and architecture firms with fewer than three architectural staff employees.

Also included in the report is information on benefits offered by small firms, and 23 detailed compensation tables broken out for six positions by firm type, firm revenue, region of the country, and more.

To develop a survey to best meet the unique needs of small firms, AIA collaborated with a working group of members of the AIA Small Firm Exchange to develop a new survey that could address the different types of small firms—and to begin to compile a body of reliable and accurate salary data.

Key highlights of the 2018 Small Firm Compensation Report:
• Nearly half of small firm employees (47%) have an ownership stake in their firm.
• At small firms, 75% of staff are either licensed architects (57%) or emerging professionals on the path to licensure (18%).
• Benefits related to employee retention and quality of life enhancement are most frequently offered by small firms.

Visit the AIA Store to purchase the report.

Related Stories

Market Data | Jul 6, 2020

Nonresidential construction spending falls modestly in May

Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%.

Market Data | Jul 6, 2020

Construction industry adds 158,000 workers in June but infrastructure jobs decline

Gains in June are concentrated in homebuilding as state and local governments postpone or cancel roads and other projects in face of looming budget deficits.

Market Data | Jul 6, 2020

5 must reads for the AEC industry today: July 6, 2020

Demand growth for mass timber components and office demand has increased as workers return.

Market Data | Jul 2, 2020

Fall in US construction spending in May shows weakness of country’s construction industry, says GlobalData

Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation

Market Data | Jul 2, 2020

6 must reads for the AEC industry today: July 2, 2020

Construction spending declines 2.1% in May and how physical spaces may adapt to a post-COVID world.

Market Data | Jul 1, 2020

Construction spending declines 2.1% in May as drop in private work outweighs public pickup

Federal infrastructure measure can help offset private-sector demand that is likely to remain below pre-coronavirus levels amid economic uncertainty.

Market Data | Jul 1, 2020

7 must reads for the AEC industry today: July 1, 2020

Facebook to build $800 million data center and 329 metro areas added construction jobs in May.

Market Data | Jun 30, 2020

AIA releases strategies and illustrations for reducing risk of COVID-19 in senior living communities

Resources were developed as part of AIA’s “Reopening America: Strategies for Safer Buildings” initiative.

Market Data | Jun 30, 2020

329 metro areas added construction jobs in May

Seattle-Bellevue-Everett, Wash. added the most construction jobs (28,600, 44%) in May.

Market Data | Jun 29, 2020

6 must reads for the AEC industry today: June 29, 2020

HQ tower features gardens on every floor and the head of Hilton talks about how his business will survive.

boombox1
boombox2
native1

More In Category

Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021