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 | Mar 15, 2018

ABC: Construction materials prices continue to expand briskly in February

Compared to February 2017, prices are up 5.2%.

Market Data | Mar 14, 2018

AGC: Tariff increases threaten to make many project unaffordable

Construction costs escalated in February, driven by price increases for a wide range of building materials, including steel and aluminum.

Market Data | Mar 12, 2018

Construction employers add 61,000 jobs in February and 254,000 over the year

Hourly earnings rise 3.3% as sector strives to draw in new workers.

Steel Buildings | Mar 9, 2018

New steel and aluminum tariffs will hurt construction firms by raising materials costs; potential trade war will dampen demand, says AGC of America

Independent studies suggest the construction industry could lose nearly 30,000 jobs as a result of administration's new tariffs as many firms will be forced to absorb increased costs.

Market Data | Mar 8, 2018

Prioritizing your marketing initiatives

It’s time to take a comprehensive look at your plans and figure out the best way to get from Point A to Point B.

Market Data | Mar 6, 2018

Persistent workforce shortages challenge commercial construction industry as U.S. building demands continue to grow

To increase jobsite efficiency and improve labor productivity, increasingly more builders are turning to alternative construction solutions.

Market Data | Mar 2, 2018

Nonresidential construction spending dips slightly in January

Private nonresidential construction fell 1.5% for the month, while public sector nonresidential spending increased 1.9%.

Market Data | Feb 21, 2018

Strong start for architecture billings in 2018

The American Institute of Architects reported the January 2018 ABI score was 54.7, up from a score of 52.8 in the previous month. 

Multifamily Housing | Feb 15, 2018

United States ranks fourth for renter growth

Renters are on the rise in 21 of the 30 countries examined in RentCafé’s recent study.

Market Data | Feb 1, 2018

Nonresidential construction spending expanded 0.8% in December, brighter days ahead

“The tax cut will further bolster liquidity and confidence, which will ultimately translate into more construction starts and spending,” said ABC Chief Economist Anirban Basu. 

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