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 | Nov 3, 2017

New construction starts in 2018 to increase 3% to $765 billion: Dodge report

Dodge Outlook Report predicts deceleration but still growth, reflecting a mixed pattern by project type.

Market Data | Nov 2, 2017

Construction spending up in September; Down on a YOY basis

Nonresidential construction spending is down 2.9% on a year-over-year basis.

Market Data | Oct 19, 2017

Architecture Billings Index backslides slightly

Business conditions easing in the West.

Industry Research | Oct 3, 2017

Nonresidential construction spending stabilizes in August

Spending on nonresidential construction services is still down on a YOY basis.

Market Data | Sep 21, 2017

Architecture Billings Index continues growth streak

Design services remain in high demand across all regions and in all major sectors.

Market Data | Sep 21, 2017

How brand research delivers competitive advantage

Brand research is a process that firms can use to measure their reputation and visibility in the marketplace.

Contractors | Sep 19, 2017

Commercial Construction Index finds high optimism in U.S. commercial construction industry

Hurricane recovery efforts expected to heighten concerns about labor scarcities in the south, where two-thirds of contractors already face worker shortages.

Multifamily Housing | Sep 15, 2017

Hurricane Harvey damaged fewer apartments in greater Houston than estimated

As of Sept. 14, 166 properties reported damage to 8,956 units, about 1.4% of the total supply of apartments, according to ApartmentData.com.

Hotel Facilities | Sep 6, 2017

Marriott has the largest construction pipeline of any franchise company in the U.S.

Marriott has the most rooms currently under construction with 482 Projects/67,434 Rooms.

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