In their own words, our industry’s collective wisdom believes it will be more difficult to compete for deals and talent in 2020, thus growth will be slower. SelectLeaders Hiring Trends Survey show compensation increased in 2019 for 58% of our survey, with 28% receiving an increase of more than 20%. No wonder there are more and more ‘Passive Candidates’ satisfied in their job, yet willing to look at a significant offer. In 2020, 70% of respondents expect their compensation to increase! Ready to go back and get your MBA? In this economy, with compensation at a premium, a majority (53%) think getting an MBA is not worth it. Cons: “Technological advances outpacing degree content.” “Not in this job market…” Pros: “If you make it to the top it is rare not to have one.” “If not financially, it significantly improves skill-sets.” It appears everyone wants to take full advantage of the longest economic expansion in U.S. history while it lasts, pushing the pace of business to be even quicker, regardless if growth slows a bit.
2020 Hiring Trends
About the SelectLeaders Job Barometer
The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.
About the SelectLeaders Real Estate Job Network
SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC