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The Salaries of Property Professionals: A Research Study

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The Salaries of Property Professionals: A Research Study Dr. Douglas N. Goetz, CPPM, CF Professor of Contract Management Defense Acquisition University – PowerPoint PPT presentation

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Title: The Salaries of Property Professionals: A Research Study


1
The Salaries of Property Professionals A
Research Study
  • Dr. Douglas N. Goetz, CPPM, CF
  • Professor of Contract Management
  • Defense Acquisition University
  • Midwest Campus, OH

2
NEED FOR THIS STUDY
  • SEMINAL STUDY
  • Provide Information to the Association as to the
    status of the membership and the profession
  • Provide a number of Benchmarks
  • Collect data regarding current Salaries of
    Property Professionals
  • To Baseline Salaries as a
  • Reference for all Property Professionals

3
SURVEY METHODOLOGY
  • Survey Design
  • Elizabeth Sprecher Catalyst and the original
    designer of the Survey Instrument
  • We owe her our thanks
  • Content Validity of the Instrument
  • Reviewed by the NPMA Executive board
  • Numerous Changes were made to clarify the
    questions, job headings, and to fit the survey
    instrument

4
SURVEY POPULATION AND METHODOLOGY
  • The population for this study consisted of ALL
    NPMA members as of 1 July 2005
  • Therefore N3819
  • Survey Distribution was accomplished through a
    MAIL SURVEY with an optical scan form enclosed
  • with an NPMA addressed envelope

5
SURVEY RESPONSES
  • Survey Response Rate
  • 103 Mailings were returned as undeliverable
    thereby reducing our N to 3716
  • 1062 Usable surveys were received by the cut-off
    date of July 27th.
  • Response Rate of 29

6
ANONYMITY
  • ALL RESPONSES ARE ANNONYMOUS AND WILL NOT BE
    RELEASED Even the RAW data, to maintain this
    anonymity.

7
THE SURVEY
8
CHARACTERISTICS SURVEYED
  • Demographic Statistics
  • Gender
  • Age
  • Employer
  • Work Location
  • Education
  • Experience
  • Other Variables
  • NPMA Certification
  • Membership Reimbursement
  • of People employed at Location
  • of People in PROPERTY MANAGEMENT at Location
  • of Line Items Of Property
  • Value of Property

AND THE BIGGEE SALARIES!!!
9
So, here are the results!!!
10
SEX
X
GENDER
  • 582 Men
  • 55
  • (Rounded)
  • 478 Women
  • 45
  • (Rounded)

Compared to 1997 Survey Data 64 Male 36
Female
11
AGE
  • Compared to 1997 Data
  • Average Age was 48.18
  • Average Age in this Survey was 49.23

12
EMPLOYER(Broad)
  • Other Retired, Non-profit, Cherokee Nation,
    Consultant, etc.

13
WORK LOCATION
14
WORK LOCATION
  • EAST
  • CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VA,
    VT, WV
  • CENTRAL
  • IA, IL, IN, KS, KY, MI, MO, NE, ND, OH, SD, WI
  • SOUTHERN
  • AL, AR, FL, GA, LA, MS, NC, OK, SC, TN, TX
  • WESTERN
  • AK, AZ, CA, CO, HI, ID, MT, NV, NM, OR, UT, WA,
    WY
  • OUTSIDE OF US
  • Bahamas, Canada, Iraq, UK, Bosnia, Guam, Japan

15
Geographic Locations
Apologies for the map colors
Interesting to get DATA for NPMA HQ as to TOTAL
membership locations!
16
EDUCATION
8
30
14
34
13
lt1
4
42
25
14
1997 Survey Data
17
EXPERIENCE
13
lt1
8
17
29
25
20
1997 Survey Data
18
NPMA CERTIFICATION AS A CONDITION OF EMPLOYMENT
19
NPMA MEMBERSHIP PAID FOR BY EMPLOYER
DUH?
  • This one caused me to go Hmmmmm?

20
of People employed at Location
21
of People in PROPERTY MANAGEMENT at Location
22
AMOUNT OF PROPERTY MANAGED AT LOCATION
23
OF LINE ITEMS OF PROPERTY
24
LOCATION OF PROPERTY
A Good Area For More Research!
  • Logistics, Program Mgt., Support Services,
    Systems Engineering, Procurement, Security,
    Engineering, Business Services, Administration
    Services, Facilities, Asset Mgt., Real Estate and
    Facilities Mgt., Infrastructure Mgt., Real
    Estate, Legal, etc.

25
SALARIES
MODAL SALARY
100K
THE AVERAGE SALARY FOR AN NPMA MEMBER IS 62,850
26
SALARY RELATIONSHS and Salary
27
SALARY RELATIONSSome College and Salary
28
SALARY RELATIONSAssociates Degree and Salary
29
SALARY RELATIONSBachelors Degree and Salary
30
SALARY RELATIONSMasters Degree and Salary
31
SALARY COMPARISONSGOVERNMENT Versus INDUSTRY
THE ETERNAL QUESTION WHO MAKES MORE
GOVERNMENT EMPLOYEES or INDUSTRY EMPLOYEES?
G55308 I63977
32
FUTURE ACTIONS
  • Small note of Apology
  • FULL WRITTEN TECHNICAL REPORT to be prepared
    presenting all of the reported data and
    additional information regarding
  • of Line Items of Property and Salary
  • Value of Property and Salary
  • Salaries by Region (East, Central, South and
    West)
  • BOTTOM LINE We can slice and dice the data to
    analyze numerous relationships and correlations

33
CONCLUSIONS
  • A very successful survey
  • Provides the Association Leadership and its
    membership some much needed data
  • Provides a snapshot in time of the membership
  • Provides and will provide the member with a
    baseline to compare his/her salary.

34
REQUEST FOR HELP
  • I need some help with some number crunching
    (Due to time constraints not ability)
  • Sooooo, If anyone would like to participate by
    assisting me with some of the analysis please
    feel free to contact me
  • Give me your name and number
  • Note1 requires SOME EXPERTISE in MS-EXCEL.
  • Note2 Again, all data will remain anonymous.

35
THANK YOU
  • ANY QUESTIONS???
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