As the war for talent continues, multifamily developers, owners and operators are driven to review salary and compensation packages for professionals in the rental housing industry. RCLCO/CEL Compensation Advisors breaks down the median base salary, 75th percentile base salary and average employee bonuses as a percent of base salary. The survey from RCLCO/CEL Compensation Advisors covers more than 140,000 incumbents from over 365 companies.
The 50th percentile is the value that is the midpoint of the range of values reported for that variable (also referred to as the median). The 75th percentile is the value that is the breakpoint where 75% of the values reported for that variable are lower. Actual bonus is represented by the average annual incentive award earned (reported) for goals achieved in 2022.
