Guiding Your Financial Strategy with Benchmark Data

The 2024 Construction Compensation Report, collaboratively prepared by CICPAC, serves as a resource for construction firms looking to benchmark compensation against industry standards. This report is your key to navigating the complexities of the construction market’s salary landscape, ensuring your compensation packages remain competitive.

What’s Inside?

  1. Detailed Compensation Data: Explore extensive salary and benefits information for key positions such as Senior Project Manager, Senior Estimator and Controller, drawn from the 2023 Construction Management Staff Salary Survey and the 2024 Executive Compensation Survey for Contractors.
  2. Multi-faceted Analysis: Benefit from a multi-dimensional analysis of compensation, covering various construction types and firm sizes. This nuanced approach helps you tailor your compensation strategy to fit your company’s specific needs and market position.
  3. Practical Insights: Gain actionable insights with data segmented by company revenue size and geographic location, providing a clear picture of how your firm stands in relation to the broader industry.

The report emphasizes the importance of contextual analysis, urging firms to consider multiple data points and not rely on single figures in isolation. It also highlights the variability of bonuses and how they can affect overall compensation.

For construction companies striving to attract top talent and retain skilled professionals, the 2024 Construction Compensation Report is an indispensable tool.

Adams Brown is a member of CICPAC, a network of CPA firms focused on understanding and serving the construction industry.