Friday Letter Have your say on pay

In an effort to put together the best compensation survey possible, we need your help in our data collection efforts by participating in a quick, anonymous survey. 

Last September, PERE presented its first-ever compensation report on the private equity real estate industry. In collaboration with executive search and advisory firm Sousou Partners, we put together a guide to salaries and bonuses among associates, analysts, vice presidents, directors and managing directors in North America, Europe and Asia. We then analysed the data and talked to the industry to uncover the latest trends in hiring and compensation worldwide.

Among our findings: a director in Europe with 11 to 14 years’ experience took home an average base pay and bonus of £420,000 ($649,000; €513,000) in 2009, an increase on the £333,000 average earned in 2008 but below the £441,000 average earned in 2007. Meanwhile, the equivalent director in North America took home an average of $539,000 in 2009. That was off the $614,000 average earned in 2007, but again it marked an increase on the $517,000 average earned in 2008.

Needless to say, such a report was eagerly received by PERE readers. In fact, it was one of the most viewed articles on our website last year. So perhaps it is no surprise that we would want to revisit the topic this year.

This time, however, we are looking to make the PERE Compensation Survey even bigger and better by having about a dozen recruitment firms around the globe contribute their salary and bonus data. To further ensure that we have the most thorough and complete information possible, we also would like to encourage as many PERE readers as possible to submit their own compensation data.

Understandably, such a request is sure to give people pause. So let us reassure you that survey participants will remain strictly anonymous and compensation information will be presented only in aggregate form.

The results of the survey, along with salary and bonus data from participating recruitment firms, will appear in an upcoming issue this fall.

To participate in the compensation survey, please click here.

Or just visit www.perenews.com and click on the compensation survey link, which appears on a rotating basis in the upper right corner of the site.

The deadline for participating in the survey is 9 September, so don’t delay. Submit your compensation data now!

Thank you in advance for taking the time to participate in our survey. We look forward to the results.