flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

AIA small firm report: Half of employees have ownership stake in their firm

Market Data

AIA small firm report: Half of employees have ownership stake in their firm

The American Institute of Architects has released its first-ever Small Firm Compensation Report.


By AIA | February 27, 2018

The American Institute of Architects (AIA) has produced the first-ever Small Firm Compensation Report, dedicated to the unique needs and structure of small architecture firms.

The report includes data on compensation trends and employee demographics at small firms, which are defined as those legally structured as sole proprietorships (regardless of number of employees) and architecture firms with fewer than three architectural staff employees.

Also included in the report is information on benefits offered by small firms, and 23 detailed compensation tables broken out for six positions by firm type, firm revenue, region of the country, and more.

To develop a survey to best meet the unique needs of small firms, AIA collaborated with a working group of members of the AIA Small Firm Exchange to develop a new survey that could address the different types of small firms—and to begin to compile a body of reliable and accurate salary data.

Key highlights of the 2018 Small Firm Compensation Report:
• Nearly half of small firm employees (47%) have an ownership stake in their firm.
• At small firms, 75% of staff are either licensed architects (57%) or emerging professionals on the path to licensure (18%).
• Benefits related to employee retention and quality of life enhancement are most frequently offered by small firms.

Visit the AIA Store to purchase the report.

Related Stories

Market Data | Sep 22, 2016

Architecture Billings Index slips, overall outlook remains positive

Business conditions are slumping in the Northeast.

Market Data | Sep 20, 2016

Backlog skyrockets for largest firms during second quarter, but falls to 8.5 months overall

While a handful of commercial construction segments continue to be associated with expanding volumes, for the most part, the average contractor is no longer getting busier, says ABC Chief Economist Anirban Basu.

Designers | Sep 13, 2016

5 trends propelling a new era of food halls

Food halls have not only become an economical solution for restauranteurs and chefs experiencing skyrocketing retail prices and rents in large cities, but they also tap into our increased interest in gourmet locally sourced food, writes Gensler's Toshi Kasai.

Building Team | Sep 6, 2016

Letting your resource take center stage: A guide to thoughtful site selection for interpretive centers

Thoughtful site selection is never about one factor, but rather a confluence of several components that ultimately present trade-offs for the owner.

Market Data | Sep 2, 2016

Nonresidential spending inches lower in July while June data is upwardly revised to eight-year record

Nonresidential construction spending has been suppressed over the last year or so with the primary factor being the lack of momentum in public spending.

Industry Research | Sep 1, 2016

CannonDesign releases infographic to better help universities obtain more R&D funding

CannonDesign releases infographic to better help universities obtain more R&D funding.

Industry Research | Aug 25, 2016

Building bonds: The role of 'trusted advisor' is earned not acquired

A trusted advisor acts as a guiding partner over the full course of a professional relationship.

Multifamily Housing | Aug 17, 2016

A new research platform launches for a data-deprived multifamily sector

The list of leading developers, owners, and property managers that are funding the NMHC Research Foundation speaks to the information gap it hopes to fill.  

Hotel Facilities | Aug 17, 2016

Hotel construction continues to flourish in major cities

But concerns about overbuilding persist.

Market Data | Aug 16, 2016

Leading economists predict construction industry growth through 2017

The Chief Economists for ABC, AIA, and NAHB all see the construction industry continuing to expand over the next year and a half.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021