CREW Boston

Download and share CREW Network's 2015 Benchmark Study Report

Download and share CREW Network's 2015 Benchmark Study Report
CREW Network is proud to be the leading producer of research on women in the industry, and we are excited to share with you the release of our 2015 Benchmark Study Report: Women in Commercial Real Estate. This third CREW Network study marks the most extensive industry research to date over an unprecedented 10-year span, tracking and analyzing specialization, compensation and career achievement by gender.
 
The 2015 study shows that women occupy more senior vice president, managing director and partner roles in commercial real estate, and are more satisfied with their career success than ever – but there is still work to be done to achieve parity in the industry. Additional key findings from the study:
 
  • Women’s career satisfaction and feelings of success increased across all industry specializations. Women with higher commission-based pay reported the highest career satisfaction.
  • The percentage of women with direct reports is now on par with their male counterparts.
  • 28% of women surveyed aspire to the C-suite vs. 40% of men; 47% of women respondents aspire to the senior vice president, managing director or partner levels.
  • In 2015, the industry median annual compensation was $115,000 for women and $150,000 for men – an average income gap of 23.3%. The income gap was widest in the C-suite at 29.8%.
  • One in five women surveyed said that family or marital status has adversely impacted their compensation or careers.
 
For the first time, CREW Network has also outlined specific action items for industry and organizational leaders to take from this report, which can be found in the report’s Executive Summary and Conclusion.

Click here to read more and download the 2015 Benchmark Study Report.