Architect Compensation Stagnant as Recession Lingers


Architect compensation stagnant as recession lingers.
August 09, 2011

As the construction industry continues to suffer the effects of a prolonged economic downturn, the architecture profession has been hit especially hard. Consequently, the declining demand for design services has resulted in an average increase in total compensation of only $1,600 between 2008-2011 for staff architecture positions, according to the 2011 American Institute of Architects (AIA) Compensation Survey.

“In addition to reducing benefits offered to employees, architecture firms have been faced with devastating conditions and had to make difficult reductions in expenses,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “Salary freezes or reductions, scaled back hours, the conversion of full-time to part-time or contract positions, and mandatory furloughs have all taken a toll on the compensation of architects.”

Full story.

         
 

RELATED ARTICLES FROM BD+C

Comments on: "Architect compensation stagnant as recession lingers
"