http://www.reit.com The 2010 NAREIT Compensation Survey feature responses from nearly 100 real estate organizations has been released. FPL Associates has conducted the annual survey for 15 consecutive years, and managing director Jeremy Banoff notes that it is considered the industry's most comprehensive compensation report. Banoff says the survey aims to capture a snapshot of a variety of trends in compensation, including how developments in the real estate industry and general economic climate are impacting compensation. The 2010 survey includes information on benefits, such as retirement plan options, insurance plans and vacation policies. Banoff points out that the 2010 edition has widened the number of positions within firms covered by the survey to provide a fuller picture of industry compensation trends. Banoff says that within the real estate industry, companies are beginning to hire greater numbers of asset managers, capital-raising specialists and transaction professionals. Overall, Banoff says the survey reflects a sense of "cautious optimism" within the industry.
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