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Compensation Survey: Understanding the Labor Market in your City

Compensation Survey: Understanding the Labor Market in your City. June 16 2011. Background – Salary Surveys. Purpose Determine how others pay for similar positions Compare self to market Make pay adjustments to individuals Make pay adjustments to a job position

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Compensation Survey: Understanding the Labor Market in your City

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  1. Compensation Survey: Understanding the Labor Market in your City June 16 2011

  2. Background – Salary Surveys Purpose • Determine how others pay for similar positions • Compare self to market • Make pay adjustments to individuals • Make pay adjustments to a job position • Make pay adjustments across the organization

  3. Background – Salary Surveys Survey provides data on Base Salary/Hourly Rate Annual Bonus Total Compensation (Base + Bonus) Employee Programs Group Benefits Programs Savings/Pension Programs

  4. Background – Salary Surveys Survey Jobs Building Superintendent  Marketing Manager Cleaner  Property Accountant Doorman/Concierge  Property Administrator Leasing Agents  Property Assistant Manager Legal Admin./Paralegal  Property Manager Maintenance Manager  Regional Manager Maintenance Technician  Security Guard

  5. Background – Salary Surveys Survey Participants Large and small organizations Properties included from across Canada Large and small buildings 2009 Sample of Participants: 1. Boardwalk REIT 7. Realstar Management  2. CAP REIT 8. Sophie Investments Inc.  3. Greenwin Property Mgmt 9. Sterling Karamar Property Mgmt 4. Lawrence Construction 10. The Summerhill Associates  5. Oxford Properties 11. Timbercreek Asset Management  6. Park Property Management Inc. 

  6. Maintenance Technician – Base Salary

  7. Building Superintendent – Base Salary

  8. Building Superintendent – Base Salary + Bonus

  9. Building Superintendent

  10. Building Superintendent

  11. Building Superintendent

  12. Staffing Activities

  13. Staffing Activities

  14. Staffing Activities

  15. Benefits

  16. Benefits

  17. Benefits

  18. 2011 CFAA Compensation Survey Similar format to 2009 National across Canada 14 property positions included Full statistics included New information for 2011 Median, 1st & 3rd quartile Average rent Average square feet Pay as related to average monthly rent $

  19. 2011 CFAA Compensation Survey Projecting participation of 75+ landlords Geared towards both large and small landlords Survey reported by city Price per city: Greater Toronto Area: $250 or $350 Calgary, Edmonton, Halifax, Montreal etc.: $250 Hamilton, London, St. John, Saskatoon etc.: $175 National Report (all cities): $1,500 Cost x3 for non-participants

  20. 2011 CFAA Compensation Survey Interested in participating? Contact: Steven Osiel Email: sosiel@palbenefits.com Telephone: 416-969-8588 John Dickie Email: president@cfaa-fcapi.org Telephone: 613-235-0101 Your completed survey data is due by the end of June

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