Wednesday, November 30, 2011

Compensation Report for Architects

"Payroll employment at U.S. architecture firms was in excess of 240,000 at the end of 2007. By the end of 2010, firm employment levels fell to under 156,000, according to the U.S. Department of Labor, producing more than a 25 percent decline in payroll positions over this period." But strangely enough, compensation is up for the industry. "Architecture compensation increased 32 percent between early 2002 and early 2011, compared to 27 percent for all professional and related staff in the economy, and 25 percent for all private workers. Architect compensation increased faster than economy-wide compensation during the period of strong economic growth between 2005 and 2008, but slower during the economic downturn. . ."

The American Institute of Architects - AIA Compensation Report, Economics

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