Anthony LoPinto Anthony LoPinto

The great recession is becoming a distant memory, but its effect continue to be profound.  Leaner organizations, tighter budgets, higher bars for new recruits, and the list goes on. However, executive pay bucks the more conservative post-recession trend.

The Wall Street Journal reported yesterday that CEO compensation reached new highs following the surging stock market. The Journal tested 104 of the biggest American companies and found that their CEOs payday in 2016 rose 6.8% to an average of $11.5 million. The majority of the increases were attributable to awards of more restricted stock and options. In some respects this is not terribly surprising, but it does highlight the extraordinary compensation that is doled out to CEOs.

This also raises the question of how does the rank-in-file of these companies fair on the compensation front. According to the Economic Policy Institute, of the largest firms in the US, CEOs earn an average of about 300 times more than their workers. This is much different than 50 years ago, when the ratio was closer to 20-to-1.

The bottom-line is that while CEO compensation is scaling new heights, the majority of the increases are tied to company performance in the form of stock and options that will only payout if certain performance criteria are met.

Job Listings

N3 REAL ESTATE Senior Corporate Senior Accountant  (SOUTHLAKE, TX) Duties include preparing monthly financial statements and supporting schedules; preparing month-end accruals; monitor A/P coding and GL activity; preparing all reports and schedules for the Monthly Reporting Package.; and maintaining cash projections and analyses. (Sponsored Job)

FANNIE MAE Credit Risk Manager – Multifamily  (WASHINGTON, DC) Position will facilitate the analysis, monitoring and management of Multifamily products, assets, and or Counterparties, and mitigate Multifamily credit risk. Manage lender requests; and developing  data, financial analytics and reports to communicate business unit activities to Multifamily stakeholders. 

ENDURANCE REAL ESTATE GROUP Property Manager/Assistant Property Manager  (BALA CYNWYD, PA) Manager will maintain personal contact with tenants; implement tenant retention practices; approve plans and procedures for handling complaints or requests from building tenants or occupants; and maintain work order system with maintenance crews and vendors.

LEITER Senior Property Manager  (BROOKLYN, NY) The Property Manager will be responsible for maintaining a profitable portfolio of coop/condo clients. Duties drafting management reports; act as a liaison to between unit owners and shareholders; and negotiating with vendors. 

FEDERAL REALTY INVESTMENT TRUST Director of Leasing  (SAN JOSE / LOS ANGELES) Responsibilities include sourcing new deals, lease negotiations, creating merchandising plans, using financial analysis to evaluate deals, maintaining market information, managing lease renewals, analyzing and providing feedback on new development and acquisition opportunities.

JLL  Senior Data Analyst  (NEW YORK, NY) The position provides primary support to the senior level directors of a major financial services firm to assist in developing and implementing major strategic initiatives.

ARBOR Asset Manager  (DEPEW, NY) Duties include: performing financial analysis of properties including operating statements, budgeting and variance review; loan administration and borrower support, workout and foreclosure analysis; and lease analysis, appraisal and engineering report reviews, etc.

CIM GROUP Manager, Corp. Accounting  (LOS ANGELES, CA) Position will work within the corporate accounting group, implementation & management of the corporate expense allocation policy and will work closely with accounting, finance, operations, internal audit, legal and compliance to improve regulatory reporting initiatives.