CREW Network’s most recent survey of women in commercial real estate workplaces reveals that nearly three-quarters of respondents expect their compensation to increase this year, while 21% think it will remain on par with 2021 levels.

Just 30% of respondents had asked for a raise in the last year and 65% received an increase, according to the CREW data. The survey also notes that while women in commercial real estate have typically listed the lack of a company mentor or sponsor as one of the top barriers to their advancement in the industry, just 56% of 2022 survey respondents said they had access to a mentor or sponsor in the last two years. And that number was significantly lower for people of color: just 21% had a mentor or sponsor in the last two years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lynn Pollack

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.