Those who work in the Southeast fared the best, followed bythose in the West Central, West Central North and Northeast states.These figures, taken from the recently released NAIOP 2000-2001Compensation Report, reflect the practices of 161 US companies and5,875 employees. The survey was conducted by Industry Insights.

The report, covering 43 executive positions in all areas ofcommercial real estate development, presents compensation byposition along with information on long-term incentives; equityparticipation and stock options; employee benefits and perquisites;and breakouts by REIT vs. private developers, company size andregion. The report includes companies ranging in asset size fromunder $10 million to $500 million and above. Average, median and25th and 75th percentiles are provided for base salary and totalcash compensation.

"The Report is an invaluable resource for development companiesto use during annual reviews, with new hires and in budgetdiscussions. It will also be helpful as a benchmark for companiesto compare their own salaries, benefits and perks against industryaverages and medians," says Sheila K. Vertino, NAIOP vice presidentfor information and technology, who managed the survey andreport.