Feature Article - July 2012
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In the Money

Our Fifth Annual Salary Survey

By Emily Tipping

Respondents who held leadership positions, such as chairman, CEO, president, vice president or owner, reported the highest salary in 2012, but also the greatest year-over-year decline. These respondents saw their average salary fall 5.4 percent from $91,400 in 2011 to $86,500 in 2012.

Respondents in operations and facility management positions saw virtually no change to their salaries from 2011 to 2012. They reported a slight decrease of 0.4 percent, from $52,200 in 2011 to $52,000 in 2012. (See Figure 7.)

As you would expect, higher levels of education are coupled with higher average salaries across the board. However, salary increases were a mixed bag for those with college degrees and more this year. The greatest increase in salary was actually found among respondents with some college, but no degree under their belts. Their average salary increased 12.1 percent from $50,600 in 2011 to $56,700 in 2012. Those with master's degrees and associate's degrees also reported increases, of 3.2 percent and 2 percent, respectively. Respondents with high school diplomas, bachelor's degrees and doctorates saw slight decreases to their average salary, of 0.6 percent, 0.6 percent and 0.9 percent, respectively. (See Figure 8.)