THE GOOGLE DOC IS GETTING TAMPERED WITH AND CHANGED shouldve expected it. So I created a google form and the link is below. If you submitted your info on the excel just fill this out. It literally takes 2 seconds and then every night ill post the line by line entries
https://docs.google.com/forms/d/e/1FAIpQLSfHnRj5C…
THE NEW ENTRIES FROM THE GOOGLE FORMS SHEET ARE GOING TO LOGGED IN THE BELOW GOOGLE SHEET. THIS SHEET WILL BE LOCKED SO WE DONT HAVE TO WORRY ABOUT ANYONE MESSING WITH IT
| +52 | Leave brokerage to be GP | 12 | 2d | |
| +49 | New Comp Database - Google Form (Now with Data Validation) | 24 | 2d | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 3d | |
| +23 | Going out on your own | 4 | 2d | |
| +23 | Spreads over SOFR/UST | 8 | 27m | |
| +22 | Real Estate = complicated + underpaid | 15 | 2d | |
| +22 | REPE/Development GPA | 15 | 5d | |
| +20 | High achiever that doesn’t want to work weekends | 12 | 9h | |
| +17 | Fisher Brothers | 6 | 2d | |
| +15 | Can you exit from Fund to Asset management or Investment in Real Estate ? | 22 | 17h |
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It's currently in View Only mode. I'll throw in some offers and my current gig if you allow editing without giving up my email
Whoops my fault, just updated...
https://docs.google.com/spreadsheets/d/1ZG2FIjkUJKxJDgqcc-56E4uLADlr3qe…
Also, would definitely be beneficial to show comp for all roles that you have had in the industry...not necessarily linking them together, just adding them as 2 separate rows. For instance I added my Capital Markets role I had in Chicago and then my role i now have in acquisitions
And if you post in the excel if your ok with sharing that you post just comment on this thread saying something like "I posted"....that way the thread will show as active with a lot of comments
this is an awesome idea
To anyone who commented, please fill out the MRED/ MSRE/ MBA column to give more clarity
The doc is already really illuminating and it's been up an hour. Thanks OP.
Love it, lots of activity
Bad ass. Interesting to see the cities and as of yet, not many with Graduate degrees.
What a great idea!
If someone wants a SB, go back to the two main threads about Comp and input the data into the google doc
Also, lol @ the $50 visa gift card bonus. Christ some companies are cheap.
Calling the "Need Advice on Gift Cards for EOY Analyst Bonuses" thread that will pop up in a week.
Can be good if it starts with something like "last year I gave them Visa gift cards but was thinking of switching it up to Olive Garden this year...we have one across the street from our office!"
SB if people emphasize TX places too
OP, once the doc gets more entries, it might be a good idea to standardize the "Shop Type" column with a drop down so the doc can be easily sorted.
Agreed, I will make this edit
Someone is messing with the inputs as mine was deleted.... just an FYI
Same. I provided my comp and now it's gone
Ill dig through to see if any others have also been deleted.....have you guys re entered your info?
Going forward just add your comp below the last one...I am hardcoding everything to a separate excel sheet to make sure that no one is messing with any information that has already been entered. And I will be able to quickly look at the info to see which new ones have been added if everyone posts beneath the last one posted
create a shared excel sheet for a bunch of excel geeks and look what happens! A moth to a flame!
I am kicking myself for not knowing this, but for an LP Private Equity firm, what is AUM? Is that the total capitalization of all assets we own, or is it all committed capital of our investors?
committed capital
AUM is assets under management.....essentially what the shop owns
Lets say we own a $100 mm property, but levered $80mm. Is our AUM $20mm or $100mm?
great post!
Glad to see my idea implemented. I'm sure we're all very thankful!
Good to see you take the initiative and wait for someone else to do it?
Opposite - I thought it would be a great idea for everyone, but unfortunately did not have the time to implement myself. It's good to see everyone contribute.
At least we know the troll that's been deleting all the info now...
Why would I want to delete info for something I very much advocated to be created? That's illogical at best. Great to see everyone contribute.
At the end of every day I will go and lock the cells that were previously entered so no one can go and and manipulate it and change data. If you want want to edit your post that is locked just let me know and ill unlock
excellent.
Is there a way to sticky this so it stays at the top?
What do you mean? As in sticky the post? We just need people to keep commenting on the post
AndyLouis WallStreetOasis.com
I wouldn't bother. The google doc has been messed with way too much. CRE12345 is making a new one.
This is how millennials unionize.
Alternatively, you could use Google Forms and make the data that's thrown out read only.
This is probably a better idea.
Love this sheet
Band together. Take down the man. Get paid. Get bitches.
Seriously good idea and. RE forum on WSO is hands down the best.
Damn, associate pay is not what I thought it would be anymore.
I was sure the high watermark for acquisitions associate base was $150k.
Because the MD's are secretly monitoring this forum...
I think the answer is clear. Most WSO members are simply unaware that anything exists between NYC and Chicago, or Chicago and LA, so to try and explain the name and location of another "city" in the midwest, is just a waste of time. As for Texans, whether you ask what city, state, or country? The answer is always Texas.
Alternatively I'd suggest it's easy for the $1-3B PE NYC office acquisition guys to remain anonymous, but once you get outside of the major markets, there is only so many $6-10B REIT/PE/Family Offices, located in a particular city, focused on certain strategy of investing in a defined asset class within a specific region. If somebody cared to research, anonymity can disappear quickly.
Also, salaries likely are not very different between Austin/Houston/Dallas or Indy/Columbus/Pitt, so I don't think we're sacrificing quality.
I don’t know if it’s a regional thing, but most companies (Fannie Mae, capital one) in DC area have great transparency on employee compensation. We can see the low, median, and top salary range for our current title in workday. And company 10-K disclose median pay for all employees every year, it’s all public information
A lot of entries are getting deleted and changed, and I cant keep up with these to make sure everything is locked so I created a Google Form per the recommendation mentioned earlier in this chat. This takes LITERALLY 5 seconds to fill out...if you fill it out I will post everynight a pdf or excel of all submitted answers. Up to you guys
https://docs.google.com/forms/d/e/1FAIpQLSfHnRj5CN9B0ADvnfhFh_OwNE2_PPb…
Someone is still deleting things. Mine's gone.
yea the whole sheet is messed up honestly...enter your info in the google form and then everynight ill upload the results. it will give you compiled data after you enter. right now we have like 12 entries so going quick considering i just posted it
Really great idea and honestly great execution on your part. The initial document was really well done and it was cool to see everyone typing together in real time and share with the group. Unfortunate that someone (or multiple people) kept f-ing with everything.
THE NEW ENTRIES FROM THE GOOGLE FORMS SHEET ARE GOING TO BE LOGGED IN THE BELOW GOOGLE SHEET. THIS SHEET WILL BE LOCKED SO WE DONT HAVE TO WORRY ABOUT ANYONE MESSING WITH IT
https://docs.google.com/spreadsheets/d/1ZG2FIjkUJKxJDgqcc-56E4uLADlr3qe…
thanks for doing this
This is illuminating, thanks for doing this.
Fun data to pore over. Now I have so many, “Would the person who wrote X in B6 please elaborate” follow-ups haha.
Life co should be added as a 'Shop Type' option.
Wow, great idea, CRE12345! I wonder if readers would find it helpful to have avg hours worked per week for added context.
Can the Phoenix guys PM me? I just moved to the city and it would be great to connect.
Damn, this is slick. Looks like West Coast be killin it. Confirms my assumptions.
How I wish there was a thread just like this on PE in Asia... Great thread though! SBed.
Mainly referring to debt/equity
Unless you're at CBRE, in which case it means Investment Sales. Everywhere else, it means debt/ equity. D/E at CBRE is Debt & Structured Finance. Their person in charge of naming division needs a promotion....
I wonder who was tampering with the Google Doc, definitely wasn't me
Well, I owe OP $25,000. A couple of weeks ago i showed this google sheet to my immediate boss and showed him the gap in my base salary to average of my title. My immediate boss didn't even know what my comp was and was surprised to see how under market i was. Today he told me the company is bringing me to market. Time to celebrate!
Damn, you could have not waited and used the CEL report if you wanted
this one told a better story
We did it boys!
Holy shit, congrats.
Hah, CRE12345 send this man an invoice. Love the RE forum.
congrats, pretty awesome!
Ha! This is awesome!
wow nice man!
Amazing, congrats!
Just came back here to bump this up. Is there a way to keep this at the top section or WSO RE Hall of Fame?
AndyLouis WallStreetOasis.com
thanks, i'll add to RE hof
I just put the link in that thread... the folks in charge should get it set in stone though.
bump.
Doing my part to bump
This is great.
Bumping this, good doc.
Anyone else kind of depressed by the low overall comp of some of the people with 8+ years of experience? Seems unlikely to make over 300k in REPE without starting your own shop...
Yes and no. For one, we have no idea what those prior years of experience was and more experience doesn't necessarily mean more money. Second, there is probably (aka almost definitely) a self-selection bias. Do you think the guys killing it, making 500K+ are reading through WSO in their spare time?
Bumping this to get some new data points
Very useful information, thank you! Although I think you should clean up some of the columns, especially for the salary, bonus and additional comp.
Is the spreadsheet still live? I'd love to contribute and see comp data. The links above require permission
It's locked for me as well.
Same issue here. I used to have access and have added my comp data, however I cannot get into it anymore. I reached out to the OP for permission.
https://docs.google.com/spreadsheets/d/1ZG2FIjkUJKxJDgqcc-56E4uLADlr3qe…
Let me know if this link does not work
This link works fine, thanks!
Works perfectly. Thanks!
Thanks for putting this together. Very helpful data!
Added Comp
Bump
Have internationals converted currencies when posting? Some Londoners have posted numbers in GBP whereas others have a dollar sign next to them
Bump
I got a raise and my first full year bonus. Should I enter a new field or update my original entry?
new field man
Bump
However it seems that the file is not being updated anymore since January
Seconded. If this is doc is still being updated, I can submit my new info.
nice ! although some are redundant such as city etc
bump. is this file still being updated?
also, any other success stories of people getting raises, or securing better offers because of this? some of the disparities within markets is incredible.
Facts. It's all over the place.
I copied the old entries into a new google sheet and made it public. I realize the OP had issues with people tampering with the original worksheet but hopefully were all good boys and girls here and can contain ourselves. I know a lot of people refer to this when negotiating comp, myself included. See the link below....
https://docs.google.com/spreadsheets/d/1gz1XUTaWXbowQtX0iuPlhZT8sWWLbDh…;
Thanks for doing this. It may be best to create a new thread since most who view this will automatically look to the original post and only reference the dated link.
bump
Reviving this to get more entries
Its getting that time of year
really helpful. Thanks a lot
I don't see any 2020 entries even though I input a new comp- anyone else?
CRE12345 are you still around?
Nope he probably took all our our data submission, sold it to Keller Augusta and enjoying sweet retirement now.
Sorry to jump in an an old post. Currently considering switching over to brokerage but hear a ton of different things on comp. have a good friend who is a second year associate at JLL in industrial real estate brokerage. Says he pull in well over 200k all in. Do you this is realistic? Seems high compared to some of the numbers on here
Bump
Sorry guys, been offline for some time. I have hundreds of new entries to add to the sheet, i'm happy to do it if anyone who wants the full up to date sheet/cleaned up will pay $10 for it. Definitely going to take a bit of time so up to you guys if you want me to do it i guess
wow.....$10
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