I work in Phoenix, starting to become a relatively HCOL of City.
I am trying to gauge what is typical for a development analyst to make. I feel like I've seen some opportunities that are significantly higher ($90K+) than I saw a year ago.
Curious to see what is a Fair Base + Bonus
Also curious to see what the jump from Development Analyst to Associate looks like in salary.
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Depends on firm size, pedigree, exact role, etc. I’m in a similar market so these numbers feel right:
New grad: 50-70k base, 10-20% bonus
1-2 years exp: 65-85k base, 15-25% bonus
3-5 years (Sr. Analyst/Associate role): 90-120k+ base, 20-40% bonus
Does anyone have an idea as far as HCOL and large developer?
New grad here, starting fulltime as an analyst at a smaller development firm in a secondary SE market (LCOL) mid-july. My final offer was 70k + 15-20% EOY bonus depending on performance.
I found it really difficult to gauge on starting salaries in development when I was recruiting because it varies so much firm to firm and market to market. Had friends land higher offers at even smaller shops than mine and friends land super low offers from much more "prestigious" shops in HCOL markets.
I'm in San Diego, development analyst with 2.5 yrs of experience, and came from brokerage before. I'm at 95k base + 30-45%. So around 130k expecting all-in this year especially since a couple project will stabilize this year.
Mind me asking what type of shop?
Industrial and office, mid-size shop ~8B under management. I work on our industrial side primarily and work on development and value add deals.
I am an acquisitions analyst at a national development shop in a tier 1 HCOL city (2nd tier firm - not Hines, TCC, Tishman, Lendlease, Etc...), year 3 in the industry, 2nd at firm and my base is $120k and bonus was $30k last year (30% of previous salary).
Any guess what the salary would be like at one of the top firms like Hines, TCC, Related, etc?
No idea - I am equally as curious.
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