Attaching a new "Public" link to the old compensation google sheet created a couple years back. It looks like the OP of the original worksheet stopped updating it and I figured it'd make sense to open it back up for new entries.
It is public and anyone with the link can edit it. That said, if you'd like to sort/filter the doc please export/download and save the file separately.
Great work taking the initiative on this.
I’ll be watching.
Edit: On a non troll note, good shit OP. Incredibly helpful to see how people in different markets and roles progress across time.
Not to be a troll, but how do some guys with 4+ years of experience not make 300k+? Could not imagine living on 60k a year, would be embarrassed to tell people I make so little.
Edit: You can hit me with all the monkey shit, but it doesn’t change the fact y’all don’t make any money.
Dude you’re an intern, wait till you get out in the real world and see how few and far between those 300k jobs are
Should’ve been been a banker.
.
Big facts.
It's almost like there's a massive comp gap between "$60k" and "$300k+"
Imagine being an intern and thinking someone making $200k a year is getting screwed.
Some first year analysts make 200k in IB.
Wouldn't recommend leaving the file for public edits....I'd do it the old way and have people submit via a poll on google. And yes, great initiative.
Any particular reason as to why other than people messing with an open workbook? I don’t have the time, nor desire to maintain/monitor an active worksheet.
Figured we could all be big boys and girls here and not need any hand holding
Agreed, and again thanks for taking the time to revive this thing. But you'd be surprised at how people behave when anonymity on a website is in play. Last time I think someone just flat out deleted all entries.
Plus, people start putting varied entries (100,000 will be 100k, bonuses aren't in numerical / % values etc). There will also be 20 different entries for LA as a market making sorting very difficult.
Not suggesting you have to spend your time updating but just wait and see what happens to your file....
Considering the third post in the thread is an anon user trolling, WSO is not a place to bet on maturity.
This place has gone downhill over the past few years. All you can do is focus on the good.
Because the trolls who infest the other forums have long since ruined the quality of discussion there, and they wouldn't be who they are if they didn't continually look for other people's experiences to ruin.
It's why the last year or two you've seen a ton of "rank X/Y/Z" posts or "compare these two vastly different experiences for me" instead of the intelligent discussion we used to get.
Bumping so people can find this more easily (like myself)
I love working in real estate but this thread on comp is why I don’t look at real estate as a profession like law, medical fields, tech jobs, management consulting, etc. We have absolutely no transparency on comp and years of experience to get to certain comp levels and we act like it’s a good thing. Unless you’re successful on your own, just know will always be underpaid if we don’t want honest about comp.
In my own career I’ve made as low as 65k in South Florida starting out to as high as 150k on 2 years out of grad school in the Florida market. Once I got laid off, I’m now back to 90k in Atlanta.
I don’t know about y’all but fuck comparing comps. Never going to get rich with any of the threads I’ve seen on comp. Real Estate comps have stagnated over the last few year mid level and entry level positions. If you do get really good comp they put the pressure of god on you for that pay 9 times out 10. No time to look at your own deals let alone have any life.
So my honest advice is just look at this time for whatever employer to learn and get out on your own one day. That is beauty of real estate. This truly one of the few careers you can learn to build your own nest egg with your own effort. STAY HUNGRY!
That's because every RE team is lean, and most people don't put in the effort to share their comps online. Outside of the big brokerages (Which comp also varies office to office and team to team), the only insight into comp are with huge players because they have the capital to hire the amount of people they do.
Agreed. That's definitely a big part of the reason for lack of transparency.
This probably makes more sense for RE-heavy roles (developers/operators). For finance-heavy roles, you can have a pretty nice well-paid career without “going out on your own.” That’s always seen as the holy grail on this site but it’s not for everyone.
Not surprisingly the actual data is much less than anonymous self reporting within the RE forum threads.
Data looks low from my limited sample size of friends in NYC. Would imagine because RE investment practices take a little less capital to start up initially there are more small shops out there paying less, but it looks like even some of the bigger firms are paying less. Idk.
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